• DMCA
  • Privacy Policy
Trade News Today
  • Home
  • Markets
  • News
    • All
    • Business

    Gold’s Price Action Is Even More Bullish In Other Currencies

    What Trump’s Mask, Toyota Production And OPEC+ Meeting Mean For Markets

    Weekly Outlook: Monetary Policy Decision From BoJ, BoC, ECB

    Risk Appetites Firm, But The Greenback Is Mixed

    The Dual Nature Of Markets In 2020

    The Virus And The Economy

    Large Fiscal Cliff Looms On The Horizon

    Opening Bell: Futures, Stocks Jump On Positive Earnings Hopes; Dollar Slumps

    Fed Is Trapped In QE As Interest Rates Can’t Rise Again

    • Business
    • Companies
    • International
    • Small Business
  • Economy
  • Politics
  • Real Estate
  • Personal Finance
  • Autos
  • Energy
  • Investing
  • Market TV
No Result
View All Result
  • Home
  • Markets
  • News
    • All
    • Business

    Gold’s Price Action Is Even More Bullish In Other Currencies

    What Trump’s Mask, Toyota Production And OPEC+ Meeting Mean For Markets

    Weekly Outlook: Monetary Policy Decision From BoJ, BoC, ECB

    Risk Appetites Firm, But The Greenback Is Mixed

    The Dual Nature Of Markets In 2020

    The Virus And The Economy

    Large Fiscal Cliff Looms On The Horizon

    Opening Bell: Futures, Stocks Jump On Positive Earnings Hopes; Dollar Slumps

    Fed Is Trapped In QE As Interest Rates Can’t Rise Again

    • Business
    • Companies
    • International
    • Small Business
  • Economy
  • Politics
  • Real Estate
  • Personal Finance
  • Autos
  • Energy
  • Investing
  • Market TV
No Result
View All Result
Trade News Today
No Result
View All Result
Home Personal Finance

SoFi to acquire payment software company Galileo for $1.2 billion

Trade News by Trade News
April 7, 2020
in Personal Finance
0
SoFi to acquire payment software company Galileo for $1.2 billion
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter


Anthony Noto, CEO of SoFi 

Adam Jeffery | CNBC

Personal finance start-up SoFi has agreed to buy payments software company Galileo for $1.2 billion.

The cash-and-stock deal will help the companies launch new products, expand internationally and capitalize on consumers’ shift to digital finance, according to the CEOs of both companies.

SoFi CEO Anthony Noto said that a shift to digital has been accelerated by the coronavirus shutdown as people lose access to physical bank branches. 

“It’s the right time to do something like this — we’re on the precipice of a transition to digital from physical finance,” Noto told CNBC in a phone interview. “It’s going to serve people in this environment and the need for mobile financial services is only going to accelerate.”

Galileo has been around for a decade longer than its acquirer. The Salt Lake City, Utah-based software company connects banks to credit card processors through APIs, or application programming interface software. The two…



Source Google News

Tags: acquirebillioncompanyGalileopaymentSoFisoftware
Trade News

Trade News

The Trade can be bought and sold privately or on stock exchanges, and such transactions are typically heavily regulated by governments to prevent fraud, protect investors, and benefit the larger economy.

  • Trending
  • Comments
  • Latest
‘Car Wars’ study says launches speeding up through 2024

‘Car Wars’ study says launches speeding up through 2024

June 12, 2020
Why Patagonia Tells Customers Its Coats Are Toxic

Why Patagonia Tells Customers Its Coats Are Toxic

April 29, 2020
ENSEK expands into Europe with acquisition of NrgFin

ENSEK expands into Europe with acquisition of NrgFin

August 5, 2020

Gold’s Price Action Is Even More Bullish In Other Currencies

July 14, 2020
oftwominds-Charles Hugh Smith: The Age of Discord

oftwominds-Charles Hugh Smith: The Age of Discord

0

6 Coronavirus Fighting Tips for Your Finances – Winona Daily News

0
Germany reports fourth straight drop in daily rate of new coronavirus infections By Reuters

Germany reports fourth straight drop in daily rate of new coronavirus infections By Reuters

0
What To Know About Premier Protection Services

What To Know About Premier Protection Services

0
oftwominds-Charles Hugh Smith: The Age of Discord

oftwominds-Charles Hugh Smith: The Age of Discord

June 26, 2022
The Global Power Shift Isn’t West to East–It’s Not That Simple

The Global Power Shift Isn’t West to East–It’s Not That Simple

June 24, 2022
Our No-Win “Kobayashi Maru” Economy

Our No-Win “Kobayashi Maru” Economy

June 22, 2022
Former Florida gubernatorial candidate Andrew Gillum indicted on federal charges

Former Florida gubernatorial candidate Andrew Gillum indicted on federal charges

June 22, 2022

Recent News

oftwominds-Charles Hugh Smith: The Age of Discord

oftwominds-Charles Hugh Smith: The Age of Discord

June 26, 2022
The Global Power Shift Isn’t West to East–It’s Not That Simple

The Global Power Shift Isn’t West to East–It’s Not That Simple

June 24, 2022
Our No-Win “Kobayashi Maru” Economy

Our No-Win “Kobayashi Maru” Economy

June 22, 2022
Former Florida gubernatorial candidate Andrew Gillum indicted on federal charges

Former Florida gubernatorial candidate Andrew Gillum indicted on federal charges

June 22, 2022
ADVERTISEMENT




Markets

No Content Available

Companies

No Content Available

Investing

Belgium Will Open Bars and Borders as Virus Infections Fall By Bloomberg
Investing

Belgium Will Open Bars and Borders as Virus Infections Fall By Bloomberg

by Trade News
June 3, 2020
0

© Bloomberg. Bicyclists ride near the Berlaymont building in Brussels, Belgium. Photographer: Olivier Matthys/Bloomberg (Bloomberg) --Belgium will reopen bars...

Read more
Will Americans still travel abroad? Only with cast-iron coronavirus cover By Reuters

Will Americans still travel abroad? Only with cast-iron coronavirus cover By Reuters

June 3, 2020
EU classifies coronavirus as mid-level threat to workers By Reuters

EU classifies coronavirus as mid-level threat to workers By Reuters

June 3, 2020
  • DMCA
  • Privacy Policy

© 2019 NewsinTrade.com

No Result
View All Result
  • Home
  • Markets
  • News
    • Business
    • Companies
    • International
    • Small Business
  • Economy
  • Politics
  • Real Estate
  • Personal Finance
  • Autos
  • Energy
  • Investing
  • Market TV

© 2019 NewsinTrade.com

Current Global Trade News newsintrade.com
We appreciate your interest in contacting us with comments, requests or any thing else. We will never send you Spam email, or give your email information to any one else. This site is SSL secured with 2048 bit SSL encryption.
Send