Case Study: Interactive Brokers boosts client stickiness with Galileo Securities Solution

Interactive Brokers - Customer Case Study

Interactive Brokers, a major online brokerage, wanted to enhance client loyalty by providing direct card-based access to their investment accounts for spending and low-cost borrowing. They were stymied by the difficulty of integrating securities with payments and needed a flexible technology partner, leading them to approach vendor Galileo Financial Technologies for a solution.

Galileo implemented its robust APIs and processing services to build the Interactive Brokers Debit Mastercard. This solution allowed clients to seamlessly spend cash balances and borrow against their investments at low rates, keeping assets fully invested. The successful launch contributed to Interactive Brokers being ranked the top online broker, and the card has seen steady growth in adoption since its introduction.

Interactive Brokers

Steve Sanders

EVP of Marketing & Product Development