Dwolla Raises $16.5M from Andreessen Horowitz
blog.dwolla.com
Dwolla Raises $16.5M from Andreessen Horowitz
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Re: Dwolla Raises $16.5M from Andreessen Horowitz
#2Nicely done. I really love the mission, driving the payments market to be being brutally efficient. Some nasty brutes[1] on the other side of the fence but they can be contained.
[1] Various established payment processors who would have you believe that if you aren't related by marriage to the CEOs of the big banks on Wall Street you will be killed.
Re: Dwolla Raises $16.5M from Andreessen Horowitz
#3As a developer, the biggest concern I have with Dwolla is the initial friction for new users, e.g. entering their bank account number. I would like to see the complete end user signup flow featured more prominently. I didn't see anything on the topic while signing up for a developer account.
Criticism aside, I'm definitely rooting for Dwolla. I don't think they need to match the comparative ease offered with credit card purchases, but they need to be in the same ball park.
Re: Dwolla Raises $16.5M from Andreessen Horowitz
#4As a developer, the biggest concern I have with Dwolla is the initial friction for new users, e.g. entering their bank account number. I would like to see the complete end user signup flow featured more prominently. I didn't see anything on the topic while signing up for a developer account. Criticism aside, I'm definitely rooting for Dwolla. I don't think they need to match the comparative ease offered with credit c…
It's coming! I work on partnerships at Dwolla and full account creation as well as getting money into the account quicker are big initiatives for us. Hit me up at AlexT@dwolla.com if you want to chat more.
Re: Dwolla Raises $16.5M from Andreessen Horowitz
#5As a developer, the biggest concern I have with Dwolla is the initial friction for new users, e.g. entering their bank account number. I would like to see the complete end user signup flow featured more prominently. I didn't see anything on the topic while signing up for a developer account. Criticism aside, I'm definitely rooting for Dwolla. I don't think they need to match the comparative ease offered with credit c…
I've considered using it to have clients pay me because the only other options are to give away 3% to CC processors, or wait a week+ for a check to come in the mail.
If there was a way for me to pass new client onto a single sign-up process (whether I built it via an API or whether it was on Dwolla's page and tracked via referrer), that would go a long way to convincing some of them to use it.
Re: Dwolla Raises $16.5M from Andreessen Horowitz
#6I wonder if A16Z used Dwolla to send Dwolla their many millions of dollars.
Re: Dwolla Raises $16.5M from Andreessen Horowitz
#7I wonder if A16Z used Dwolla to send Dwolla their many millions of dollars.
That would be cool
Re: Dwolla Raises $16.5M from Andreessen Horowitz
#8As a developer, the biggest concern I have with Dwolla is the initial friction for new users, e.g. entering their bank account number. I would like to see the complete end user signup flow featured more prominently. I didn't see anything on the topic while signing up for a developer account. Criticism aside, I'm definitely rooting for Dwolla. I don't think they need to match the comparative ease offered with credit c…
I've considered using it to have clients pay me because the only other options are to give away 3% to CC processors, or wait a week+ for a check to come in the mail. If there was a way for me to pass new client onto a single sign-up process (whether I built it via an API or whether it was on Dwolla's page and tracked via referrer), that would go a long way to convincing some of them to use it.
you can use guest checkout for this. Right now its only in the offsite gateway, but eventually we will add it to others- check it out here: http://developers.dwolla.com/dev/pages/gateway/guest
Re: Dwolla Raises $16.5M from Andreessen Horowitz
#9Didn't a few people voice their concerns with Dwolla recently on HN? Something about trouble with getting their money?
Re: Dwolla Raises $16.5M from Andreessen Horowitz
#10Didn't a few people voice their concerns with Dwolla recently on HN? Something about trouble with getting their money?
i think the general consensus there was that signing up for a service and immediately trying to transfer $40k was a bad idea.