Dwolla
Provides an API for businesses to automate bank transfers.
a16z — Backed by a16z
Union Square Ventures — Backed by Union Square Ventures H-1B sponsor history — This employer has had H-1B petitions approved by USCIS in the last five fiscal years, per the USCIS H-1B Employer Data Hub. The approval belongs to the employer and is not a commitment to sponsor this role.Company facts
- Founded
- 2008
- Employees
- 84
- Headquarters
- United States
- CEO
- Dave Glaser
- Type
- Private
- Funding
- Series E · $21M · 2021
About
Dwolla is a leading US-based fintech company that provides businesses with a modern payment platform, empowering them to streamline and automate their payment processes. Founded in 2008, Dwolla was established to tackle the complexities and inefficiencies associated with traditional payment methods such as paper checks and ACH transactions. Our mission is to enable innovative organizations to connect to the ACH and RTP networks effortlessly, facilitating fast, secure, and reliable bank-to-bank transfers. With our cutting-edge API, customers can handle millions in transactions seamlessly while digitizing their payments technology. Dwolla's platform allows clients to automate payments and significantly reduce operational costs—companies can potentially save up to 92% on processing fees compared to traditional systems. Over the years, we have served thousands of clients across various industries, including healthcare, lending, and real estate. By providing solutions that enhance cash flow, improve transaction visibility, and elevate user experience, Dwolla is redefining how businesses think about and execute their payment strategies. We pride ourselves on creating a solution that not only keeps pace with, but leads the charge in, the ever-evolving financial landscape.