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ATX Venture Partners
Deposits Inc. CEO Joseph Akintolayo, left, and Ingo Payments CEO Drew Edwards [Sources: Deposits, Ingo, DI Studio]
Dallas-Based Deposits Inc. Snapped Up by Ingo Payments to Boost Modern Money Mobility for Banks and Brands
by Lance Murray | Sep 5, 2024
Ingo Payments’ acquisition of Deposits Inc. is set to fast-track the launch of its Modern Money Stack, a modular financial services platform designed to help banks, fintechs, and brands manage money flows, compliance, and risk in an evolving financial landscape.
by Kevin Cummings |
Sep 8, 2022
Two Dallas companies have been awarded $100,000 each by the Google for Startups Black Founders Fund, which aims to help close racial disparities in VC funding given to diverse founders. The startups will also receive Google Cloud credits and hands-on support from Google. They join several other North Texas companies that received earlier grants from the fund.
“Across the U.S., there are amazing Black startup founders who are building great companies yet are locked out of access to the funding that's critical to their success,” Google wrote in a blog post.
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by Kevin Cummings |
Aug 29, 2022
In this week’s North Texas deal flow, you’ll also find news about Biotech Renibus Therapeutics raising $8.48M to fight cardio-renal disease; Deposits raising $5M for its plug-and-play financial services platform; Lion Real Estate Group targeting multifamily properties in the Sun Belt with a $200M fund, and more.
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by Kevin Cummings |
Aug 24, 2022
Founded in 2019, Deposits offers a platform with plug-and-play banking features that enables smaller community banks, credit unions, and other financial brands to reach and serve more people—including the underbanked. The goal is to empower smaller financial organizations that have lacked the budgets or capabilities to deliver high-tech digital tools.
"Our platform opens the door for who can get in the game, so now all you need is a will and there's a way," co-founder and CEO Joseph Akintolayo told Dallas Innovates.
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