Galileo vs Mbanq Cloud
Galileo
tech.sofi.com
Mbanq Cloud
mbanq.comSide by side
| Figure | Galileo | Mbanq Cloud |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Banking-as-a-Service Platforms | 7.4 (#20) | 8.5 (#3) |
| Headquarters | Salt Lake City, Utah, United States | LinkedIn lists headquarters in Naples, Florida, at 4850 Tamiami Trail North, Unit 301. |
| Integrations | The company says its partner ecosystem connects clients with more than 50 payment partners, networks, embossers, and banks. | Mbanq says it partnered with IBM and Amazon Web Services through its Mbanq Labs accelerator program. |
| Security | The company states that it is PCI-DSS certified and provides AOC documentation. | The platform lists multi-factor authentication, maker/checker workflows, configurable password policies, and granular roles and permissions. |
| What it does | SoFi Tech Solutions provides APIs and a platform for banks, fintechs, and brands to build, launch, and scale financial products. | Mbanq Cloud is a cloud banking-as-a-service platform for fintechs, neobanks, challenger banks and credit unions. |
Plans
In their own words
Mbanq Cloud
Mbanq Cloud is banking infrastructure for fintech platforms, neobanks, embedded finance products, and software platforms adding financial services. It brings together core banking, regulatory compliance, and operational management, while Mbanq operates the infrastructure and manages the compliance layer alongside a client’s product. Operations and compliance teams have a web Back Office; IT users have a web Console, and bank clients can use a template web banking application. White label-ready mobile banking apps are available for iOS and Android. REST and GraphQL APIs provide access to core banking functions, and users can add third-party services or build extensions. Listed payment rails include ACH, Fedwire, SWIFT, RTP, Check 21 processing, and card issuing and acquiring. KYC and KYB tools cover risk assessment, SSN verification, OFAC screening, document checks, and liveness checks. Security measures include multi-factor authentication, maker/checker workflows, configurable password policies, and granular permissions. Pricing is pay as you grow, with infrastructure, support, and operational costs included; no price is listed.