Connecting business to the U.S. banking system

The Dwolla Platform simplifies the complexities of integrating with the ACH network, allowing our customers to initiate bank transfers, manage users, and instantly verify bank accounts.

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Our story

Launched nationally in 2010, Ben Milne founded Dwolla with the mission of allowing anything connected to the internet to move money quickly and safely. Since then, the company has evolved and expanded its technology to meet the needs of the market, exploring innovations in real-time payments, frictionless bank transfers, and tokenized solutions. Today, we’re focused on building the ideal platform to move money, while assembling a team inclusive of diverse ideas and perspectives in the midwest.

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Additional Resources

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Financial institutions play an important role in our network.

Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in our network are held in pooled accounts at Veridian Credit Union and Compass Bank. These funds are not eligible for individual insurance, including FDIC insurance and may not be eligible for share insurance by the National Credit Union Share Insurance Fund. Dwolla, Inc. is the operator of a software platform that communicates user instructions for funds transfers to Veridian Credit Union and Compass Bank.