09/17/2020

SoFi is committed to fighting racism, standing in solidarity with all of our communities, providing space for open dialogue,
as well as taking action as informed allies. We are donating $1 million to organizations that empower people of color and their allies.

Galileo, Galileo



We’re excited to announce today that we’ve signed an agreement to acquire Galileo Financial Technologies, the powerful API and payments platform that powers not only our SoFi Money product, but numerous other innovative fintech payment offerings all over the world.

Since we started nearly a decade ago with a single student-loan-refinance platform, SoFi has grown to offer a full array of financial products to advance our mission to help our members get their money right. That’s why one of the many reasons we’re thrilled to add the Galileo team is that it gives us the ability to better serve our members through their best-in-class API technology, furthering our goal to provide 24/7 access to critical financial services. Additionally, Galileo’s wide penetration, underpinning the global fintech space, places us in a critical role in reinventing and optimizing how digital finance is done today.

But most importantly, the world is changing rapidly and we want to partner with those that could change with it—even if that means challenging centuries-old financial services convention. We’ve found that in Galileo, and we look forward to working with them to bring our members the very best in financial services technology.

The day-to-day user experience for our members won’t change, as Galileo will continue to operate independently, but all members will benefit from the improvements to SoFi’s economics and infrastructure. If you’d like to read more about our acquisition of Galileo, please see our press release here.


SoFi Lending Corp. CFL# 6054612, NMLS #1121636 (www.nmlsconsumeraccess.org). Advisory services are offered through SoFi Wealth, LLC an SEC-registered Investment adviser. Brokerage products and SoFi Money® are offered through SoFi Securities LLC, member FINRA /SIPC . Neither SoFi nor its affiliates is a bank. ©2020 Social Finance, Inc.


All your finances.
All in one app.

App Store rating

Download on the App Store Get it on Google Play

ABOUT SoFi SoFi helps people achieve financial independence to realize their ambitions. Our products for borrowing, saving, spending, investing, and protecting give our more than one million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people. For more information, visit SoFi.com. Want an easy and convenient way to manage your financial life? Get the SoFi app. For iOS and Android.


TLS 1.2 Encrypted
Equal Housing Lender