PayQwick is a servicer of payments and lending to underbanked cannabis businesses. It focuses on payment processing, regulatory compliance and banking services to the licensed recreational marijuana industry in Washington State. The company's platform allows legal marijuana businesses to pay electronically. PayQwick was founded in 2015 and is based in Calabasas, California. In September 2022, PayQwick was acquired by Green Check Verified. The terms of the transaction were not disclosed.
Expert Collections containing PayQwick
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
PayQwick is included in 4 Expert Collections, including Regtech.
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest PayQwick News
Feb 24, 2023
Green Check Verified, a Bonita Springs, FL-based fintech provider of compliant cannabis solutions and services to financial institutions, raised $6M in Series A funding.Founded in 2017 and led by Kevin Hart, CEO, Green Check Verified GCV provides technology and advisory services to more than 130 financial institutions and over 4,000 cannabis-related businesses.The investment follows the recent acquisition of PayQwick, which has been servicing underbanked cannabis businesses with payments and lending since 2015.The complementary technology and services provided by GCV and PayQwick will facilitate more than compliant deposits and payments.GCV will be able to provide real-time transactions, including lending, supply chain settlements, and banking solutions previously unavailable to the cannabis industry. Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
PayQwick Frequently Asked Questions (FAQ)
When was PayQwick founded?
PayQwick was founded in 2015.
Where is PayQwick's headquarters?
PayQwick's headquarters is located at 23901 Calabasas Road, Calabasas.
What is PayQwick's latest funding round?
PayQwick's latest funding round is Acquired.
How much did PayQwick raise?
PayQwick raised a total of $3.91M.
Who are the investors of PayQwick?
Investors of PayQwick include Green Check Verified.