On 11.12.2024 SoFi opened a Swiss company called SoFi Tech Platform Switzerland GmbH
On 30.12.2024 they opened a U,S. company called Technology Platform USA LLC
The Swiss company is the parent company of Technology Platform USA LLC and of Technisys
The SoFi Swiss company director is Olivér Gábor Szatmári. He has a website for opening foreign companies in Switzerland and Hungary
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This is the Swiss company description translated to English:
>The company's purpose is to manage the intellectual property (IP) of its affiliated group companies, in particular the protection and monetization of these assets in various jurisdictions, ensuring compliance with regional and international IP laws, managing licensing and cross-border IP strategies, and monitoring and enforcing IP rights worldwide.
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>The company's responsibilities also include managing and supporting the research, development, and operational activities of its affiliated group of companies.
>The company may engage in all activities that are necessary, desirable, or conducive to achieving the aforementioned objectives.
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>The company may also enter into all transactions and agreements that directly or indirectly serve the company's purpose or are directly related to it.
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>The company may establish branches and subsidiaries in Switzerland and abroad and acquire interests in other companies.
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>The company may acquire, hold, mortgage, manage, and dispose of real estate in Switzerland (exclusively for commercial purposes) and abroad.
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>The company may grant loans or other financing to its direct or indirect parent companies and their or its own direct or indirect subsidiaries, and may provide all types of security for the liabilities of these companies, including by way of lien on or fiduciary transfer of the company's assets or by way of guarantees or personal securities of all types, whether for consideration or free of charge.
This is what AI had to say about it:
https://preview.redd.it/usloo19ljixe1.jpg?width=680&format=pjpg&auto=webp&s=042853da24f33978f5e502f372ed6a50b683be56
Another theory is that a big bank with branches also in Europe made a deal with SoFi to expand Galileo to Europe so they can use it also over there