Dwolla Acquired by NMI | Financial Services M&A Deal

NMI has acquired Dwolla, a payments processing business in the financial services sector in the United States. Dwolla provides money movement and embedded payments capabilities that support faster transfers and streamlined payment workflows for platform partners. NMI acquisitions aim to expand its embedded payments platform by adding advanced financial services M&A functionality for account-to-account transfers and payment routing. The platform acquisition is a strategic acquisition by NMI, with deal size undisclosed and status announced, positioning the combined offering for broader embedded payments adoption.