Dwolla Raises $21M in Funding

22 Jul, 2021

Dwolla Raises $21M in Funding
Photo by Andre Hunter on Unsplash

– Dwolla is a Des Moines, Iowa-based modern payments platform provider.
– Company raised $21m in funding.
– The round was led by Foundry Group with participation from Park West Asset Management LLC, Union Square Ventures, Detroit Venture Partners, Firebrand Ventures and Next Level Ventures, and Jeremy Andrus, CEO of Traeger.
– The new investment will be used to conduct growth initiatives with international payments, expansive partner relationships through a partner API and further accelerate its product roadmap focused on a real-time payments experience.

Accounting Banking Developer APIs Financial Services FinTech Mobile Payments North America Payments
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