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.
*Based on Preferred Stock Price, Dwolla does not have a stock symbol since it is currently private and is yet to have an IPO.
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