What Does Dwolla Do?

Total employees79
HeadquartersDes Moines
Founded2008

Dwolla is a financial technology company that provides businesses with a powerful and flexible payments platform, specializing in Account-to-Account (A2A) payment services, including ACH (Automated Clearing House) transactions. They offer a robust API that enables businesses to seamlessly integrate and automate bank transfers, manage customer identities, verify bank accounts, and streamline their payment operations. Dwolla focuses on helping businesses of all sizes to modernize their payment processes, reduce transaction costs, and improve efficiency.

Where Is Dwolla's Headquarters?

HQ Function

The headquarters serves as the primary center for Dwolla's operations, including executive leadership, engineering, product development, sales, marketing, and customer support.

Notable Features:

Dwolla's HQ is situated in the historic Randolph Building in downtown Des Moines. The space has been renovated to provide a modern, open-office environment conducive to collaboration and innovation.

Work Culture:

Dwolla fosters a work culture centered around collaboration, innovation, transparency, and continuous learning. It's recognized for its strong engineering talent, emphasis on work-life balance, and active participation in the local tech community.

HQ Significance:

The Des Moines headquarters is central to Dwolla's identity and operations, anchoring its position as a key fintech innovator in the Midwest. It plays a vital role in attracting tech talent and contributing to the economic development of the region.

Values Reflected in HQ: The choice of a renovated historic building reflects a blend of respect for heritage and a drive for modern innovation. The open and collaborative workspace mirrors company values of transparency and teamwork.

Location:

Dwolla's payment platform primarily facilitates ACH transactions within the United States. While its physical operations are U.S.-based, businesses globally can leverage Dwolla to send and receive payments to U.S. bank accounts, supporting companies with U.S. payment needs regardless of their own location. The platform enables functions like automated clearing house (ACH) payments, bank verification, and partner ecosystem integrations for U.S. domestic transactions.

Street Address:

909 Locust St, Suite 201

City:

Des Moines

State/Province:

IA

Country:

USA

Where Else Does Dwolla Operate Around the World?

N/A - Primarily HQ-based with remote workforce options

Address: N/A

Focus on talent acquisition and operational flexibility rather than distinct regional offices.

Buying Intent Signals for Dwolla

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Dwolla? Meet the Executive Team

As of April 2025, Dwolla' leadership includes:

Ben Milne - Founder & Chairman
Dave Glaser - President & Chief Operating Officer
Karla Stefanini - Chief Financial Officer
Adam Steenhard - Chief Technology Officer
Skyler Nesheim - Chief Product Officer
Ashley Craven - Chief People Officer
Melissa Flynn - Chief Revenue Officer

Who's Investing in Dwolla?

Dwolla has been backed by several prominent investors over the years, including:

Andreessen Horowitz
Union Square Ventures
Foundry
CMFG Ventures (part of CUNA Mutual Group)
Detroit Venture Partners
Firebrand Ventures
Next Level Ventures

What Leadership Changes Has Dwolla Seen Recently?

Hire2
Exits0

Dwolla strengthened its executive leadership over the past 12 months with strategic C-suite appointments in Finance and People Operations, underscoring its commitment to growth and organizational excellence.

New Appointments:

Karla Stefanini, Karla Stefanini appointed as new Chief Financial Officer.
Ashley Craven, Ashley Craven appointed as new Chief People Officer.

What Technology (Tech Stack) Is Used byDwolla?

Discover the tools Dwolla uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Dwolla Email Formats and Examples

Dwolla commonly utilizes an email format that combines the first initial of an employee's first name with their full last name, followed by the @dwolla.com domain. Other formats might exist but this is a widely observed pattern.

[first_initial][last]@dwolla.com

Format

jdoe@dwolla.com

Example

90%

Success rate

What's the Latest News About Dwolla?

Dwolla Blog / American BankerFebruary 27, 2024

Dwolla Named One of the Best Places to Work in Financial Technology in 2024 by American Banker

Dwolla announced its recognition by American Banker as one of the Best Places to Work in Financial Technology for 2024. This award highlights the company's positive work environment, employee satisfaction, and strong company culture....more

Dwolla BlogOctober 18, 2023

Dwolla Unveils New Brand Identity and Website

Dwolla launched a comprehensive brand refresh, including a new logo, visual identity, and redesigned website. The update aims to better reflect the company's evolution and its mission to power sophisticated account-to-account payment solutions for businesses....more

PYMNTS.com / Dwolla Press ReleaseJuly 18, 2023

Dwolla Partners With Sift To Reduce Payment Fraud

Dwolla announced a strategic partnership with Sift, a leader in digital trust and safety. This collaboration integrates Sift's AI-powered fraud detection capabilities into Dwolla's payment platform, aiming to provide enhanced security and reduce payment fraud for its clients....more

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