4 ms·

It seems quite clear in multiple locations that Dwolla does in fact have a credit union as an investor, what is your source that it doesn't? http://www.chubbyb

It seems quite clear in multiple locations that Dwolla does in fact have a credit union as an investor, what is your source that it doesn't? http://www.chubbybrain.com/companies/dwolla/investors-funding-history#axzz1fJOFMKdl http://www.chubbybrain.com/companies/dwolla/investors-fundin... https://www.veridiancu.org/ https://www.veridiancu.org/ http://kb.veridiancu.org/veridiancu/consumer/kbdetail.asp?kbid=8830&SearchType=advanced&status=&rfield=&sortmethod=datemodified&usertype=&formaction=search&subcats=True&start=1&match=or&catid=58 http://kb.veridiancu.org/veridiancu/consumer/kbdetail.asp?kb...

thinkcomp 15y ago
http://www.themembersgroup.com/news/dwolla-investment-announcement/ http://www.themembersgroup.com/news/dwolla-investment-announ... "About The Veridian Group The Veridian Group is a wholly-owned subsidiary of Veridian Credit Union, based in Waterloo, Iowa. As a credit union service organization (CUSO), The Veridian Group is committed to providing valuable financial services to credit unions and credit union members." The distinction between a "credit union" and a CUSO matters. If the credit union is extending its charter to cover Dwolla, Inc., then that makes a big difference in terms of regulatory implications. As far as I can tell, The Veridian Group, Inc. (which does not have a charter) has invested in Dwolla, Inc., and Veridian Credit Union (which does have a charter) owns The Veridian Group, Inc.