The online and mobile payment platform Dwolla is introducing a new proximity based serve called Proxi that allows users to send and receive cash to people close to them. The service is suppose to make things faster and easier by allowing a user to “tie” their account to a location or vendor.
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Tag Archives: Dwolla
Dwolla passes $1m per week
June 17, 2011 
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The momentum in the transaction space is moving at an amazing speed. Payment service company, Dwolla, has now passed $1,000,000 in per week transactions. Just how fast have they gotten here? According to Techcrunch, six months ago they were doing 50k per week, then three months ago $1m per month. For comparison, “Co-founder Ben Milne says that this is notable because it was only a little over a year and a half ago that billion dollar startup Square crossed the exact same “$1 million a week” milestone.”
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