- What does Dwolla do :
- Dwolla enables businesses to programmatically send and receive funds. With Dwolla, connect to the ACH Network to facilitate payments and instantly verify bank accounts while keeping control of the entire user experience.
- Dwolla Launch year : 2010
- Company Name : Dwolla, Inc
- Dwolla Headquarters : Des Moines, Iowa, United States
- Dwolla Founder(s) : Ben Milne, Shane Neuerburg
- Number of Dwolla employees : 51-200
- How many people use Dwolla: 500,000 average users
- Dwolla revenue : $10 million
- Number of organisations that use Dwolla : 45
- Number of countries that Dwolla has users in : 162
- Top Country for Dwolla usage : USA
- Average time people spend on Dwolla : 5 hours per month
- Funding raised so far: US$ 12.0 Million
- Dwolla’s reported valuation : $100M to $500M
- Top 5 Competitors or similar products : Ripple, Venmo, 2Checkout, Braintree, BluSnap
- Dwolla means : Integrate massively scalable payments
- Dwolla History : Dwolla had grown to 15 employees and 20,000 users, and it processed $1 million in a week for the first time
- Free plan : Dwolla’s free plan allows the Basic features like Send Money and Collect Money
- What makes Dwolla interesting : Instant Bank Verification, Two Deposit Verification, Mass Payments
- Awards: Dwolla wons Two Prometheus Awards in the year of 2019.
Sowmiya C
Sowmiya C is a business associate at HelloLeads. Her mission to help start-ups and small businesses to improve productivity and help them to scale up. She enjoys writing on tools, mobile phones, laptops, and websites. Send an email to blogs@helloleads.io to reach her.
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