Green Check Verified: Raises $6M in Series A Funding

Green Check Verified Raises $6M in Series A Funding

• 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
• The round was led by Mendon Venture Partners
• The company intends to use the funds to accelerate growth, expand operations and its business reach
• Green CheckVerified 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