Helping a Fintech Company Build Credit
Extra is a fintech company that issues debit cards to help users build credit. Their concept relies on credit purchases settling quickly to report to credit bureaus within a couple of days. To facilitate this, they needed a fast, reliable and secure way to move money. Extra chose Dwolla for its fast money movement and enhanced security features. Dwolla’s API uses encryption and tokenization to secure data exchanges between third-party providers, payment technologies, and financial institutions.
Protecting Real Estate Transactions From Fraud
A real estate company partnered with Dwolla to combat wire transfer fraud. Dwolla’s consultative approach to payments helped them replace wire transfers with faster pay by bank transfers. Dwolla’s team took the time to understand the company’s use case, benefits, concerns and the implementation process. The company’s Chief Revenue Officer says that Dwolla has been a game-changer for real estate.
