Ingo provides a modular, API‑driven payments platform that consolidates instant payments, account funding, transfers, and payouts for banks, fintechs, and brands. The solution offers real‑time fund movement across multiple payment methods with built‑in AI fraud detection, compliance tools, and detailed reconciliation, reducing integration complexity and operational costs.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions, fintechs, and brands often face fragmented payment infrastructures that require multiple integrations, manual risk management, and complex compliance processes, leading to slow fund transfers, limited payment options, and high operational costs.
Solution
Ingo provides a modular, embedded banking platform that consolidates instant payments, account funding, transfers, and payouts into a single API-driven solution. The platform offers real-time fund movement with built‑in transactional risk underwriting, AI‑enhanced fraud detection, and zero‑fraud guarantees. It supports a wide range of payment methods—including debit/credit cards, ACH, RTP, prepaid cards, digital wallets, and even checks—allowing end‑users to receive money in their preferred format. Compliance features such as sanctions screening, velocity monitoring, and PCI‑DSS Level 1 certified data security are baked into the service, reducing the need for separate licensing and audit efforts. Clients can access detailed reconciliation, settlement reporting, and real‑time webhooks for analytics, while a cloud‑hosted immutable ledger ensures transaction fidelity and auditability.
Target Audience
Primary customers are banks, fintech platforms, payroll and gig‑marketplace operators, insurance carriers, and lenders that need to offer instant, multi‑method payments and fund transfers while minimizing fraud and compliance overhead.
Features
- Single‑integration API/flat‑file/iframe/SSO options for rapid onboarding across fintech, banking, payroll, gig‑marketplace, insurance, and lending use cases
- AI‑driven risk management with device fingerprinting, network‑wide fraud screening, and zero‑fraud guarantee protection
- Comprehensive regulatory compliance tools including sanctions screening, account‑level velocity controls, and PCI‑DSS Level 1 / SOC 1‑2 certifications
- Multi‑channel payout capabilities to bank accounts, prepaid cards, digital wallets (PayPal, Venmo), credit cards, and paper checks
- Proprietary least‑cost routing engine with automatic failover across redundant direct network connections
- Real‑time reconciliation, daily line‑item settlement reports, and webhook‑based status updates for operational transparency
- Immutable cloud ledger for secure, auditable transaction records and balance management