Payments industry veteran Dickson Chu joined Ingo Money as the company's corporate development and chief product officer.
In this role, Chu will oversee the evolution of Ingo Money's product roadmap and user experience. Ingo Money, of Roswell, Ga., is a technology provider that helps banks and non-bank financial services companies facilitate the acceptance of consumer funds.
Chu, who has over 25 years of experience within the financial services technology and digital payments industry, will work in San Francisco with Lisa McFarland, executive vice president of product strategy and chief marketing officer at Ingo Money. This location will serve as Ingo's hub for corporate development, product development, customer experience and marketing functions.
"Ingo Money is poised to deliver on its mission to transform the payments industry and extend innovative account funding, money movement and payments capabilities for the benefit of all consumers and small business operators who need and value immediate and reliable access to their money," says Drew Edwards, founder and chief executive of Ingo Money, in a June 3 press release.
Most recently, Chu oversaw the merchant solutions division at LivingSocial. Prior to this position, he spent about two years at Citigroup as managing director of digital networks in the global enterprise payments business unit. At Citi, Chu helped launch the financial institution's Google Wallet participation.
Chu was also previously the head of PayPal's global products and experience division, where he led product strategy, development and user experience.
"Ingo represents the next evolution in financial services with its omni-channel, all digital approach to providing ubiquitous 'good funds' capabilities to consumers and financial services providers," Chu says in the release. "The company's mission to redefine how financial services are delivered to the mass consumer segment is reminiscent of the days at PayPal where we sought to enable small businesses to conduct business on the Internet with safe payment options at a fair price."