Ingo Further Expands Executive Team as Part of Its Growth Plans

  Ingo Further Expands Executive Team as Part of Its Growth Plans

  New CIO Joins Ingo and Existing CIO Assumes a New Technical Advisory Role

Business Wire

ATLANTA -- January 13, 2014

Ingo Money (“INGO®”), the leading innovator in risk management solutions
enabling Good Funds in minutes, announces Matt Rosenburg as its newest CIO.
The change comes as part of an ongoing series of additions to management at
Ingo as the company takes on institutional equity and launches its prepaid
remote deposit capture network nationally. Former CIO, Darryl Storey, will
remain with the company in a significant technical advisory role.

Previously with Green Dot Corporation, Rosenburg oversaw Information Security
and Technology Operations functions and also worked for Will Sowell, president
and COO, Ingo. In addition, Rosenburg has held positions with East West
Bancorp, OneWest Bank (formerly Indymac Bank) and Donaldson, Lufkin and

“We are focused on expanding our management resources rapidly and
significantly to keep up with accelerating demand for our solutions in the
marketplace,” said Drew Edwards, founder and CEO, Ingo Money. “We needed
Darryl in a new role to help us deal with escalating demand and complexities
that go with large bank clients and we needed Matt’s background and experience
to help get us to the next stage of our growth trajectory.”

Storey, who has been with the company for nearly 13 years, began his career in
the U.S. Air Force, where he served for more than two decades. As a technology
expert, he holds an associate degree in Advanced Electronic Theory and Design,
a bachelor’s degree in Information Systems and a master’s degree in
Information Technology.

About Ingo Money

Ingo Money, Inc® (formerly Chexar Networks, Inc.) has provided financial
services to hard working individuals in the U.S. for 12 years. Ingo Money’s
solutions enable consumers to convert any check into Good Funds defined as
money that is safe to spend because it doesn’t carry the risk of reversal. We
believe that the population needs Good Funds solutions that give them easy and
affordable control over their money.

The company’s solutions include a consumer direct remote deposit capture
network Branded Ingo® delivered on smartphones and a white label commercial
solution branded Ingo Enterprise® that powers banks and AFS companies to offer
Good Funds across all of their channels including branch, ATM and smartphones.
Today consumers access Good Funds from thousands of bank and AFS locations,
ATMs, Kiosks, and mobile devices around the nation.

Ingo Money is located in Georgia where it operates a data center, and two risk
management centers employing almost 150 professionals. Ingo Money’s clients
include some of the largest banks, AFS providers and payment networks in the

Learn more at or contact Chez Echeverri at


For Ingo Money
Michael Touchton, 678-781-7215
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