August 21, 2017 4:34 AM ET


Company Overview of Ingo Money, Inc.

Company Overview

Ingo Money, Inc. provides a mobile check load application. Its mobile application enables users to load checks directly onto their participating Visa prepaid cards. The company also provides Dupex, a risk mitigation tool that enables small businesses or large enterprises to protect their business from duplicate check frauds; and Ingo Enterprise that enables banks and AFS companies to offer good funds across on channels, including branches, ATMs, and smartphones. It serves banks, non-bank financial services companies, AFS providers, consumers, and payment networks worldwide. The company enables users to download the Ingo Money application from the App store for iOS devices and Google Play sto...

623 Holcomb Bridge Road

Roswell, GA 30076

United States

Founded in 2001

94 Employees





Key Executives for Ingo Money, Inc.

Founder, Chief Executive Officer and Director
Age: 52
President and Chief Operating Officer
Age: 51
Chief Financial Officer, Principal Accounting Officer and Senior Vice President
Age: 59
Chief Information Officer and Senior Vice President
Age: 57
Chief Marketing Officer and Executive Vice President of Product Strategy
Compensation as of Fiscal Year 2017.

Ingo Money, Inc. Key Developments

Ingo Money Introduces Ingo® Instant Payments

Ingo Money introduced Ingo® Instant Payments, an API-based, turnkey push payments technology and services platform. The all-inclusive platform provides companies with a low-cost, instant and safe way to disburse funds to consumers and removes the friction associated with implementing push payments technology. The Ingo Instant Payments service is a bank sponsored, push payments processing platform and gateway, supporting transactions from origination through settlement across multiple payment networks via a single API. It provides businesses, banks and merchants with global reach to their customers' and employees' debit, prepaid and credit card accounts and mobile wallets in seconds through Visa Direct, other existing card network rails and proprietary direct integrations. Funds can be accessed immediately by the recipient to make purchases, pay bills or withdraw at an ATM. Ingo Money is extending the platform to offer white-label, consumer-facing notification services and UI components to further simplify and accelerate implementation for banks and businesses seeking an all-inclusive push payments service.

Ingo Money and MoneyGram Launch New Credit Card Payment Service

Ingo Money and MoneyGram announced an agreement to offer consumers a new service to make quick and convenient credit card payments through Ingo Money's platform at any one of MoneyGram's estimated 40,000 U.S. retail locations.

Ingo Money Names Jonathan Donahue as Executive Vice President Business Development

Ingo Money announced that Jonathan Donahue has joined the company as Executive Vice President of Business Development. Jonathan Donahue will help expand Ingo Money's leadership in the emerging Business-to-Person (B2P) push payments space while also championing its longstanding mobile check cashing and retail payments businesses. Jon joins Ingo with over 25 years of experience in building and growing companies in the banking and financial services industry. A majority of Jon's career was spent at GE Capital, where he worked in the Commercial Finance and GE Money consumer finance divisions. Most recently, he has held business development and client relationship leadership roles at Axiant, Genpact, Profit Insight and Sutherland Global Service.

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Recent Private Companies Transactions

Private Placement
June 5, 2017

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