Payments Service Dwolla Hits $1M A Week In Transactions

Payment platform Dwolla is celebrating an important milestone this week; Hitting almost 1 million a week in payments on the service. This is rapid growth, as six months ago the startup was completing $50K in transactions a week. Only three months ago, it hit the $1 million transactions a month mark. Co-founder Ben Milne says that this is notable because it was only a little over a year ago that billion dollar startup Square crossed the exact same "$1 million a week" milestone.