Galileo Launches Secured Credit with Dynamic Funding Empowering Banks and Fintechs to Simplify Credit-Building for Consumers
SoFi Technologies, Inc. (SOFI)
Company Research
Source: Business Wire
New solution offers a consolidated balance view for debit and secured credit. SALT LAKE CITY--(BUSINESS WIRE)--Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), announced the launch of Secured Credit with Dynamic Funding. Built to help fintechs, banks and other businesses address the needs of underbanked and underserved customers, Galileo Secured Credit with Dynamic Funding simplifies the secured credit process, making it easier for consumers to manage their debit and credit accounts. This streamlined solution also reduces the risk for lenders by backing credit with secured deposits.With more than 45 million Americans either credit unserved or underserved, the need for secured credit is high. Traditional secured models have long been plagued with complexities around where consumers want to use their funds. Customers face the dilemma of keeping their cash in their demand deposit account (DDA) for use with their de
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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