Expense Management Firm Mesh Payments Selects SoFi as Sponsor Bank
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Mesh Payments has chosen SoFi Bank as its sponsor bank, continuing its partnership with SoFi Technologies-owned Galileo Financial Technologies for payments processing. This collaboration integrates Mesh Payments' infrastructure with SoFi's financial framework and Galileo's API-based platform.
December 12, 2024 | 7:00 pm
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SoFi Bank has been selected by Mesh Payments as its sponsor bank, enhancing its partnership with Galileo Financial Technologies for payments processing. This strengthens SoFi's position in the financial services sector.
The selection of SoFi Bank as the sponsor bank by Mesh Payments and the continued partnership with Galileo Financial Technologies, both under SoFi Technologies, is likely to enhance SoFi's service offerings and market position. This positive development could lead to a short-term increase in SoFi's stock price.
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