PayQwick - About the company
PayQwick is an acqui-hired company based in Calabasas (United States), founded in 2013 by Kenneth Berke and Keith Marks. It operates as an Offers a B2B payment platform for the cannabis industry. PayQwick has raised $3.91M in funding. The company has 41 active competitors, including 7 funded and 2 that have exited. Its top competitors include companies like POSaBIT, Green Check Verified and Spendr.
Company Details
Offers a B2B payment platform for the cannabis industry. Offers cannabis cultivators, manufacturers, distributors, dispensaries, delivery services and retailers to pay each other electronically for cannabis purchases. Sevices offered includes accepting debit/credit cards in-store or when making deliveries, accepting electronic payments, sending electronic invoices, paying state excise taxes, and payroll processing and management services.
- Website
- payqwick.com
- Social
- Email ID
- *****@payqwick.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2013
Location
Calabasas, United States
Stage
Acqui-Hired
Total Funding
$3.91M in 2 rounds
Latest Funding Round
Ranked
8th among 41 active competitors
Employee Count
10 - 49 as on Mar 01, 2026
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PayQwick's funding and investors
PayQwick has raised a total funding of $3.91M over 2 rounds. Its first funding round was on May 02, 2016.
Here is the list of recent funding rounds of PayQwick:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 30, 2017 | 8114577 | Seed | 2594348 | 3822558 | 8711609 | 1820859 |
May 02, 2016 | 5027468 | Seed | 7699045 | 5349117 | 2203852 | 1757657 |
Access funding benchmarks and valuations. Sign up today!View details of PayQwick's funding rounds and investors
PayQwick's founders and board of directors
Founder? Claim ProfileHere are the details of PayQwick's key team members:
- Kenneth Berke: Co-Founder & President of PayQwick.
- Keith Marks: Co-Founder & CEO of PayQwick.
View details of PayQwick's Founder profiles and Board Members
PayQwick's employee count trend
PayQwick has 10 - 49 employees as of Mar 26. Here is PayQwick's employee count trend over the years:
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PayQwick's Competitors and alternates
Top competitors of PayQwick include POSaBIT, Green Check Verified and Spendr. Here is the list of Top 10 competitors of PayQwick, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | POSaBIT 2015, Seattle (United States), Public | Point of sale software and hardware for cannabis retailers | $6.48M | 64/100 | |
2nd | Green Check Verified 2017, New Haven (United States), Series A | Provider of compliance and risk management solutions for financial institutions | $14M | 62/100 | |
3rd |  Spendr 2021, Cincinnati (United States), Series A | Online payment platform for cannabis payments | $2.83M | - | 46/100 |
4th | Zenapay 2017, Chicago (United States), Unfunded | Integrated payment solutions provider specializing in cryptocurrency, AI, and business management | - | - | 41/100 |
5th |  Alt Thirty Six 2015, Tempe (United States), Series A | Provider of payment processing solutions for cannabis industry | $10.6M | - | 37/100 |
6th |  Swifter 2020, Austin (United States), Acquired | Online payment solutions for cannabis businesses | $150K | 32/100 | |
7th | Tokken 2016, Denver (United States), Seed | Mobile wallet for cannabis industry leveraging blockchain to record transactions | $1.61M | - | 31/100 |
8th |  PayQwick 2013, Calabasas (United States), Acqui-Hired | Offers a B2B payment platform for the cannabis industry | $3.91M | - | 31/100 |
9th | Paybotic 2013, West Palm Beach (United States), Unfunded | Payment processing solutions | - | - | 30/100 |
10th |  LINX 2014, Walnut Creek (United States), Seed | Payment processing systems for the cannabis industry | $100K | - | 27/100 |
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PayQwick's Investments and acquisitions
PayQwick has made no investments or acquisitions yet.
Reports related to PayQwick
Here is the latest report on PayQwick's sector:
News related to PayQwick
Filter this list•
FundCanna Named the Preferred Lending Partner for PayQwickGlobeNewswire•Sep 14, 2022•FundCanna, PayQwick
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Green Check Verified Acquires PayQwick to Power the Cannabis Financial EcosystemGlobeNewswire•Sep 07, 2022•PayQwick, Green Check Verified
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Bespoke Financial and PayQwick Launch a Fintech Partnership Serving Cannabis Operators and BanksGlobeNewswire•Apr 21, 2022•Bespoke Financial, PayQwick
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Cannabis Financial Services Provider Equips Banks and Credit Unions to Serve Rapidly Growing, Highly Regulated IndustryNewswire•Mar 16, 2021•PayQwick
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PayQwick and WARPSPD - Tech Innovators Advancing the Cannabis Industry - Announce Strategic PartnershipNewswire•Nov 10, 2020•PayQwick, Warp Spd
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PayQwick Powers MainStem Platform for Faster Payments Across the Cannabis IndustryNewswire•Apr 28, 2020•PayQwick, MainStem
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Payqwick Appoints Bob Craig As Chief Operating Officer And Expands Leadership TeamFinancial IT•Oct 22, 2019•PayQwick
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Miller Barondess Files Suit on Behalf of FGPQ LLC against PayQwick, Inc. and Its Executive Officers for FraudBusiness Wire•Jan 23, 2019•PayQwick, Miller Barondess
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