Social Finance, Inc.

SoFi will acquire Galileo. It will significantly affect the fintech industry as Galileo processes payments for many fintech companies.

Among the 10 biggest fintech companies in the U.S. in 2020, there are three firms that focus on crypto-related activity. They are Ripple, Coinbase and Robinhood.

Venture capital and private equity investment into the fintech sector of London and the UK in general has risen 38% year on year and reached $4.9 billion.