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Spring Payment

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Niche neobank offering payment solutions for cannabis dispensaries.

Overview

Spring Payment operates as a niche neobank that focuses on providing payment processing solutions specifically for the Cannabis Industry. The company offers a range of products, including debit and credit card processing, online payment solutions, and cannabis-friendly bank accounts, which are designed to address the unique challenges faced by cannabis dispensaries. By targeting dispensaries that have encountered issues with unreliable payment systems, Spring Payment seeks to improve their financial operations and security. In addition to payment processing, the company offers services such as machine installation, cash management, and access to financial professionals, including interim CFOs and CPAs. This approach aims to assist dispensaries in optimizing their revenue and streamlining their financial processes.

Key facts

Founded
2020

Business model

Contact

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About Spring Payment

What does Spring Payment do?

Spring Payment operates as a niche neobank that focuses on providing payment processing solutions specifically for the Cannabis Industry.

Where is Spring Payment headquartered?

Spring Payment is headquartered in Los Angeles, United States.

When was Spring Payment founded?

Spring Payment was founded in 2020.

Which sector is Spring Payment in?

Spring Payment operates in Digital Banks, part of Financial Technology.

Who are Spring Payment's competitors?

Companies similar to Spring Payment include Nota, Gigbanc, and Waya.