SoFi To Acquire Galileo Financial Technologies

SoFi, the online personal finance company, today announced it has signed a definitive agreement to acquire Galileo Financial Technologies (“Galileo”), the powerful financial services API and payments platform. SoFi will pay total purchase consideration of $1.2B to acquire Galileo, comprising cash and stock. Galileo’s digital payments platform enables critical checking and savings account-like functionality via its powerful open APIs, providing companies with an easy way to create sophisticated consumer and B2B financial services. The company’s offerings are accessible via...

BMO Financial Group Completes Acquisition of Clearpool Group, Inc.

Fintech acquisition delivers modern, cloud-based electronic trading platform with visual data analytics and customizable algorithmic strategies Emphasizes BMO’s priorities to provide innovative technology to clients and expand in areas of opportunity and strength NEW YORK and TORONTO, April 6, 2020 /PRNewswire/ – BMO Financial Group (NYSE, TSX: BMO) today announced that it has completed the acquisition of Clearpool Group, Inc., a New York-based provider of holistic electronic trading solutions and an independent agency broker-dealer operating in the U.S. and Canada....

Cache Ventures Launches Tech Fund and Acquires LeadOwl

Cache Ventures, a bootstrapped venture studio, has announced a partnership with 360 Family Office and the launch of a private equity fund, kicking things off with its first acquisition, LeadOwl. Fintech News Since 2013, Cache has been entirely self-funded. Founders Sean Heilweil and Jarrett Lusso began by building and launching Exit Monitor, which was acquired in August 2016 by Kaleidoscope Global. Their experience building, growing, and exiting the company inspired them to embark on a non-traditional route. As a venture studio,...

Dynasty Financial Partners Names Harvey Golub as New Interim Non-Executive Chairman

Dynasty Financial Partners today announced that, effective immediately, retired Chairman and CEO of American Express, Harvey Golub, will become the new Interim Non-Executive Chairman of the Board of Dynasty Financial Partners. Mr. Golub replaces Todd Thomson who will remain on the Board and as a Member of the Executive Committee. Mr. Thomson is Chief Operating and Financial Officer of Los Angeles-based Kairos Ventures, a firm that invests in the world’s leading scientific discoveries. Fintech News...

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