EPISODE · Apr 13, 2020 · 9 MIN
SBA loans, SoFi and Galileo take center stage
from The Buzz · host Bank Innovation
One week after the Small Business Administration launched its Paycheck Protection Program, banks and fintechs alike are still navigating best practices to get funding into the hands of small business clients. As COVID-19 continues to rattle the economy, startups are launching new products and features to engage customers. The week’s news wasn’t confined to coronavirus-related coverage. On Tuesday, SoFi announced it was acquiring Galileo for $1.2 billion, a move that could turn some of SoFi’s competitors into clients.
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What this episode covers
The Bank Innovation team sits down and discusses major news from the past week and what to look for in the week ahead.
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SBA loans, SoFi and Galileo take center stage
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