Galileo - About the company
Galileo is an acquired company based in Sandy (United States), founded in 2000 by Dave Wilkes and Clay Wilkes. It operates as a Provider of cloud-based platform for financial technology and digital banking. Galileo has raised $85M in funding from Accel and Mercato Partners. The company has 117 active competitors, including 47 funded and 17 that have exited. Its top competitors include companies like Cross River Bank, Tink and Bud.
Company Details
Provider of cloud-based platform for financial technology and digital banking. The platform offers APIs for building and scaling financial products and experiences. It supports deposits, engagement channels, payments, cards, lending, and risk management. The platform is designed for financial institutions, fintechs, and brands.
- Website
- galileo-ft.com
- Email ID
- *****@galileo-ft.com
- Registered Address
- Salt Lake City, Utah
Key Metrics
Founded Year
2000
Location
Sandy, United States
Stage
Acquired
Total Funding
$85M in 2 rounds
Latest Funding Round
Ranked
3rd among 117 active competitors
Employee Count
1,009 as on Jun 30, 2026
Investment & Acquisitions
Exit Details
Acquired by SoFi (Apr 07, 2020)
Legal entities associated with Galileo
Galileo is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GALILEO FINANCIAL TECHNOLOGIES, INC. CIN: 87-0668668 , United States, Active | Mar 09, 2020 | - | - | - |
Galileo Processing, Inc. CIN: 870668668 , United States, Active | Dec 31, 1999 | - | 200 (As on Dec 31, 2019) | - |
Galileo's acquisition details
Click here to take a look at Galileo's acquisition in detail
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Galileo's funding and investors
Galileo has raised a total funding of $85M over 2 rounds. Its first funding round was on Apr 2014. Its latest funding round was a Series A round on Oct 17, 2019 for $*****. 2 investors participated in its latest round. Galileo has 4 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Galileo:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 17, 2019 | 4323577 | Series A | 3063376 | 1334051 | 1607044 | 2914796 |
Apr 2014 | 9347317 | Series A | 5032786 | 9371243 | 3626393 |
View details of Galileo's funding rounds and investors
Galileo's founders and board of directors
Founder? Claim ProfileThe founders of Galileo are Dave Wilkes and Clay Wilkes.
Here are the details of Galileo's key team members:
- Dave Wilkes: Former Co-Founder of Galileo and founder of 1 other company.
- Clay Wilkes: Former Co-Founder of Galileo. Contact Info: 2 email addresses
View details of Galileo's Founder profiles and Board Members
Galileo's employee count trend
Galileo has 1,009 employees as of Jun 26. Here is Galileo's employee count trend over the years:
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Galileo's Competitors and alternates
Top competitors of Galileo include Cross River Bank, Tink and Bud. Here is the list of Top 10 competitors of Galileo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cross River Bank 2008, Fort Lee (United States), Series D | Platform offering API-driven financial infrastructure | $898M | 79/100 | |
2nd | Provider of open banking platform offering payment services and data enrichment | $359M | 73/100 | ||
3rd | Galileo 2000, Sandy (United States), Acquired | Provider of cloud-based platform for financial technology and digital banking | $85M | 72/100 | |
4th | Bud 2015, London (United Kingdom), Series B | Developer of open banking API and financial data analysis for businesses | $103M | 71/100 | |
5th | Finix 2015, San Francisco (United States), Series C | Provider of payment solutions and tools for businesses and platforms | $210M | 67/100 | |
6th | Token 2015, London (United Kingdom), Series C | Provider of account-to-account payment infrastructure, variable recurring payments, and data solutions | $90.2M | 64/100 | |
7th | Mono 2020, San Francisco (United States), Acquired | Open banking APIs for businesses | $17.6M | 64/100 | |
8th | Zeta 2015, San Ramon (United States), Series D | Provider of technology platforms and integrated services for financial institutions | $390M | 63/100 | |
9th | Payabli 2020, Los Angeles (United States), Series B | Payment processing solutions for corporates and merchants | $108M | 63/100 | |
10th | Moniepoint 2019, London (United Kingdom), Series C | Provider of integrated financial services for businesses and individuals | $266M | 62/100 |
Looking for more details on Galileo's competitors? Click here to see the top ones
Galileo's Investments and acquisitions
Galileo has a total of 1 investment in MOZAIK Energies. Galileo has not made any acquisitions as of now.Reports related to Galileo
Here is the latest report on Galileo's sector:
News related to Galileo
Media has covered Galileo for a total of 9 events in the last 1 year, 4 of them have been about partnerships and 3 about company updates.
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Galileo Enables SoFi to Send and Receive FedNow® Service PaymentsGlobal Fintech Series•Apr 13, 2026•Galileo, SoFi
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AXA XL secures $175m Galileo Re 2025-1 retro cat bond at low end pricingArtemis•Dec 09, 2025•Galileo, AXA XL
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Southwest and Galileo Partner to Offer Debit Card RewardsPYMNTS.com•Nov 06, 2025•Galileo, Southwest Airlines
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Galileo, SoFi’s Tech Platform, Joins AWS Partner NetworkPYMNTS.com•Oct 17, 2025•Amazon Web Services, Galileo
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Galileo Launches Co-Branded Debit Card Platform with Wyndham HotelsPYMNTS.com•Aug 13, 2025•Galileo, Wyndham Hotels & Resorts
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Galileo Launches Payment Method Switch for Easier Bill PaymentsBusinessnewsthisweek•May 20, 2025•Galileo, SoFi
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