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Dwolla Stock
API solutions for bank transfers and payments
About Dwolla Stock
Dwolla develops API solutions intended to facilitate bank transfers, managing users and verifying bank accounts. Dwolla acts as an intermediary between a customer's front end interface and the ACH network. It allows users to connect and verify their identify within a customer's application, add and verify bank accounts, and initiate payments. The Dwolla API allows users and businesses to send, receive, facilitate and perform "me to me transactions." In addition to the API, Dwolla maintains a dashboard to manage customers, view transactions and extrapolate business trends.
Dwolla was founded in 2008 and is based in Des Moines, Iowa.
Source: Dwolla; Crunchbase
Investors
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Magic Leap, Stripe, Rappi, CoinSwitch Kuber, Devoted Health
Thrive Capital
Instacart, Stripe, Compass, Airtable, Opendoor, Nubank, Slack, Oscar Health, Unity Technologies, Cityblock Health
Union Square Ventures
Coinbase, Upgrade, MongoDB, C2FO, Stash, Twilio, Funding Circle, Etsy, CloudFlare, Lending Club
Funding History
| September 2016 | $11.0M |
|---|---|
| February 2018 | $12.0M |
Management
Founder & CEO
Ben Milne
Board Member (Andreessen Horowitz)
Scott Weiss
Press
Finextra - Sep, 13 2018
DesMoinesRegister.com - Mar, 1 2018
DesMoinesRegister.com - Feb, 13 2018
bankinnovation.net - Feb, 13 2018
PR Newswire (press release) - Apr, 25 2017
clayandmilk - Nov, 29 2018
prnewswire - Oct, 1 2018
thetechtribune - Jul, 9 2018
clayandmilk - Mar, 20 2018
clayandmilk - Feb, 23 2018
clayandmilk - Feb, 12 2018
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Some data provided by Crunchbase
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