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Dwolla launched FiSync with a banking partner in 2012. The special bank API was the first real-time funds transfer system in the United States. Our second integration launched in 2014. By the end of 2015, Dwolla had made the decision to shift its focus to building the ideal API ... Read more
Same Day ACH credit transfers are officially live in the United States thanks to NACHA. Just before Same Day went live for banks, Dwolla announced our Same Day ACH pilot program, and hundreds of businesses reached out, eager for faster payments and Same Day ACH functionality. If you’re just ... Read more
Announcing Dwolla’s Same Day ACH Pilot Program In the United States, the ability to transfer funds from one bank account to another within the same business day has been a pipedream since the 1970s. The ability to not only do that, but do it affordably and through an API ... Read more
Coming September 2016, speedier bank transfers will begin to become a reality. To understand the potential impacts of this new development in the ACH network, we’re doing a three-part series looking at how different parties stand to benefit from the implementation of same day bank transfers. In this post, ... Read more
The last week marks some memorable things: 1 million accounts will have been created through the Dwolla platform Billions of dollars will flow through Dwolla this year 30% month over month revenue growth for nearly a year Frankly, the third is what I’m most proud of. Releasing our white ... 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.