Btw, do you know what is Galileos recurring revenue model? I am assuming there is rate-limit based flat fee for APIs but I am just guessing. My theory is that they earn interchange fees only if they are the issuing bank as well.
Great read Vadim. Trying to do a deep dive on their Tech Platform, following Galileos podcast. Really curious how they are penetrating the old core market. So far, what I get is that they are using side-car new cores and developing small features for banks that they sign up with. All is still wet cement. Going through their API documentation this week.
Thanks for covering this. I heard it mentioned, but that's about it.
Btw, do you know what is Galileos recurring revenue model? I am assuming there is rate-limit based flat fee for APIs but I am just guessing. My theory is that they earn interchange fees only if they are the issuing bank as well.
Great read Vadim. Trying to do a deep dive on their Tech Platform, following Galileos podcast. Really curious how they are penetrating the old core market. So far, what I get is that they are using side-car new cores and developing small features for banks that they sign up with. All is still wet cement. Going through their API documentation this week.