About PayQwick
PayQwick is a company based in Calabasas (United States) founded in 2013 by Keith Marks and Kenneth Berke was acquired by Green Check Verified in September 2022.. PayQwick has raised $3.91 million across 2 funding rounds from investors including Green Check Verified. PayQwick offers products and services including Green Check Direct, Green Check Connect, and Green Check Access APIs. PayQwick operates in a competitive market with competitors including POSaBIT, Green Check Verified, Spendr, Alt Thirty Six and Tokken, among others.
- Headquarter Calabasas, United States
- Founders Keith Marks, Kenneth Berke
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Payqwick, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.91 M (USD)
in 2 rounds
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Latest Funding Round
$2.86 M (USD), Seed
Oct 30, 2017
- Investors
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Employee Count
Employee Count
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Acquired by
Green Check Verified
(Sep 07, 2022)
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Products & Services of PayQwick
PayQwick offers a comprehensive portfolio of products and services, including Green Check Direct, Green Check Connect, and Green Check Access APIs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for cannabis business banking and payments management.
Tool for connecting cannabis services and boosting business profitability.
APIs enabling financial institutions to handle cannabis banking needs.
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Funding Insights of PayQwick
PayQwick has successfully raised a total of $3.91M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.86 million completed in October 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.9M
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First Round
First Round
(02 May 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2017 | Amount | Seed - PayQwick | Valuation |
investors |
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| May, 2016 | Amount | Seed - PayQwick | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PayQwick
PayQwick has secured backing from 1 investor. Prominent investors backing the company include Green Check Verified. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based regulatory compliance is provided for the legal cannabis industry.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PayQwick
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PayQwick
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Payqwick Comparisons
Competitors of PayQwick
PayQwick operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as POSaBIT, Green Check Verified, Spendr, Alt Thirty Six and Tokken, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
POS software and hardware are provided for cannabis retailers.
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| domain | founded_year | HQ Location |
Cloud-based regulatory compliance is provided for the legal cannabis industry.
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| domain | founded_year | HQ Location |
Online payments for cannabis transactions are enabled by Spendr.
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| domain | founded_year | HQ Location |
Payment processing solutions are offered to the cannabis industry.
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| domain | founded_year | HQ Location |
Blockchain-based mobile wallet for cannabis industry transactions is utilized.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Payqwick
Frequently Asked Questions about PayQwick
When was PayQwick founded?
PayQwick was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is PayQwick located?
PayQwick is headquartered in Calabasas, United States. It is registered at Calabasas, California, United States.
Who is the current CEO of PayQwick?
Keith Marks is the current CEO of PayQwick. They have also founded this company.
Is PayQwick a funded company?
PayQwick is a funded company, having raised a total of $3.91M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.05M, raised on May 02, 2016.
What does PayQwick do?
PayQwick was founded in 2013 and is headquartered in Calabasas, United States. Electronic payments are facilitated among cannabis cultivators, manufacturers, distributors, dispensaries, delivery services, and retailers for business transactions. Services include acceptance of debit and credit cards in-store or during deliveries, electronic invoicing, state excise tax payments, and payroll processing. Operations focus on the cannabis sector to support compliant financial exchanges.
Who are the top competitors of PayQwick?
PayQwick's top competitors include POSaBIT, Green Check Verified and Spendr.
What products or services does PayQwick offer?
PayQwick offers Green Check Direct, Green Check Connect, and Green Check Access APIs.
Who are PayQwick's investors?
PayQwick has 1 investor. Key investors include Green Check Verified.