Case Study: Status Money delivers seamless cash rewards and referral payouts with Dwolla

New Partnership Expands Opportunities In Personal Finance

Status Money, a personal finance app that rewards members for improving their finances, needed a scalable way to deliver cash incentives and run a new referral program. To enable seamless payouts into members’ bank accounts, Status Money partnered with Dwolla, using Dwolla’s white‑label API to connect to the ACH Network for automated bank transfers.

Dwolla’s solution powers Status Money’s referral rollout and reward redemptions, enabling members to earn $1 per successful referral while referred friends receive a $7 sign-up bonus; once a member accumulates $10 in rewards they can redeem via a free ACH transfer. By using Dwolla, Status Money can deliver funds seamlessly, benefit from predictable pricing, and scale its rewards program reliably using the ACH Network.

Status Money

Majd Maksad

Founder and CEO