What Ingo Money does

Ingo Money, Inc. (operating as Ingo Payments) is a Roswell, Georgia-based B2B payments infrastructure provider founded in 1999, serving financial institutions, fintechs, and enterprise brands across nine verticals including banking, insurance, lending, payroll, gaming, hospitality, trucking, and real estate. The company delivers its offering through the Modern Money Stack, a modular platform combining a bank-grade immutable cloud ledger, configurable compliance automation, network-direct payment orchestration with least-cost routing, integrated transactional risk management with zero-fraud-liability, and AI-enhanced capabilities spanning fraud detection, workflow automation, routing optimization, and customer service NLP.

The platform exposes four primary product surfaces: Account Funding & Transfers (instant consumer funding, outbound transfers, P2P), Digital Disbursements (real-time B2C payouts), Payment Acceptance (card and bank-account acceptance with built-in risk checks and dispute automation), and Check Risk Management Services. Underlying components are delivered via API-first architecture with a Developer Center for integration, or as embedded/hosted customer experience platforms. The August 2024 acquisition of Deposits Inc. extended the platform into banking-software tooling for compliance, risk, and customer relationship features.

Revenue is generated on a transaction-fee basis for payment infrastructure services; pricing is not publicly disclosed and follows an enterprise B2B sales motion with direct field sales and expert consultation. The company employs approximately 240 people and serves enterprise customers including GEICO, ADP, ACI Worldwide, American Express, Regions Bank, Republic Bank, Sunrise Banks, Green Dot, OneMain Financial, Triumph Pay, Populus Financial, and Self Financial. Leadership includes CEO Drew Edwards, President & COO Rusty Pickering, CFO Steven Doctor, Chief Risk Officer Bill Roese, CMO Bill Zielke, and EVP & CPO Lisa McFarland.

Name

Ingo Money

Legal name

Ingo Money, Inc.

Website

https://payments.ingomoney.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

Ingo Money is a Roswell, Georgia-based B2B payments infrastructure provider, founded in 1999, delivering account funding, digital disbursements, payment acceptance, and risk management via its Modern Money Stack platform to financial institutions, fintechs, and enterprise brands across nine verticals.

Ownership category

akta.pro rank

Product category

Payment Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)

Keywords

• Payment infrastructure
• Embedded banking
• Digital disbursements
• Risk management services
• Money movement platform

Headquarters

HQ city

Roswell

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Payment Infrastructure Services: Transaction-based revenue from providing payment infrastructure including account funding, transfers, disbursements, and payment acceptance services. The modular platform enables banks, fintechs, and brands to process payments with built-in risk checks and compliance features.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Ingo Money (operating as Ingo Payments) provides a modular, API-first payment infrastructure platform—the Modern Money Stack—that enables banks, fintechs, and brands to deliver instant payments, account funding, transfers, digital disbursements, and payment acceptance. The platform is built on a bank-grade immutable cloud ledger and integrates compliance automation, AI-enhanced risk management, and network-direct payment orchestration as core capabilities.

Product overview

Ingo Money offers a unified platform architecture called the Modern Money Stack, which integrates multiple payment capabilities into a modular infrastructure. The core products include Account Funding & Transfers (instant consumer account funding and P2P), Digital Disbursements (real-time payouts), Payment Acceptance (card and bank payments), and Check Risk Management Services. These are powered by underlying platform components including a Bank-Grade Cloud Ledger, Compliance Automation engine, Payments Orchestration, and AI-enhanced technology. The company also acquired Deposits Inc. in August 2024 to expand its banking software capabilities. The platform targets financial institutions, fintechs, and brands across industries including gaming, hospitality, insurance, lending, and trucking.

Differentiator

Problem solved

Functional benefit

Products and services

• Modern Money Stack A modular financial infrastructure platform for banks, fintechs, and brands that unifies compliance automation, risk management, payments orchestration, and cloud ledger technology to enable instant money flows and customer relationships.
• Account Funding & Transfers Instant consumer account funding, outbound transfers, and pay-anyone P2P functionality that lets financial institutions grow deposits and enhance account utility.
• Digital Disbursements Real-time digital disbursements that deliver B2C payouts to any account recipients choose, supporting use cases such as claims, gratuities, gig wages, and refunds across industries.
• Payment Acceptance Acceptance of debit card, credit card, and bank account payments with built-in risk checks, dispute automation, and operational management tooling.
• Check Risk Management Services Comprehensive fraud screening, account verification, risk underwriting, and zero fraud liability solutions that protect businesses and customers processing check-based and digital payments.

Named customers11 records

Segments9 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature7 records

Partnerships

One partnership is on record.

• Deposits Inc.coreStrategic or Co-development Partner · 30 August 2024Acquisition of Deposits Inc., a banking software provider, on August 30, 2024. This acquisition enhances Ingo's Modern Money Stack platform aimed at modernizing banking infrastructure by integrating Deposits Inc.'s innovative tools for compliance, risk management, and customer relationship features within a modular platform.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Dwolla: Dwolla is a push-payment / A2A disbursement and account-funding API platform serving fintechs, lenders, and marketplaces. Directly comparable to Ingo Money's Account Funding & Transfers and Digital Disbursements offerings for B2B embedded payments.
• Modern Treasury: Modern Treasury provides payment operations infrastructure (initiation, reconciliation, ledgers) for platforms and fintechs. Highly comparable to Ingo's Modern Money Stack on ledgering, orchestration, and bank-payment workflows, though Modern Treasury leans more developer/platform.
• Synctera: Synctera offers embedded banking infrastructure combining compliance, ledgering, and card/payments enablement for fintechs partnering with sponsor banks. Overlaps with Ingo's Modern Money Stack post-Deposits Inc. acquisition in serving FI/fintech with full-stack banking tools.
• Treasury Prime: Treasury Prime provides embedded banking and payments APIs connecting fintechs to sponsor banks, including disbursements and account services. Directly comparable to Ingo's bank-rail-focused disbursement and compliance automation capabilities.
• Unit: Unit is an embedded banking platform offering accounts, payments, lending, and compliance APIs for fintechs and brands. Comparable to Ingo in targeting fintechs/brands with banking-as-a-service and embedded disbursement infrastructure.
• Galileo Financial Technologies: Galileo (a SoFi company) provides payment processing infrastructure, card issuing, and account servicing APIs. Comparable to Ingo's Payment Acceptance and account-funding infrastructure for digital wallets and embedded finance use cases.
• Marqeta: Marqeta provides card issuing and payment processing infrastructure via APIs, with modern ledger and risk controls. Comparable to Ingo's Payment Acceptance and risk-management offerings, though Marqeta is card-centric rather than push-payment-centric.

Broad incumbents

• Stripe: Stripe's Connect and Treasury products cover payouts, account funding, and embedded finance for platforms at massive scale. A broad incumbent whose embedded-payments and treasury features overlap with Ingo's Modern Money Stack, with vastly greater developer mindshare and capital.
• ACI Worldwide: ACI Worldwide is a large incumbent in real-time payments, bill payment, and disbursements for banks and billers (and an Ingo customer/partner). Overlaps with Ingo's Digital Disbursements use case for biller disbursements but operates as a broader enterprise software vendor.
• Plaid: Plaid provides open-banking connectivity, account verification, and increasingly payment-orchestration infrastructure. Comparable to Ingo in account verification, A2A connectivity, and risk/identity data used to underpin disbursement flows, though Plaid is much broader.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/IngoCares
• LinkedInlinkedin.com/company/ingopayments
• Facebookfacebook.com/ingomoney

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ingo Money