Ashton Kutcher invests in Iowa tech transaction company - KWWL - Eastern Iowa Breaking News, Weather, Closings

Ashton Kutcher invests in Iowa tech transaction company

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DES MOINES (KWWL) -

It's like Paypal -- Dwolla started handling transactions only in Iowa, but now works coast to coast.

Now Iowa native and actor Ashton Kutcher is putting his money in the start-up internet company in his home state.

While Paypal takes a percentage of each transaction, Dwolla is 25 cents per transaction regardless of the size unless it's under ten dollars, in which case it's free.

The company is now four years old, and has roughly 100,000 account holders in all 50 states.

Dwolla CEO Ben Milne, is a native of Cedar Falls, and also went to the University of Northern Iowa.

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