Tech Company Financing Transactions
Galileo Financial Technologies Funding Round
Galileo Financial Technologies, based in Salt Lake City, raised $77 million from Accel Partners and private investors.
Transaction Overview
Company Name
Announced On
10/18/2019
Transaction Type
Venture Equity
Amount
$77,000,000
Round
Undisclosed
Investors
Accel Partners (Lead Investor)
private investors (Ryan Smith)
Proceeds Purpose
The company intends to use the funds to accelerate growth, including expansion into Latin America, the UK and Europe, and for continued operations and product expansion.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
6510 South Millrock Dr. 300
Salt Lake City, UT 84121
USA
Salt Lake City, UT 84121
USA
Phone
Website
Email Address
Overview
Galileo is the company behind the tech that powers most fintech companies, financial institutions and investment firms in North America, Latin America, Canada, Asia, and Europe, delivering solutions in the complex world of payments and financial services. It is a flexible platform, handling thousands of financial transactions every moment of every day.
Management Team
Browse more venture capital transactions:
Prev: 10/18/2019: Canva venture capital transaction
Next: 10/18/2019: Plexium venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs