About Ingo Money
Ingo Money is a Financial Services company based in Roswell (United States) founded in 2001 by Drew Edwards. Check processing company. Ingo Money has raised $32.31 million across 7 funding rounds from investors including MissionOG, Camden Partners and Clark Enterprises. The company has 384 employees. Ingo Money has completed 2 acquisitions, including Deposits and Fuze Network. Its chief executive, as recorded, is Drew Edwards. Its website ingomoney.com draws about 130 thousand monthly visits. Ingo Money offers products and services including INGO CHECK ALERT API, INGO CHECK PROTECT API, and INGO MOBILE CHECK CASHING SDK. Its focus areas include FinTech, Payments, Business Payments and E-Checks. Its legal entity is Ingo Money, Inc. Its competitors include Checkbook, AP Technology and Fin3 Technologies; 1 of its 3 listed competitors has raised funding.
Company details
Ingo Money facilitates check processing services for users. Once a user uploads the image of the check in the app, Ingo processes and approves the check and then transfers the money to the users Ingo affiliated pre-paid card. It provides facility to process the check in a span of minutes for a fee of 5 or in 10 days for free. The check size can be in the range of 5 to 2,500 with a limit on deposit of 10,000 per month. Ingo has tied up with First Century Bank which provides check funding services.
- Headquarters Roswell, United States
- Employees 384
- Founders Drew Edwards
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Website ingomoney.com
- Social LinkedIn X Facebook
- Legal Name Ingo Money, Inc.
Products & Services of Ingo Money
Ingo Money offers a comprehensive portfolio of products and services, including INGO CHECK ALERT API, INGO CHECK PROTECT API, and INGO MOBILE CHECK CASHING SDK.
API to detect fraud in check deposits using customer data.
Provides real-time risk scores for secure check processing.
SDK for embedding check cashing in business mobile apps.
Funding Insights of Ingo Money
Ingo Money has successfully raised a total of $32.31M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.95 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $32.31M
- Total Rounds 7
- Last Round Debt – Conventional — $2.95M
- First Round $8.4M
(Nov 2013)
- Investors Count 3
All 7 funding rounds of Ingo Money with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2018 | $2.95M | Debt – Conventional | – | – | – |
| Jun 2018 | $10M | Debt – Conventional | – | – | – |
| Jun 2017 | $7.03M | Series C | – | MissionOG, Camden Partners | – |
| Jul 2016 | $4M | Series B | – | – | – |
| Apr 2015 | $6.69M | Series B | – | – | – |
| Feb 2015 | $6.18M | Series B | – | – | – |
| Nov 2013 | $8.4M | Series A | – | Camden Partners |
3 investors in total: 3 institutional.
Investors in Ingo Money
Ingo Money has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include MissionOG, Camden Partners and Clark Enterprises.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth-stage US companies are invested in by MissionOG. | missionog.com | Philadelphia, United States | ||
Growth equity investments are made in lower middle market companies. | 1995 | camdenpartners.com | Owings Mills, United States | |
Wealth is managed for the Clark family by Clark Enterprises. | clarkenterprises.com | Bethesda, United States |
Investor details for Ingo Money
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Ingo Money
22 people are tracked at Ingo Money (13 in leadership, 9 in team); the tracked headcount is 384.
| Name | Role | Group |
|---|---|---|
Drew Edwards | Founder & CEO | Leadership |
Rusty Pickering | President & COO | Leadership |
Tate Bailey | VP, Sales | Leadership |
Shalini Chandrakanth | Vp, GTM | Leadership |
Sarah Higgins | Chief Marketing Officer | Leadership |
Laura Pearce | VP, Product Management | Leadership |
Steven Doctor | Evp, Chief Financial Officer | Leadership |
Lydia Inboden | Chief Sales Officer | Leadership |
Lisa McFarland | EVP & Chief Product Officer | Leadership |
Niharika Bandhakavi | VP, Decision Science | Leadership |
Crista Dracos | Chief Compliance Officer | Leadership |
Preston E. | Director Of Information Security And Technology Compliance | Leadership |
Anita Hayrapetian | VP Of Sales | Leadership |
Jon Gaskell | SVP, Strategic Partnerships | Team |
Jason Sperko | SVP, Software Engineering | Team |
Mark Turner | SVP, Technology Operations | Team |
Beth Fix | SVP, Client Services | Team |
Myla Irwin | SVP, Human Resources | Team |
Jay Collins | General Counsel | Team |
Will Simoneaux | SVP, Treasurer | Team |
2 more people are available in the full profile.
