SoFi Technology Solutions vs i2c: Features, Coverage and Pricing Compared (2026)
Updated November 10, 2026 · Reviewed by Benjamin Margolis
SoFi Technology Solutions, formerly Galileo, and i2c are two of the longest-running card processors in the United States, started in 2000 and 2001. Both process credit, debit, and prepaid cards and offer digital banking software. SoFi owns the first, while i2c is still run by its founder, Amir Wain.
Our analysts compared the two on November 10, 2026, using each company's own product, pricing, and company pages and our full reviews of SoFi Technology Solutions and i2c.
Choose SoFi Technology Solutions if
- you want a processor with 140.4 million accounts and a long US record
- you also want a digital banking core through Technisys
- you run programs in the US or Latin America
Choose i2c if
- you want an independent, founder-led processor
- you run programs across many countries, with more than 216 markets supported
- you are a bank or credit union modernizing its card stack
SoFi Technology Solutions scores 76 and i2c scores 75 in our ratings. Both are proven processors. SoFi Technology Solutions has more published scale, and i2c offers independence and wider country coverage.
Key Features Compared
SoFi Technology Solutions vs i2c at a Glance, November 2026
| Feature |  SoFi Technology Solutions |  i2c |
|---|---|---|
| Ratings | ||
| Fintech Index score | 76 / 100Higher score | 75 / 100 |
| Overview | ||
| What it is | Card issuing, account processing, and digital banking software owned by SoFi, formerly Galileo | Founder-led banking and payments platform for credit, debit, and prepaid processing and digital banking |
| Who uses it | Fintechs, banks, and consumer brands | Banks, credit unions, fintechs, and brands; past clients include First Abu Dhabi Bank, CIBC, Comerica, and Australia Post |
| Main products | Debit, prepaid, and credit card processing, account processing, and the Technisys digital banking core | Credit, debit, and prepaid processing, core banking, and money movement on the PowerOne platform |
| Where it operates | Clients in 14 countries, mainly the US and Latin America | More than 216 marketsMore markets |
| Pricing | ||
| How pricing works | Contract pricing with no public rate card | Processing agreements negotiated per client |
| Published prices | Quote only | Quote only |
| Technology and compliance | ||
| Licenses and regulation | Part of SoFi Bank's group, with bank-grade oversight; regulated card programs since 2000 | Processor for regulated issuers, with security controls expected by large banks |
| Developer tools | Card, account, and payment APIs, plus the Technisys banking core | Building-block configuration and APIs; integration run as an enterprise project |
| Integrations and partners | Sponsor banks and card networks; partner list varies by program | Major card networks and partners such as Crypto.com |
| Onboarding and support | API build run with its team | Implementation and support teams in the US and Lahore, Pakistan; 99.999% availability |
| Company | ||
| Founded | 2000, as Galileo | 2001 |
| Headquarters | Salt Lake City, Utah | Redwood City, California |
| Ownership | Subsidiary of SoFi (Nasdaq: SOFI) | Private, founder-ledIndependent |
| Funding | Bought by SoFi for ~$1.2B in 2020 | No venture rounds disclosed |
| Key leader | Kathleen Pierce-Gilmore | Amir Wain |
| Scale | 140.4 million accounts for more than 100 partners; Q3 2026 revenue of $87.4M, down 24%More published scale | Client renewals and expansions up 42% over two years |
Fintech Index Scores Compared
We rate every company on eight criteria from 0 to 100, four tied to what buyers in its sector need and four shared by every company, and the rating is their average. SoFi Technology Solutions scores 76 and i2c scores 75.
Criterion Scores Out of 100
Key Differences Between SoFi Technology Solutions and i2c
Ownership
SoFi bought Galileo for ~$1.2B in 2020, and it now trades as SoFi Technology Solutions under SoFi Bank's group. That brings bank-grade oversight, but some fintechs prefer not to run cards on a platform owned by a consumer bank that competes with them. i2c is private and founder-led, with no venture rounds disclosed.
