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Home » Mesh Payments teams up with SoFi and Galileo
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Mesh Payments teams up with SoFi and Galileo

By Queena CaiDecember 16, 2024No Comments2 Mins Read
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  • Mesh Payments partners with SoFi Bank and Galileo to streamline expense management with integrated financial solutions.
  • The collaboration accelerates product development and ensures compliance with SoFi’s banking framework and Galileo’s API platform.

What happened: Mesh Payments joins forces with Google Pay

Mesh Payments, a leader in global travel and expense management, has partnered with SoFi Bank and Galileo Financial Technologies to enhance its financial ecosystem. SoFi Bank will serve as Mesh’s sponsor bank, while Galileo, a SoFi-owned financial technology company, will provide payments processing. Together, these entities aim to streamline corporate expense management by integrating SoFi’s banking framework with Galileo’s modern API-driven platform.

The partnership enables Mesh Payments to deliver faster product development, centralised spending visibility, and enhanced automation for enterprises. “We’re excited to partner with SoFi and Galileo, as both companies share our vision of delivering modern financial solutions,” said Oded Zehavi, CEO of Mesh Payments. With SoFi’s unified banking and payments capabilities, the collaboration eliminates inefficiencies often encountered when relying on separate providers.

Also read: What is a fintech company?
Also read: Gogo takes big step toward proper in-flight broadband internet

Why it’s important

The partnership highlights a growing trend of fintechs leveraging unified banking and payment infrastructures to drive operational efficiency and innovation. By integrating SoFi Bank’s regulatory expertise with Galileo’s cutting-edge technology, Mesh Payments sets a benchmark for expense management platforms. Enterprises will benefit from faster feature rollouts, real-time data access, and improved compliance with federal banking regulations.

This collaboration also strengthens SoFi Bank’s position in commercial payments and Galileo’s reputation as a premier processor for fintech solutions. As Mesh Payments supports midmarket businesses with over $1 billion in annual payment volume, this partnership exemplifies the power of unified ecosystems in transforming corporate financial operations. It further signals a move towards smarter, tech-driven enterprise solutions designed to minimise errors and enhance productivity.

Galileo Financial Technologies Mesh Payments SoFi Bank
Queena Cai

Queena Cai is an intern reporter at BTW Media, having studied Construction Economics and Management at University College London. She specialises in Business Project Management and Consultancy. Contact her at q.cai@btw.media.

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