Complete people profiles for Ingo Money
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
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Investments & Acquisitions by Ingo Money
Ingo Money has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Deposits and Fuze Network.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Embedded banking infrastructure and payment solutions are provided for businesses. | deposits.inc | Dallas, United States | 2021 | Sep 2024 | •••• | |
Cash payment with payment processing | fuzenetwork.com | Salt Lake, United States | 2009 | Nov 2014 | •••• |
Complete acquisition details for Ingo Money
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Ingo Money
5 dated milestones of Ingo Money across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Ingo Money is founded.
- Funding First funding round of $8.4M.
- Acquisition Acquires Fuze Network.
- Funding Latest funding round, Debt – Conventional, of $3.0M.
- Acquisition Acquires Deposits.
Competitors of Ingo Money
Ingo Money has 3 listed competitors in our database, 1 of them funded. They include Checkbook, AP Technology and Fin3 Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| checkbook.io | 2015 | California, United States | $10M | Digital check solutions are provided for individuals and businesses. | ||
| aptechnology.com | 1989 | Carlsbad, United States | 28 | Enterprise payments processing software for checks,e-checks and ACH payments | ||
| fin3.tech | 2021 | New York, United States | Blockchain or web3 infrastructure and applications for financial services |
Detailed competitors of Ingo Money
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Ingo Money
The website of Ingo Money (ingomoney.com) receives about 130.3K visits a month and ranks #314,664 among all websites worldwide, #4,119 in Financial Planning and Management.
- Monthly visits130.3K
▼ 0.7% vs previous month
- Unique visitors85.6K
per month
- Global rank#314,664
among all websites
- Category rank#4,119
Finance · Financial Planning and Management
- Bounce rate61%
- Pages per visit2.0
- Average visit1 min 51 sec
- DevicesDesktop 7% · Mobile 93%
Websites whose visitors overlap most with Ingo Money. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| card.com | 100% | 258.7K | #174,187 | View details | |
prepaidcards.billsupport.com | prepaidcards.billsupport.com | 76% | – | ||
| kaiku.com | 75% | View details | |||
| accountnow.com | 75% | View details | |||
app.akimbocard.com | app.akimbocard.com | 75% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Ingo Money
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Ingo Money (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Ingo Money
Complete news archive for Ingo Money
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Frequently Asked Questions about Ingo Money
Ingo Money was founded in 2001 and raised its 1st funding round 12 years after it was founded.
Ingo Money is headquartered in Roswell, United States.
Drew Edwards is the CEO of Ingo Money, as recorded in our data. They have also founded this company.
Ingo Money is a funded company, having raised a total of $32.31M across 7 funding rounds to date. The company's 1st funding round was a Series A of $8.4M, raised on Nov 2013.
Ingo Money has 384 employees.
Ingo Money facilitates check processing services for users. Once a user uploads the image of the check in the app, Ingo processes and approves the check and then transfers the money to the users Ingo affiliated pre-paid card. It provides facility to process the check in a span of minutes for a fee of 5 or in 10 days for free. The check size can be in the range of 5 to 2,500 with a limit on deposit of 10,000 per month. Ingo has tied up with First Century Bank which provides check funding services.
Ingo Money's top competitors include Checkbook, AP Technology and Fin3 Technologies.
Ingo Money offers INGO CHECK ALERT API, INGO CHECK PROTECT API, and INGO MOBILE CHECK CASHING SDK.
Ingo Money has made 2 acquisitions, including Deposits, and Fuze Network.
Ingo Money has 3 investors. Key investors include MissionOG, Camden Partners, and Clark Enterprises.
Ingo Money operates through Ingo Money, Inc..
The website of Ingo Money receives about 130 thousand visits a month and ranks #314,664 among all websites worldwide.