[PRESS RELEASE] – NEW YORK, Sept. 3, 2025 – LeafLink, the country’s main hashish wholesale and banking platform, and Confia, a distinguished FinTech corporate, have shaped a strategic partnership by which LeafLink got consumers from Confia’s hashish banking platform. Confia consumers have seamlessly transitioned onto the Dama Monetary by way of LeafLink platform and won get entry to to its industry-leading monetary services and products suite. Via its relied on community of regulated financial institution companions and complicated generation platform, Dama Monetary by way of LeafLink addresses the chronic ache issues of hashish banking—equivalent to deficient person enjoy, restricted and unreliable services and products, and hidden charges—by way of offering companies with dependable get entry to to banking services and products, a continuing virtual platform, and clear pricing.
“We’re excited to spouse with Confia to deliver their hashish consumers a extra powerful and enriched banking enjoy,” stated Ryan Himmel, leader technique officer at LeafLink. “This partnership marks crucial step in LeafLink’s dedication to strengthening the monetary well being of hashish companies. Via bettering the banking adventure for Confia consumers, we will be able to streamline back-end processes, scale back uncertainty, and make allowance them to concentrate on what issues maximum: construction sustainable companies.”
The partnership builds on LeafLink’s July 2024 acquisition of Dama Monetary, the banking department of Dama Generation Inc. This considerably expanded LeafLink’s product choices to incorporate hashish banking features. Because the acquisition, LeafLink has endured to develop its buyer base by way of providing a complete suite of banking, credit score and bills gear, serving to hashish operators scale back hidden charges, get entry to aggressive credit score strains, and mitigate collections possibility.
A 2025 survey carried out by way of LeafLink discovered that 10% of hashish operators have contended with banking shutdowns. Whilst 63% of operators reported banking with an area financial institution or credit score union, 11% stated they function and not using a financial institution in any respect. Of the ones with a financial institution, 40% stated they deal with prime per thirty days charges or prime transaction charges. LeafLink’s resolution supplies steadiness and deep experience adapted to the original wishes of hashish companies.
Enthusiastic about partnering with LeafLink? Touch [email protected].
