Friday, July 23, 2021

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Dwolla: Raises $21M in Funding

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‚Äôs technology to program payments in real time, the same day or to a debit card
  • Customers include GOAT, Ibotta, and Rally among others

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