Dama Financial is a fintech company that offers banking, payments, and business management solutions for cannabis-related businesses (CRBs) 1. Dama Financial’s solutions integrate product, operations, compliance, and financial data in a more usable and flexible solution than any current offering in the industry 1. Dama Financial is an agent of its partnering institutions and licensed money transmitters. Your funds will be deposited into a custodial account maintained for the benefit of account holders at one or more FDIC-insured institutions 2.
Dama Financial has competitors such as Green Check Verified 3 and PayQwick 4.
Location: United States, California, South San Francisco
Member count: 51-200
Total raised: $12.6M
Founded date: 2016
Investors 1
Date | Name | Website |
- | Entourage ... | entouragee... |
Funding Rounds 1
Date | Series | Amount | Investors | Deal News |
21.04.2021 | Series B | $12.6M | - | - |
Mentions in press and media 3
Date | Title | Description | Category | Author | Source |
10.11.2021 | Ed Labry J... | SOUTH SAN FRANCISCO, Calif., N... | - | - | marketscre... |
09.02.2021 | The Challe... | CEO at Dama Financial getty... | - | - | forbes.com... |
15.04.2020 | Cannabis s... | The sector-agnostic use case o... | - | - | rivcapital... |