ATLANTA, Nov. 28, 2017 (GLOBE NEWSWIRE) -- Push payments pioneer and Atlanta FinTech leader Ingo Money officially opened its new headquarters here today. As one of the early architects of the burgeoning Instant Money Economy, Ingo Money is rapidly scaling to meet growing demand from banks and companies for its push payments technology.
“Ingo Money has enjoyed steady growth over the years as we helped lay the foundation for what would become the Instant Money Economy,” said Ingo Money CEO Drew Edwards. “Now, as individuals and companies have together embraced the need for real-time money, our team and space needs have skyrocketed. We are excited to expand our work here as part of Atlanta’s FinTech community.”
Ingo Money solutions allow companies of all types and sizes, including insurers, lenders, and banks, to deliver real-time funds directly to more than 4.5 billion consumer accounts. This capability realizes the promise of the Instant Money Economy, wherein people have real-time access to their owed funds and no longer have to wait on slow and outdated paper checks or direct deposit. To date, the company has funded over $13 billion in transactions from multiple use cases including cash, checks and digital disbursements.