• FOUNDING YEAR: 2001
    LOCATION:
    United States
    REGION:
    Georgia
    Last Update:
    9 Sep, 2019
    Phone:
    +1 678-736-7036

Description

FOCUS

PRODUCTS & SERVICES:
Ingo™ Network Solutions - operated in conjunction with First Century Bank, N.A., is a consumer-direct network accessible via mobile and retail channels. Ingo™ Enterprise Solutions - is an omni-channel commercial platform that enables independently licensed financial services firms to deliver immediate, non-provisional funding and payment services to their customers. Ingo Money’s aim is to empower people with real-time funds access and money movement capabilities on digital payment platforms to improve their financial health and lift them out of the cash economy.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail Consumers and Businesses
EXISTING PARTNERSHIPS:
Paypal - to instantly send the funds to multiple accounts via a smartphone, including PayPal accounts.
COMMENT
It has introduced a new check splitting feature that enables users to cash a check via a smartphone app and send the funds instantly to multiple accounts.

PEOPLE

FOUNDERS:
Drew Edwards
Board Members and Advisors:
Drew Edwards
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Camden Partners, CNF Investments, MissionOG

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$31.09 Millions
DATE OF LAST FUNDING:
Jun 2017
TOTAL FUNDING COMMENT:
Venture: $12 M (June 2017), Venture: $10.69 M(July 2016), Private Equity: $ 8.4 M(October 2013)

LATEST RESEARCH