/PRNewswire/ Fortú, the Miami-based neobank that launched today to serve the needs of the Latino community, is built on the extensible payment processing.
Galileo Unveils Neobank Fortú to Serve the Latino Community
Galileo, the API standard for card issuing and digital banking, and a subsidiary of Social Finance, Inc. (SoFi), announced on Thursday the launch of
Fortú, a neobank serving the needs of the Latino community. According to Galileo, Fortú is focused on building culturally contextual financial services to meet the unique banking needs of Latinos and Hispanics in the U.S. The neobank is built on the payment processing platform provided by Galileo.
Galileo further revealed that Fortú was founded by Charles Yim, a former Amazon Web Services and Google executive, and Apolo Doca, who previously helped build Lemon Bank, an early Brazilian digital bank acquired by Banco do Brasil. Fortú has so far raised $5 million, spending the last year in stealth mode building its product. Fortú joins other industry-leading U.S. and LatAm fintech companies that use Galileo’s API-based platform.
Galileo Financial Technologies Powers Latino-Focused Fintech Fortú benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.