# Galileo Processing

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/galileo-processing

- Industry: Financial Services
- Headquarters: Salt Lake City, US
- Website: www.galileoprocessing.com
- Latest round: Series A (May 2, 2014)
- Investors on record: 1

## About

Galileo Processing delivers innovative payment processing and financial technology solutions designed to enable efficient transactions across various industries, enhancing compliance and risk management for its diverse clientele.Founded in 2000 and headquartered in Salt Lake City, US, Galileo Processing specializes in payment processing solutions. The company raised Series A funding from Mercato Partners on May 2, 2014, and currently has a valuation of USD 89.87 mn. The CEO, Derek White, leads the company in its mission to empower fintech firms and e-commerce platforms through reliable payment infrastructure.Galileo Processing specializes in providing payment processing solutions and financial technology services that facilitate seamless transactions for businesses. Their core offerings include transaction processing, risk management, and compliance services tailored to meet the needs of fintech firms, e-commerce platforms, and other businesses requiring reliable payment infrastructure. Their solutions allow clients to efficiently manage payment flows, enhance security measures, and optimize user experience, catering to a diverse customer base across North America and Europe.Galileo Processing's revenue model is structured around B2B transactions, partnering with fintech businesses and other service providers to deliver payment processing services. The company operates on a subscription-based model, where clients pay for access based on their usage levels, including transaction volumes and additional charges for premium features such as advanced fraud detection and analytics. Various service tiers allow clients to select plans that best fit their needs, with flagship services like their transaction processing platform being integral to their revenue generation.In light of the recent Series A funding raised from Mercato Partners, Galileo Processing plans to focus on expanding its product offerings and enhancing its technology. The company is actively designing new services to launch by the end of 2025, targeting expansion into new markets, particularly in Europe and Asia, by 2026. This funding will support the development of innovative solutions and facilitate entry into these strategic regions, enabling further growth in its client base.

## Funding rounds

- Series A, May 2, 2014 — Mercato

## Investors

- Mercato (https://capitalatlas.ai/funds/mercato) — Series A