SoFi to Acquire Galileo Financial Technologies in $1.2 Billion Deal

SoFi has announced their plans to acquire Galileo Financial Technologies for $1.2 billion in cash and stock; Galileo allows companies to offer a variety of financial services to both consumers and small businesses; SoFi is a current customer of Galileo but other customers include Chime, Robinhood, Transferwise and Varo Money; the news seems like a play for SoFi to access new customers who currently partner with Galileo; Galileo will continue to operate as a standalone business with Clay Wilkes, the current CEO remaining in charge. Lend Academy

Emily Donato

With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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