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Tuesday, August 04, 2026

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Galileo Deposit Sweep Product Amplifies Customer Interest Earnings and Extends FDIC Coverage

April 9 2025

Galileo Financial Technologies, SoFi Technologies, Inc.’s Technology Platform (NASDAQ: SOFI), today announced the launch of its Deposit Sweep product. This product enables fintechs to partner with a network of participating banks and a deposit sweep provider to offer their customers the opportunity to maximize interest earnings and extend FDIC insurance coverage.