SoFi Technologies to Adopt Galileo’s Cyberbank Core for New Commercial Payment Services Sponsor Banking Program
SoFi Technologies, Inc. (SOFI)
Company Research
Source: Business Wire
SALT LAKE CITY & SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that empowers members to borrow, save, spend, invest, and protect their money, today announced its adoption of Galileo’s modern, cloud-based Cyberbank Core to power a range of payment services to commercial clients, including debit, prepaid, ACH and wire transactions, and associated banking services. Cyberbank Core became an integral part of Galileo’s offering after SoFi’s acquisition of Technisys in 2022. Galileo is a subsidiary of SoFi.“We are thrilled that our new commercial payment services sponsor bank program is built on Galileo’s powerful tech platform,” said Anthony Noto, CEO of SoFi. “Galileo’s modern, cloud-based banking core offering is cutting edge, enabling banks, fintech, and financial services companies like SoFi to quickly launch new products, effortlessly scale financial services products, and stay ahead of the evo
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SOFI
Earnings
- 7/30/24 - In-Line
SOFI
Sec Filings
- 9/27/24 - Form 3
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- SOFI's page on the SEC website