NEWHORIZONS Galileo, the quiet, profitable payments powerhouse, is now ready to go big globally, writes CEO Clay Wilkes
Galileo’s global enterprise payments platform is the application programme interface (API) standard for card issuing. Through the combination of our flexible platform and powerful open APIs, we power world-leading fintechs, financial services and investment firms by removing the complexity of payments.
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We make it fast and easy for businesses of every type and size (such as neobanks and gig economy companies) to innovate and deliver amazing financial services experiences to their customers. No other company offers Galileo’s breadth of capabilities, combined with flexible, API-first architecture. Using Galileo’s powerful APIs, clients launch physical or digital payments cards, create/manage accounts, authorise merchant payments and manage/calculate card balances. We also support our clients with industry-leading AI-based fraud protection, access to 20-plus US-based sponsoring banks, world-class dispute handling and more.
Fintechs powered by the Galileo platform include top neobanks Monzo (US business), KOHO (Canada) and Chime (US), along with fintech leaders Robinhood, TransferWise, Revolut and Varo, among others.
OPEN APIS AND THE SIMULATOR SANDBOX As an API-first business, we welcome all developers interested in creating payments products to give our open APIs a try and to test what they code in our simulator sandbox, which provides a secure environment for innovation and iteration. Access to our open APIs and sandbox is available www.thepower50.com