Company Information

Get to know Galoy

Galoy develops open-source Bitcoin and Lightning Network banking software designed to enable any organization to launch its own Bitcoin-native financial services. Their core mission is to bring Bitcoin to the next billion people by providing the tools for communities to create localized, circular economies. The company is known for powering the Bitcoin Beach Wallet in El Salvador, a key project demonstrating the real-world application of their technology. Galoy's platform includes a backend API, a mobile wallet, and administrative tools for managing users and liquidity.

Industry

Technology Software DevelopmentPRIMARY
Financial Banking
Financial Payment

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Galoy

United States

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.