NMI Acquires Dwolla to Expand Embedded A2A and Real-Time Money Movement Capabilities

NMI, an embedded payments infrastructure provider, announced it has acquired Dwolla, an API-first account-to-account (A2A) payments and real-time/open banking money movement provider. The deal expands NMI’s embedded, white-labeled platform with modern A2A infrastructure, real-time payments, payouts, and related funds-flow capabilities. Dwolla’s CEO, Dave Glaser, will join NMI as Chief Operating Officer, and about 60 Dwolla employees will move to NMI.