Dwolla Stock
API solutions for bank transfers and payments
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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, Stripe, Magic Leap, Anduril Industries, Rappi, CoinSwitch Kuber
Thrive Capital
Instacart, Stripe, Compass, Airtable, Opendoor, Nubank, Slack, Oscar Health, Unity Technologies, Cityblock Health
Union Square Ventures
Coinbase, Upgrade, MongoDB, C2FO, Stash Financial, 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
clayandmilk - Nov, 29 2018
Dwolla announces Monetery 2019prnewswire - Oct, 1 2018
Thor Introduces Odin™ 1099 Contractor Management Portal and Announces Partnership With DwollaFinextra - Sep, 13 2018
Dwolla sunsets Transfer; pivots to white label APIthetechtribune - Jul, 9 2018
10 Best Tech Startups in Iowaclayandmilk - Mar, 20 2018
Monetery: Growing the Midwest startup ecosystemDesMoinesRegister.com - Mar, 1 2018
Dwolla to host event on funding startup businesses in the Midwestclayandmilk - Feb, 23 2018
Middle Bit: Dwolla announces Monetery; EntreFest announces keynote speakerDesMoinesRegister.com - Feb, 13 2018
Dwolla secures $12 million round of funding, will nearly double workforcebankinnovation.net - Feb, 13 2018
Payment Processor YapStone Raises $71 Million, While Competitor Dwolla Pulls In $12 Millionclayandmilk - Feb, 12 2018
Dwolla announces $12 million investmentPR Newswire (press release) - Apr, 25 2017
Plaid & Dwolla Announce New Partnership to Offer Fully Tokenized ACH Payment IntegrationEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
Some data provided by Crunchbase
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