On June 15, 2015, Virtual Piggy Inc. announced the appointment of two banking industry veterans to its board of directors: Philip Manning and Dale Jensen. Mr. Manning has previously held senior positions as Managing Director, Global Cards Business Development for Citigroup and Director of Business Development for MBMA Europe. Mr. Jensen co-founded Information Technology Inc. and was a Vice President of the National Bank of Commerce.

On June 9, 2015, George O. McDaniel III and William Tobia each resigned from the board of directors of the company, effective immediately.