Galoy Description

Across the globe, various communities and institutions are embracing the adoption of Bitcoin and the Lightning network through Galoy, an innovative open-source banking platform. This approach not only fosters the development of Bitcoin banking solutions via self-hosted infrastructure but also offers a managed implementation known as "banking-as-a-service." By utilizing the same shared custody model and user-friendly Lightning wallet that empowered Bitcoin Beach to establish a thriving circular economy, anyone can launch their own Bitcoin community bank. The platform leverages established infrastructure to deliver modern financial services to anyone equipped with a mobile phone and internet access. This is why we create tools that allow organizations, regardless of their size or type, to set up their own Bitcoin-centric banking systems. The application simplifies transactions by facilitating payments through Bitcoin addresses, Lightning invoices, or unique usernames, while a transaction log keeps track of payment histories among users. Additionally, a mobile-optimized map showcases local businesses that welcome Lightning payments, enhancing the overall experience for users and merchants alike. By bridging technology and community needs, Galoy is paving the way for a new era of digital finance.

Pricing

Pricing Starts At:
Free
Free Version:
Yes

Integrations

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Company Details

Company:
Galoy
Year Founded:
2019
Headquarters:
United States
Website:
galoy.io

Media

Galoy Screenshot 1
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Product Details

Platforms
Web-Based
iPhone App
iPad App
Android App
Types of Training
Training Docs
Customer Support
Online Support

Galoy Features and Options

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