Dwolla (Dwolla Connect)

Payments

Unified ACH, Same Day ACH, RTP, and FedNow API for platforms and enterprises that embed bank payments at scale.

Overview

Dwolla is a bank payment infrastructure platform built for software platforms and enterprises that need to move money via account-to-account (A2A) transfers. Founded in 2008 and headquartered in Des Moines, Iowa, Dwolla offers a single API integration that spans Standard ACH, Same Day ACH, The Clearing House's RTP® Network, and the Federal Reserve's FedNow® Service — with standardized status tracking, exception handling, and reporting across all rails. In 2024, the platform processed $67 billion in transactions for over 20 million end users. Dwolla operates as a software platform that issues payment instructions to its financial institution partners — Veridian Credit Union (for ACH, RTP, Virtual Account Numbers, and wires) and KeyBank N.A. (for ACH). Dwolla itself explicitly states it is not a money transmitter; actual fund movement is performed by its regulated financial institution partners. The white-label nature of the integration means end users interact entirely within the client's branded product, with no Dwolla branding exposed. Dwolla is a Nacha Preferred Partner for ACH Technology and maintains SOC 2 Type 2 certification. The platform is purpose-built for B2B use cases across verticals including real estate, lending, insurance, healthcare, B2B fintech, and gig/logistics platforms. Its drop-in components and TypeScript SDK reduce integration complexity, and Dwolla claims launches can occur in as little as ten days for simpler use cases. Key open banking/account verification integrations are available through Dwolla's Secure Exchange solution with partners including Plaid, MX, Mastercard (Finicity), Flinks, and Visa Open Banking Services.

Key features

• Unified ACH + Same Day ACH + RTP + FedNow via single API
• Standardized status, exceptions, and reporting across all rails
• Tokenization of bank account data (no raw credentials stored)
• Instant bank verification (via Plaid, MX, Mastercard/Finicity, Flinks, Visa)
• Drop-in UI components and TypeScript SDK
• 24/7 platform monitoring, 99.9% uptime SLA