Dwolla

Description

Dwolla is a fintech company with payments infrastructure that is powering billions in payments for millions of end users. Dwolla is an enterprise payments solution that connects businesses to the banking system.

Overview
Foundation year: 2008
Location: Des Moines, Iowa, United States
Founders: Ben Milne, Shane Neuerburg
Website: https://www.dwolla.com/
Target geographic market:

Global

About Product/Service
Regulators/ComplianceFinancial Services and Markets Act 2000, Data Protection Act 1998, UK Companies Act 2006, EU-U.S. Privacy Shield,
ValuationUSD 120M
Pricing"Quote-based Plan Contact vendor"
The Base CurrencyUSD
 
Product cost-
Processes ACH Payments and eChecks

Key people

Funding rounds

Last Funding Date 12/02/2018
Last Funding Amount 12000000
Last Funding Type Venture - Series Unknown
Total Funding Amount 51,400,000
Number of Funding Rounds 8

Financials

Estimated revenue$10M to $50M
Number of investors 13
Number of lead investors4
Names of lead investors"Andreessen Horowitz Foundry Group Union Square Ventures Thrive Capital Ludlow Ventures Village Ventures Detroit Venture Partners High Alpha Paige Craig SeventySix Capital Firebrand Ventures CME Ventures Next Level Ventures"

Tech stack

Competitors

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first direct

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Cora

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2019 Challenger banks, fintech

Reviews

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