Breakout Company Ingo Money Closes Fuze Buy (March 30, 2015)
Ingo Money’s purchase of Fuze Network Inc.—a payments technology provider enabling loads to more than 1 billion payment cards at thousands of retail networks—closed last month. Once fully integrated, the combined platform will enable users to push funds (cash, checks or cards) to almost any debit, credit or prepaid account, according to the company.
Combined with Ingo’s mobile deposit capture capability, the ability to pay an account with cash while in-store enables Ingo’s bank, card issuer and retailer clients to support multiple customer needs via a single vendor relationship, the company said. Ingo Money was named a Breakout Company of the Year in the 2015 Paybefore Awards and CEO Drew Edwards was one of 6 Payments Visionaries profiled in Pay Magazine.
See related stories: