Payment fintech Dwolla secured a $21 million venture round led by Foundry Group, Dwolla announced Wednesday. Additional investors include Park West Asset Management LLC, Union Square Ventures, Detroit Venture Partners, Firebrand Ventures and Next Level Ventures. Traeger CEO Jeremy Andrus joined as an individual investor. Global digital payment transactions in…
Dwolla released the new Real-Time Payments product on Tuesday, allowing Dwolla clients to send money directly to a bank account using the RTP Network established by the Automated Clearing House, an association owned by 24 of the world’s largest banks. The platform was launched in partnership with Cross River Bank, one…
Des Moines-based payments platform Dwolla announced this week that Dave Glaser has been appointed president and chief operating officer, bringing more than 20 years of experience in the enterprise payments space. Glaser’s first day with Dwolla was Monday, and he plans to complete his family’s move to Des Moines in…
Dwolla is releasing Drop-In Components, a new low-code offering designed to shorten the development time on customers’ payment integration services, the company announced on Tuesday. When a business uses a payment API for online transactions, sensitive user information must be provided to the business to create an end user account…
A new product launched by Dwolla this week allows businesses fast payouts to customer debit cards, the company announced. The Push-to-Debit payment functionality for Dwolla customers allows businesses to access a programmable payments infrastructure for bank-to-bank transfers and offers a disbursement option for payments to be sent to a user’s…
Brady Harris is hitting the ground running as the newly named CEO of Des Moines fintech payments platform Dwolla — but before he could load up the moving van, Harris talked with the Business Record about what made him look to the Midwest for his next step in the payments…
Des Moines payments fintech Dwolla appointed Brady Harris as the company’s CEO, just over a month after founder Ben Milne announced he would be seeking a new person to take on the role. Harris formerly was president of Payscape, a payment processing fintech platform in Atlanta. Milne will remain with…
Dwolla CEO/founder Ben Milne cuts the ribbon as the company unveils new headquarters in February 2019 at 909 Locust. Photo provided Dwolla is searching for a new CEO after founder Ben Milne announced he was going to step away from the role in a blog post published this afternoon. Milne…
Des Moines-based Dwolla was awarded the ‘Excellence in Finance – Companies’ award at the 2019 FiNext Conference in Florida for the startup’s “significant contribution towards the financial sector,” FiNext announced last week. Dwolla builds an API platform that connects to the ACH Network to easily move money for businesses.
Two Iowa nonprofits accepted $10,000 each raised and donated by the 2019 Monetery Tech Summit, the second annual technology and entrepreneurship conference organized by Dwolla. Iowa Safe Schools and Pursuit of Innovation (Pi515) each received the donation at the end of Tuesday’s summit in the Temple of Performing Arts. Dwolla…