Balam
Balam provides technology to banks and fintechs, enabling them to offer remittances that are 80% cheaper and 10X faster.
28 employees · est. 2020 · Mexico
Galileo Financial Technologies
Our powerful APIs and payments platform offer the easiest way to create sophisticated card-based and digital financial solutions
1039 employees · est. 2001 · Sandy, United States
Galileo Financial Technologies is the older company (2020 vs 2001); Galileo Financial Technologies is the larger of the two.
Side-by-Side Comparison
| Metric | Balam | Galileo Financial Technologies |
|---|---|---|
| Founded | ||
| Founded | 2020 | 2001 older |
| Headquarters | ||
| Headquarters | Mexico | Sandy, United States |
| Employees | ||
| Employees | 28 | 1039 larger |
| Industry | ||
| Industry | Crypto, Payments | Defi, Finance, Financial Services |
| Funding Stage | ||
| Funding Stage | Pre Seed | Acquired |
| Total Funding | ||
| Total Funding | $400.00K | $1.29B |
| Funding Rounds | ||
| Funding Rounds | 1 | 4 |
| Services | ||
| Services | information requests management, website development, email marketing | Digital Banking Solutions, Card Issuing and Management, Payment Hub and Processing, Credit and Lending Programs, Risk and Fraud Management |
| Target Customers | ||
| Target Customers | web users, businesses seeking online presence, individuals interested in location-specific services | Banks, Fintechs, Retail Brands, SMEs, Corporate Entities |
| Taxonomy | ||
| Taxonomy | Remittance Technology, Fintech API, Cross-Border Payments, Blockchain Integration, AI Integration, Financial Compliance, WhatsApp Payments, Instant Money Transfers, Cost-Effective Remittances, Fast Transaction Processing, Partnered Financial Licenses, Digital Financial Services, Payment Technology Platform | Financial Technology Platform, Payments Platform, Digital Financial Solutions, API Integration, Card Issuing, Digital Banking Solutions, Fintech Solutions, Payment Processing, Banking Infrastructure, Composability In Banking, Managed Financial Services, Real-Time Payment Solutions, Neobanking, Buy Now Pay Later Solutions |
| Website | ||
| Website | getbalam.com.mx | galileo-ft.com |
About Balam
Balam, founded in 2020 and headquartered in Mexico, is positioned at the intersection of Crypto and Payments industries. With its compelling slogan, "Balam provides technology to banks and fintechs, enabling them to offer remittances that are 80% cheaper and 10X faster," the company underscores a si...
About Galileo Financial Technologies
Galileo Financial Technologies, founded in 2001 and headquartered in the United States, stands out in the burgeoning fintech landscape. Renowned for its slogan, "Our powerful APIs and payments platform offer the easiest way to create sophisticated card-based and digital financial solutions", the com...
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Compiled from the BounceWatch company index. We last looked at Balam on 10 Sep 2025, and Galileo Financial Technologies on 12 Jan 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.