Galileo, which provides API infrastructure, has announced a $77mn Series A funding round.
In Brief:
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Galileo provides API infrastructure for a number of FinTechs.
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The round was led by Accel Partners.
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The company’s technology is used by Revolut and Transferwise.
What does this mean?
The company could prove a good investment for those who took part in the round, since it is a profitable FinTech which reported 130% year over year growth in September.