Scale and Recent Results
SoFi Technology Solutions processed 140.4 million accounts for more than 100 partners in 14 countries at the end of September 2026. Its third-quarter revenue fell 24% to $87.4M after a large client left. i2c does not publish account counts, but says client renewals and expansions rose 42% over two years.
Platform
Both cover credit, debit, and prepaid processing with banking software alongside. SoFi Technology Solutions adds the Technisys digital banking core. i2c runs everything on its PowerOne platform with 99.999% availability, and Kathleen Pierce-Gilmore leads SoFi Technology Solutions as president.
Pros and Cons
SoFi Technology Solutions
Pros
- Long processing record since 2000
- Card processing and a digital banking core under one owner
- Bank-grade oversight as part of SoFi
- 140.4 million accounts processed
Cons
- No self-serve pricing
- Owned by a consumer bank that may compete with clients
- Revenue fell 24% in Q3 2026 after a large client left
i2c
Pros
- Credit, debit, prepaid, and core banking on one platform
- Programs in more than 216 markets
- 99.999% availability
- 25 years of founder-led operation
Cons
- No self-serve onboarding or posted prices
- Enterprise-style integration
- Fewer public scale figures than public rivals
Who Each Is Best For
SoFi Technology Solutions
A US or Latin American fintech, bank, or brand that wants card issuing, account processing, and a banking core from a processor with a long record.
i2c
A bank, credit union, or large fintech that wants credit, debit, prepaid, and digital banking on one configurable processing platform.
Alternatives to SoFi Technology Solutions and i2c
These companies, all reviewed and rated on The Fintech Index, cover some of the same ground as SoFi Technology Solutions and i2c.
Other Card Issuing and Processing Companies
| Company | Score | Best for | Comparisons |
|---|---|---|---|
| Marqeta | 74 | Scaled card programs that want fine control over each payment | Marqeta vs SoFi Technology Solutions |
| Thredd | 74 | Card programs in the UK, Europe, and Asia-Pacific | None yet |
| Lithic | 79 | US card programs that want strong APIs and quick launches | None yet |
| Highnote | 77 | US platforms that want issuing and acquiring on one ledger | None yet |
| Paymentology | 76 | Multi-country card programs in emerging markets | None yet |
| Episode Six | 73 | Banks and brands that need multi-currency wallets and their own ledger | i2c vs Episode Six |
Frequently Asked Questions
Is SoFi Technology Solutions the same as Galileo?
Yes. SoFi bought Galileo in 2020 and later renamed it SoFi Technology Solutions. Its site is still galileo-ft.com.
Which covers more countries?
i2c says it supports programs in more than 216 markets. SoFi Technology Solutions serves clients in 14 countries.
Do they publish prices?
No. Both price by contract or quote.
Sources
- The Fintech Index analysis of SoFi Technology Solutions and i2c, conducted November 2026 (As of November 10, 2026)
- SoFi Technology Solutions, company site: https://www.galileo-ft.com/ (As of November 10, 2026)
- SoFi, third-quarter 2026 results: https://investors.sofi.com/news/news-details/2026/SoFi-Reports-Third-Quarter-2026-with-Record-Net-Revenue-of-1-4-Billion-Net-Income-of-241-Million-and (As of November 10, 2026)
- TechCrunch, SoFi acquires Galileo, April 7, 2020: https://techcrunch.com/2020/04/07/another-major-fintech-exit-as-sofi-acquires-banking-and-payments-platform-galileo-for-1-2b/ (As of November 10, 2026)
- i2c, about page: https://www.i2cinc.com/about-us/ (As of November 10, 2026)
- i2c, leadership: https://www.i2cinc.com/meet-our-leaders/ (As of November 10, 2026)
- i2c, modernization momentum announcement: https://www.i2cinc.com/i2c-banking-payments-modernization-momentum/ (As of November 10, 2026)