Galoy, founded in 2019, is pioneering the development of banking software for the Bitcoin Age. Based in the United States, the company operates within the E-Commerce, Financial Services, Payments, and Banking industries, addressing the growing demand for Bitcoin-related financial solutions.
Galoy’s suite of cloud-native products is designed to expedite market entry for banks, fintechs, and startups, offering innovative services such as Bitcoin-backed lending, deposit accounts, and both on-chain and Lightning payments. Their latest offering, Lana, is a Bitcoin loan platform positioned to meet the increasing demand for digital asset-collateralized loans, built with scalability and reliability in mind for large-scale organizations. Galoy is also certified to the ISO27001 standard for information security.
The company's most recent funding round was a $4.00M Seed Round on 03 August 2022, with participation from notable investors like Valor Equity Partners, AlphaPoint, Concentric Partners, Kingsway Capital, Timechain, Lightning⚡️Ventures, and Hivemind Capital Partners.