In 2020, Nicolas Burtey read about a town in El Salvador using Bitcoin as everyday money, traveled there, and built the community a mobile application: the Bitcoin Beach Wallet. People in El Zonte used it to hold and spend Bitcoin, and when El Salvador passed its Bitcoin Law the next year, use of the app spread across the country.

Operating that app for years taught the team more than any whitepaper could about running money software: money never stops moving, and the books have to balance anyway. The wallet became Blink, which continues today as its own business. Galoy took what it learned and turned to a harder problem: a core banking system for regulated institutions.

Today that system is one ledger holding dollars, euros, Bitcoin, and stablecoins in a single double-entry model, for banks new enough to choose their core instead of inheriting one.

We are fortunate in who backs us. Craft Ventures, Kingsway Capital, and Valor Equity Partners back companies that build serious B2B software for the long haul. Trammell Venture Partners, Fulgur Ventures, and Hivemind Ventures are among the most committed Bitcoin-focused investors anywhere. Our angels include Vijay Boyapati, Balaji Srinivasan, and Brad Mills.

Remote-first, across many time zones. Much of the work is public before it is finished: most of the code is open source, and so is the platform we use to run AI agents against our own banking codebase. A bank evaluating us can read the system.