Dwolla Raises $21M in Funding
- Dwolla, a Des Moines, Iowa-based modern payments platform provider, raised $21m in funding
- The company intends to use the funds to conduct growth initiatives with international payments, expansive partner relationships through a partner API
- The company provides organizations with a platform and low-code API that simplifies the process of integrating with the various payment networks
- The funding follows most recent product expansions, offering innovative solutions such as Real-Time Payments, Push-to-Debit and low-code Drop-in Components
- Since 2016, businesses have white-labeled the company’s technology to program payments in real time, the same day or to a debit card
- Customers include GOAT, Ibotta, and Rally among others
