Mercato Partners Traverse Fund Portfolio Company, Galileo Financial Technologies, Acquired by SoFi for $1.2 Billion
Mercato Partners Traverse Fund (“Traverse”), announced that Social Finance (“SoFi”) has acquired one of its Growth Fund II portfolio companies, Galileo Financial Technologies (“Galileo”), a thriving API standard for card issuing programs and financial technology (“fintech”) innovation. SoFi, the digital personal finance company, confirmed the signing of its definitive agreement......
