POSaBIT, Inc. is a financial technology company based in Kirkland, WA. POSaBIT offers payment processing and point-of-sale systems to a wide variety of merchants and industry verticals.
POSaBIT’s trusted payment processing system is MTL/MSB compliant. For high-risk industries like cannabis, we provide an easy way for customers to acquire digital currency at the point of sale -- which they can use to make purchases immediately at your store or save for later.
DoubleBeam is a cloud-based point-of-sale system with everything you need to get your food business up and running. Highly sophisticated reporting, integrated loyalty campaigns, and proactive support make us the top choice for menu management. You can set up the sleek hardware in less than 15 minutes, and the software is intuitive and easy-to-use. We offer a full suite of products to suit everyone from corporate cafeteria chains to large events.
Location: United States, Washington, Kirkland
Employees: 51-200
Total raised: $1.5M
Founded date: 2015
Investors 1
| Date | Name | Website |
| - | Digital Cu... | dcg.co |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 06.07.2017 | - | $1.5M | - |
Mentions in press and media 6
| Date | Title | Description | Source |
| 10.04.2023 | Cannabis company POSaBIT calls off plans to acquire three co... | POSaBIT said it would abandon plans to acquire three cannabis compliance software firms. (POSaBIT Ph... | geekwire.c... |
| 03.04.2023 | POSaBIT Acquires Hypur, for US$7.5M | POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), a Kirkland, WA-based point-of-sale and payments... | finsmes.co... |
| 27.01.2023 | Publicly traded cannabis fintech POSaBIT acquires three comp... | A mobile payment device, part of POSaBIT’s point-of-sale system. (POSaBIT Photo) POSaBIT has reache... | geekwire.c... |
| 30.04.2019 | Washington VC Watch: Pattern Computer, Chatbox, Joylux &... | Share Share on Facebook Share on Twitter LinkedIn Email Reprints Catch up on funding news from Apri... | xconomy.co... |
| 20.04.2019 | Growing like weed: Pot tech startups bloom as Pacific NW bec... | An example of iUNU’s computer vision technology for monitoring cannabis and other indoor agriculture... | geekwire.c... |
| 06.07.2017 | POSaBIT Raises $1.5M in Funding | POSaBIT, Inc., a Seattle, WA-based blockchain-powered fintech startup, raised $1.5m in funding. Bac... | finsmes.co... |