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SOFI's Secret Weapon: Galileo (the AWS of Fintech)

SOFI's stock is down 50% from its all time high, but the company has a lot of long-term potential. In this stock analysis I breakdown SOFI's secret weapon for taking over the fintech space: the Galileo Technology Platform. ► Checkout WeBull! (Get 2 free stocks valued up to $2000 when you deposit $5): https://act.webull.com/invite/share.h... SoFi acquired Galileo for $1.2 billion back in 2020, at the time shelling out over 10% of the company's value for the technology platform. But Galileo offers much more than just increased revenue for SoFi. As a major play in the payments space, Galileo enables businesses ranging from small startup to multi-billion dollar companies to offer cards, digital banking, and payment processing all through simple to use APIs. Some of their customers include Dave.com, TomoCredit, and Robinhood. In this video I walk through the strategic benefits of SoFi owning Galileo, including how the acquisition fits into their larger goal of becoming the largest fintech company in the world. 📈 💸You can get free stocks by signing up for these apps: ► Get up to $70 worth of stock from Public: https://share.public.com/fintek when you use code "fintek" ► M1 Finance (Get $30 when you deposit $100): https://m1.finance/YIPMuDmLpBtZ ► Robinhood (Get a Free stock when you sign up): http://join.robinhood.com/kuranm1 ► WeBull (Get 2 free stocks valued up to $2000 when you deposit $5): https://act.webull.com/invite/share.h... 🎥 My Video Equipment: Camera: https://amzn.to/3ziQnSL Tripod: https://amzn.to/2TdllLI Microphone: https://amzn.to/3xgPFUz 💼 🏆 VIP Investment Group:   / fintek   I am not a financial or investment advisor. Everything in this video is for entertainment purposes only. Links above include affiliate commission or referrals, and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.