ATLANTA – Troutman Pepper client Deposits Inc., a provider of modern banking software tools and infrastructure, recently announced that it has been acquired by Ingo Payments, a trusted leader in account funding and disbursements solutions defined as Money Mobility. Read a company press release about the acquisition.
Deposits Inc. is a pioneering fintech company providing modern banking software and infrastructure. With a mission to democratize access to modern financial services, Deposits Inc. offers a suite of modular, API-driven solutions that enables banks and organizations of all sizes to rapidly build and deploy customized financial products and deliver exceptional financial experiences through its flexible, scalable technology platform. With its acquisition of Deposits, Ingo has created a modern, modular, bank-grade, end-to-end platform that connects money in and money out through its Modern Money Stack. This stack includes a processor-agnostic side core and the tools necessary for banks to confidently meet regulatory obligations, reduce third- and fourth-party risk, and offer modern financial services to their customers.
The Troutman Pepper team counseling Deposits Inc. included Brad Resweber and Cody Mathis.