Galileo Named Best Payment-as-a-Service Platform by Tearsheet

On November 20, 2020, Galileo Financial Technologies was named the Best Payment-as-a-Service Platform by financial industry publication Tearsheet. The recognition highlighted Galileo's comprehensive API suite that powers embedded payments and card programs for fintechs and financial institutions. Galileo Instant, a rapid payout product, was specifically noted for enabling real-time disbursements.

The company serves as the processing backbone for numerous fintech card and payment programs, providing the infrastructure that allows non-bank companies to offer financial services. The award reflects Galileo's market-leading position in the payment-as-a-service category following its acquisition by SoFi earlier in 2020. Galileo's platform continues to expand its capabilities to meet growing demand for embedded finance solutions across the fintech ecosystem.