US-based fintech firm Qube Money has forged a partnership with Galileo Financial Technologies to offer a new banking solution to its consumers.
The solution enables consumers to activate their money on a debit card before making each purchase to create financial awareness and intentional spending.
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the partnership is aimed at enable consumers to unlock their ability to spend and save purposefully via physical or virtual cards and cardless money movement.
Galileo said it APIs – the standard for card issuing and digital banking – combined with Qube Money’s technology will equip consumers with a smart banking solution with financial health at its core.
Galileo, by providing this solution, will act as the payment platform for the Utah-based fintech company’s customers.
Galileo CEO Clay Wilkes said: “It’s rewarding to put the power of the Galileo API-based platform to work to support another Utah-based fintech innovator.
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By GlobalData“We look forward to powering Qube as it rolls out its solution to help consumers budget and spend wisely.”
Qube co-founder Shane Walker said: “Galileo’s APIs deliver the speed and real-time decision-making necessary to support Qube Money’s technology.”
Qube added that it intends to create financial fulfillment for its customers by aligning their spending with their purpose for saving.
