Rapid Finance Taps SoFi, Galileo to Enable Rapid Access Mastercard for Small Business Financing [Yahoo! Finance]
SoFi Technologies, Inc. (SOFI)
Company Research
Source: Yahoo! Finance
business banking platform helping small businesses find customized financing solutions, in collaboration with Galileo Financial Technologies , a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced the launch of the Rapid Access Mastercard. Rapid Finance's Mastercard program is the first program sponsored by SoFi Bank, and managed by Galileo, giving eligible small business (SMB) customers quick and flexible access to their funds when they need it most. Small businesses serve as the backbone of the U.S. economy but finding avenues for reliable capital is often an obstacle to success. In fact, 77% of SMBs are concerned about their access to capital. The introduction of the Rapid Access prepaid commercial card addresses this issue by providing SMBs with a flexible payment option. Through this card program, Rapid Finance's SMB customers with a LOC in good standing can seamlessly and instantly access their funds to maintain their operation
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SOFI
News
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SOFI
Earnings
- 4/29/24 - Beat
SOFI
Sec Filings
- 4/29/24 - Form 8-K
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- SOFI's page on the SEC website