Galileo Is Going in for the Mexican Fintech Market, Partnering With Klar

Source: Contxto

Mexican challenger bank Klar is buddying up with US-based fintech, API, and payments platform, Galileo. This is another step in the latter’s expansion into Mexico. In February of this year, it had opened its offices in the capital. Moreover, consumer financial services platform SoFi acquired Galileo for US$1.2 billion last month. 

Despite all these major changes it still forged a partnership with the Mexican fintech. As a result, Klar will use Galileo’s software for its own products. Specifically, to develop its app and a secure credit card.

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