By: Caitlin,


Dwolla is a lot of things, to a lot of different people.

If you are a business owner, it could be the thing that doubles your bottom-line. If you’re a college student, it could be the vital cash flow from your parents. If you are a developer, you could be digging into our API and integrating our payment network into a sweet new app you are building. And if you are at a financial institution, Dwolla can be the technology that allows you to work around the ACH system, with real-time bank transfers. Whether it’s between people, businesses or systems, Dwolla can be used in new ways never before possible. And because we’ve created our own network, we aren’t reliant on credit card networks, costly structures or rigid limitations.

So we posed the question to our Twitter followers and our Facebook fans, “What is Dwolla?” We weren’t sure what we were going to get back, but when the answers came rolling in, it was enlightening to say the least. I’ve picked out some to recognize in a make-shift awards program I’d like to call, the Dwemmy’s.

From Twitter:

The Revolutionist Award:

The Motivational Award:


The Local Love Award:

The “Technically Correct” Award:(tied)



From Facebook:

The Philanthropist Award:

The Pessimist Award:

The Canadian Award:

The Award for Most Creativity:

The Best Analogy Award:

The Best Metaphor Award:

The People’s Choice Award:


And that concludes the first ever Dwemmy Awards. Feel free to read on, and see what others are saying about Dwolla, and what it means to them. And if you want to join in the conversation, leave us a post on Facebook or tweet us @Dwolla!

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See what others are saying:











The Facebook posts:


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Financial institutions play an important role in the Dwolla network.

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.