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If you’re an existing Dwolla customer, you’ve helped us fine tune our partner launch process over a period of time. Depending on your product, it might have varying degrees of complexity. There are a number of different ways that you can use Dwolla’s platform. Send funds Receive funds Send ... Read more
Hey there! John from Dwolla. I’m here to share some insights regarding the customer due diligence rules that impacts some of our partners. What are these new requirements? I’ll answer that later in this blog post, but first, let’s discuss why these requirements are being implemented. Why the customer due ... Read more
Fetch, an expense reporting product, has heard from many of its customers that they can reimburse employees at least 5 business days faster than when they used checks. Download the case study A 2015 study found that on average time spent on an expense report for a single night ... Read more
Dwolla is constantly striving to improve the platform, including cryptographic protections for data. A significant layer of data protection is provided by Transport Layer Security (TLS). TLS provides authentication for services through the use of Digital Certificates and ensures data is protected in-transit via an encrypted channel between the ... Read more
Over the last six months, we’ve made a number of important changes at Dwolla. One of them has the been the creation of our Diversity & Inclusion program. As a company, we believe that the best teams are built by the inclusion of diverse ideas, experiences, and people. To ... Read more
Monetery started as a concept about creating value and it evolved into an event for our community. On March 20, we assembled a diverse set of investors from across the country to talk about growing and fostering a tech ecosystem. More than 250 members of our community attended Monetery, ... Read more
On January 13, 2018, the state of Hawaii was shaken in a state of absolute panic. The state runs alert tests twice a day on various systems. One of the systems happened to be the service that sends a signal to all phones within the state, similar to an ... Read more
Monetery is an event about building value. That could mean a lot of things, and we’re hopeful it brings out a number of different opinions. I tell founders everyday you can build in Des Moines, Iowa, and anywhere else. The Dwolla team knows it (both the west coast and the ... Read more
We’ve closed a $12M round led by Foundry Group with participation from Union Square Ventures, Next Level Ventures, Ludlow Ventures, High Alpha, and Firebrand. The funds will be used to meet our growing capital requirements as a financial platform. We’ll also continue expanding our team to service customers. We ... Read more
We are pleased to announce the availability of a SOC 2 Type 2 Report for Dwolla, Inc. Built upon Dwolla’s existing internal control framework and focused on the security trust principle, the report provides valuable and independently-verified information for our customers, related to the assessment of approximately 80 security ... Read more
Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in the Dwolla 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.