Dwolla

Des Moines · Founded 2008 · $21.5M raised

Headquarters
Des Moines, Iowa
Employees
51–200
Founded
2008
Business Model
B2B
Website
dwolla.com
Total Funding
$21.5M
Last Round
$16.5M Series CApr 2013
Rounds
2

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

Dwolla is a Fintech company based in Des Moines, founded in 2008. It has raised $21.5M in total across 2 rounds, most recently a $16.5M Series C round in Apr 2013. Investors include Andreessen Horowitz and Artists & Instigators.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Series CSeries CApr 2013
$16.5M

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Investors

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