• Menu
  • Skip to right header navigation
  • Skip to main content
  • Skip to primary sidebar

DigiBanker

Bringing you cutting-edge new technologies and disruptive financial innovations.

  • Home
  • Pricing
  • Features
    • Overview Of Features
    • Search
    • Favorites
  • Share!
  • Log In
  • Home
  • Pricing
  • Features
    • Overview Of Features
    • Search
    • Favorites
  • Share!
  • Log In

Sofi’s acquisition of Galileo enhancing its core functionalities such as BNPL services and advanced customer engagement tools powered by conversational AI, while enabling it to operate more like a vertically integrated fintech company

July 18, 2025 //  by Finnovate

Since acquiring Galileo Financial Technologies in 2020, SoFi Technologies has deepened its fintech infrastructure by integrating Galileo’s payment processing and tech capabilities across its growing suite of offerings. Galileo plays a pivotal role in enabling core functionalities such as buy now, pay later (BNPL) services and advanced customer engagement tools powered by conversational AI. This backend support is critical to SoFi’s strategy of delivering a seamless, tech-forward financial experience to users. Operating under the same corporate umbrella has dramatically expanded integration opportunities. SoFi can now move more nimbly, embedding Galileo’s infrastructure directly into its product roadmap without the friction typical of third-party partnerships. This combination enhances speed to market, operational efficiency and the ability to innovate across digital banking, lending and personal finance tools. Furthermore, the relationship creates a feedback loop. Galileo not only powers SoFi’s products but also benefits from SoFi’s scale and user data, helping refine and expand Galileo’s platform for other clients. In essence, SoFi’s acquisition of Galileo has evolved from a strategic purchase into a foundational pillar, enabling SoFi to operate more like a vertically integrated fintech company, with tighter control over both user experience and the underlying tech stack driving its offerings.

Read Article

Category: Innovation Topics, Neo-Banks & Challengers

Previous Post: « Embedded payments are seeing rising adoption in the parking sector through AI-recognition tech that lets customers just drive in and scan a QR code to enter their credit card information the first time they park, with automatic vehicle identification and charges applied on subsequent trips

Copyright © 2025 Finnovate Research · All Rights Reserved · Privacy Policy
Finnovate Research · Knyvett House · Watermans Business Park · The Causeway Staines · TW18 3BA · United Kingdom · About · Contact Us · Tel: +44-20-3070-0188

We use cookies to provide the best website experience for you. If you continue to use this site we will assume that you are happy with it.