Company Overview

Company name: PayQwick
Description: Developer of a payment application designed to allow legal marijuana businesses pay each other electronically. The company’s payment application allow users to make electronic payments for making transactions related to marijuana and it uses Bank Secrecy Act and Anti Money Laundering compliance programs, enabling clients to attain regular business bank accounts without hiding their involvement in the cannabis industry.
Year founded: 2014
Parent company:
Industry: Information Technology | Group: Software | Code:
City: Calabasas
State: California
Country: United States
Region: Americas

Financial Highlights

Start up capital raised (USD Million): 3.91
Business status: Generating Revenue
Ownership: Privately Held (backing)
Revenue (USD Million):
Gross profit (USD Million):
Net income (USD Million)
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
Fiscal period:
Financing Status: The company raised 42.86 million of angel funding from undisclosed investors on November 1, 2017. The company intends to use the funding to accelerate sales and product development as it expands into California, Nevada, Michigan and Alaska over the next six months.
Number of active investors:
Profile last updated: 02-Oct-2018
Last known valuation:
Last known valuation date: