Dwolla

Acquired

Dwolla is a fintech company in Des Moines, United States, founded in 2008. It has raised $54.5M across 4 rounds, most recently a $21.0M Venture Round in July 2021.

Bank Payment Infrastructure for Platforms

Headquarters
Des Moines, Iowa
Employees
51–200
Founded
2008
Business Model
B2B
Website
dwolla.com
Total Funding
$54.5M
Last Round
$21.0M Venture RoundJul 2021
Rounds
4
Acquisition Date
May 2026

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 4 funding rounds and 5 investors for this company. The full record is or through the API.

About

Dwolla is a bank payment infrastructure company founded in 2008 and headquartered in Des Moines, Iowa. The company provides a modern API platform that enables businesses to access and orchestrate account-to-account (A2A) payment rails including the RTP Network, FedNow Service, Same Day ACH, and Standard ACH from a single integration. Dwolla serves businesses ranging from startups to Fortune 500 companies across industries including insurance, real estate, lending, healthcare, and manufacturing, powering disbursements, B2B payments, payouts, and digital wallet load/unload operations. With over 16 years of payments expertise and more than 126 million annual transactions processed, Dwolla combines embedded open banking services — including instant account verification, balance checks, and fraud controls — with tokenization and a sandbox environment to help platforms build scalable, reliable money movement capabilities.

Summary

It lists 51–200 employees. It has raised $54.5M in total across 4 rounds, most recently a $21.0M Venture Round in Jul 2021. Investors include Andreessen Horowitz, Artists & Instigators and Next Level Ventures.

Tech & App Stack

5 technologies & apps tracked

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Funding & Exit History

Data from Indexed.vcUpdated
AcquisitionAcquisition by NMIMay 2026

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Funding: Series B through Venture Round. Amounts, valuations, and investors where available.

Investors

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