Search Results for "Galaxy"
5 results for "Galaxy"
Deals 5
SoFi Launches Enterprise Banking Program With Crypto-Native Infrastructure
SoFi launched SoFi Big Business Banking, an enterprise commercial banking program integrating fiat accounts, crypto rails, and its tokenized deposit SoFiUSD for 24/7 real-time money movement. The product uses a 'stablecoin sandwich' approach to enable instant settlements while keeping deposits on SoFi's balance sheet. Initial clients include Cumberland, Bullish, BitGo, B2C2, Fireblocks, Wintermute, Galaxy, Jupiter, Mesh Payments, and Mastercard.
PayTabs Group Partners with Fintech Galaxy for GCC Open Banking and Payments
PayTabs Group and Fintech Galaxy announced a partnership integrating PayTabs' payment orchestration middleware with Fintech Galaxy's FINX open banking platform. The deal targets SMEs and enterprises in Saudi Arabia and the UAE with services including account verification, A2A payments, and POS-based lending. The partnership aligns with evolving MENA open banking regulations, including SAMA's Q1 2024 specifications.
Fintech Galaxy Closes $2M Seed Round for MENA Open Finance Platform
UAE-based open finance platform Fintech Galaxy closed a $2 million seed round led by Jordan's Ahli Fintech. The platform provides API-based integration between fintech startups and financial institutions. The investment supports Fintech Galaxy's financial inclusion mission and open banking expansion across the MENA region.
Finzly and ICBA Bancard Partner to Offer Instant Payments for Community Banks
Finzly and ICBA Bancard partnered to offer instant payments to community banks via Finzly's Payment Galaxy hub. The platform supports ACH, wires, RTP, and future FedNow connectivity. This gives community banks access to modern payment rails typically available only to larger institutions.
Mobile Banking Fintech Current Raises $20M Series B Funding
Current, a mobile banking app offering FDIC-insured accounts through partner banks, raised $20 million in Series B funding. The round brought total fundraising to $45 million and supported growth past 500,000 accounts. New investors included Wellington Management, Galaxy Digital EOS VC Fund, and CMFG Ventures, with returning investors QED Investors, Expa, and Elizabeth Street Ventures.