NMI Acquires Dwolla to Strengthen Pay by Bank Offering

Embedded payments infrastructure company NMI has acquired account-to-account (A2A) payment infrastructure provider Dwolla . The deal, announced Tuesday (May 19) combines NMI’s background payment acceptance, channel distribution, onboarding and merchant life cycle management with Dwolla’s capabilities in account-to-account infrastructure, real-time payments and open banking . “This acquisition is a continuation of our strategy to build the most robust, white-label, embedded payments platform for