Clay Wilkes had already been retired for six years when he launched Galileo Financial Services in 2000. The serial entrepreneur who had been an early pioneer in telecommunications technologies (like voice over internet protocols) saw the need for better connectivity between secondary services and financial institutions 19 years ago, just as new digital services around payroll processing, transit vouchers, store cards, and other services were launching. Now the company runs the backend integrations with financial institutions for some of the biggest names in financial technology and has just raised $77 million in financing from Accel Partners. Not that Galileo necessarily needed the money.

Topics:  galileo financial services   partners   chime banking   robinhood   monzo   transferwise   accel   john locke   stripe    through   salt lake city-based   north   it s   brazil   colombia   argentina    mexico city   latin   united   kingdom   uk    we re   atlassian   clay   wilkes   galileo   api   america   million   fintech   years   company   companies   money   market   products   processing   accounts   credit   transactions   consumers   transaction   online   built   business   cards   launching   traditional   capabilities   team   institutions   banks   financing   raised   profitable   talk   provider   ways   amount   startup   technologies   fact   debit   
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