Case Study: Qoins (mobile debt-repayment and savings app) achieves 10% margin improvement with Dwolla's API

Mobile savings app integrates Dwolla’s API, improved margins by 10 percent

Qoins is a mobile debt‑repayment and savings app that rounds up purchases and applies the spare change to users’ credit card balances. After its previous payments provider dropped support, Qoins needed a secure, scalable payments API to withdraw accrued funds from verified bank accounts and execute thousands of monthly transfers with fast onboarding and tokenization — so it turned to Dwolla, implementing Dwolla’s Access API and related services.

Dwolla provided an API-driven solution with instant bank verification, event-based webhooks, tokenization, compliance support and same-day/next-day transfers, and moved Qoins from per‑transaction fees to predictable SaaS pricing. The Dwolla integration was completed in four business days, enabled thousands of monthly transactions, helped users pay off more than $500k in debt in the app’s first year, and improved Qoins’ margins by 10%.

Qoins

Nate Washington

Co-Founder