NMI has strengthened its Embedded Payments strategy by acquiring Dwolla to enhance money movement capabilities. The goal is to provide more sophisticated fintech services. Also, the acquisition helps ensure smooth and safe payment experiences for businesses.
As NMI continues to grow its platform with financial tools, it gains from the expertise of Dwolla. Through the acquisition, it can facilitate better real-time payments. Additionally, it makes transaction management easier for businesses.
Steve Pinado, CEO of NMI, said: “This acquisition is a continuation of our strategy to build the most robust, white-label, embedded payments platform for our channel and enterprise partners. Dwolla gives us modern, API-first A2A infrastructure that strengthens our ability to help businesses accept, manage and move money across more use cases and more rails. It also gives NMI a stronger foundation to participate in the next generation of money movement, including agentic payments, stablecoin-enabled settlement, remittances and other emerging payment models. Together, we can help our partners deliver more choice, flexibility and control over how money moves through one single platform.”
Acquisition Enhances Real-Time Payments and API Capabilities
Dwolla provides a very robust API-based infrastructure that is part of the deal. This means that NMI will be able to deliver scalable and flexible payment options. Moreover, companies will have better access to ACH transactions. This is in line with the increasing need for digital payment systems. The new product will aim at simplifying complicated financial processes. On the other hand, it will still maintain transaction security and compliance. Thus, clients will be able to benefit from faster and more efficient payments. Integration will also improve user experience across different platforms.
Dave Glaser, CEO at Dwolla, said: “Companies embedding payments into their products are under pressure to support more rails, faster payouts and greater visibility. Dwolla was built to help businesses operate bank payments at scale through an API-first infrastructure layer that unifies ACH and real-time rails while standardizing status, exception handling and reporting. By joining NMI, we can bring those capabilities to a broader ecosystem of partners, while giving Dwolla customers access to NMI’s omnichannel payment acceptance capabilities, through a single, flexible, white-label platform. Together, we can help software companies, payments professionals and fintech innovators deliver more ways to pay and move money with less complexity.”
Pinado continued: “We’re thrilled to welcome Dave and the Dwolla team to NMI. They bring deep expertise in A2A payments and open banking, strong customer relationships and a proven track record in building trusted money movement infrastructure at scale. Bringing our teams together strengthens NMI not just as a platform, but as a company with the talent, focus and momentum to lead the future of embedded payments.”
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News Source: Businesswire.com
