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Dama Financial, through its bank partners, provides cannabis-related businesses (CRBs) access to transparent, sustainable banking and payment solutions. Using innovative technology, data and artificial intelligence, Dama exceeds the compliance and regulatory requirements for servicing CRBs, bringing legitimacy to the rapidly growing cannabis industry.
Dama’s comprehensive and compliant financial framework offers CRBs the option to maintain cashless operations, reducing their exposure to security risks while improving their business efficiencies and operational focus.
Considerations:
- Provides access through bank partners to secure online, safe and convenient banking services for businesses in the cash-intensive cannabis industry
- Founded by banking and payments industry veterans experienced in building and scaling businesses
- Partnered with numerous financial institutions to help cash-intensive businesses reduce financial and safety risk, and run their businesses more efficiently
- Deposits held at partner banks are FDIC-insured up to $250,000 per accoun
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