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Dwolla Raises $9.7M

       
DES MOINES, IA, Dwolla announced a round of funding led by CME Group.
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According to the Des Moine Register, Dwolla announced today a round of funding led by CME Group. Previous investors Andreessen Horowitz, Union Square Ventures and Village Ventures also participated in the round.

Dwolla is a payment network that allows anyone to send, request and accept money. We're not like those other big payment companies that rely on plastic cards and charge hefty fees. Instead, we've built our own network that securely connects to your bank account and allows you to move money for just $0.25 per transaction, or free for transactions $10 or less.
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