Joseph Akintolayo

Joseph Akintolayo is a serial entrepreneur and the Founder and CEO of Deposits, a Dallas-based embedded finance company.12 Here are some key details about him:

Professional Background

Joseph Akintolayo co-founded Deposits in 2019 alongside COO Daniel Paramo.2 The company provides a plug-and-play financial services platform that allows organizations like community banks, credit unions, and other financial brands to offer digital banking features to their customers.2

Entrepreneurial Focus

Akintolayo develops ethical products that address complex issues in Fintech, Government, and Social Enterprise.1 His goal with Deposits is to drive financial inclusivity by making digital financial solutions more accessible to historically underbanked populations.2

Industry Involvement

He serves as an advisor to the National Bankers Association and African American Credit Union Coalition on innovation.1 Akintolayo is also actively involved with notable finance, philanthropy, and entrepreneurship organizations, contributing to their growth and impact.1

Recent Developments

In 2022, Deposits raised $5 million in seed funding to expand its platform and add new services.2 More recently, in September 2024, Deposits was acquired by Ingo Payments, a move aimed at redefining money mobility for banks and corporates.4

Philosophy

Akintolayo believes that financial services have always been about trust and relationships, with technology becoming increasingly important in recent years.2 He aims to level the playing field in the financial industry by making it easier for organizations to offer modern financial features without requiring extensive technological expertise or large budgets.2

Joseph Akintolayo's LinkedIn username is josephakintolayo, as confirmed by the query.3