Mike Isaac

Recent Posts by Mike Isaac

Led by Andreessen Horowitz, Payments Startup Dwolla Raises $16.5 Million

Payments startup Dwolla announced Tuesday it raised a $16.5 million round led by Andreessen Horowitz, with AH partner Scott Weiss to join Dwolla’s board. Former investors USV, Thrive and Village Ventures also participated in the round. Dwolla has built its own payments network, circumventing the usual fees associated with ACH networks (long used by credit card companies), charging 25 cents per money transfer.


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