Abaca is the comprehensive cannabis banking and financial platform. We provide cannabis businesses with compliant bank accounts, lending, payments, and other financial services through proprietary technology and proven partnerships.
Financial Solutions for Cannabis
- Purpose-built for cannabis and hemp by banking and compliance experts
- Normalized access to FDIC-insured bank accounts, payment processing, and lending
- Streamlined compliance without manual reporting
- Products and pricing built to fit any size or type of business
Financial Products for Your Specific Business
Small & Medium Cannabis Businesses
Compliant Banking »
AbacaPay »
Cash Management »
Lending »Enterprise Cannabis Businesses
Payment Exchange »Hemp Businesses
Merchant Services »Ancillary Businesses
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What Our Clients Say
Banking with Abaca has made issuing and receiving payments easy with options for old school and electronic payments. Receiving payments from dispensaries and paying our vendors is so easy.
You would think ancillary businesses in the cannabis industry would have an easier time getting a bank account, but that is not the case. Abaca has enabled our testing lab to access traditional banking. Abaca enables my cultivator customers to pay electronically, and not with cash. We love their web interface.
The folks at Abaca are always quick to help us solve our payment issues and provide assistance to improve our process.
Abaca is a financial technology company that provides banking services in partnership with chartered financial institutions, Members FDIC.
In the News
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Cannabis financial insights, reports and case studies
Cybersecurity 101: A Primer for Cannabis Operators, Part One
Entrepreneurs and investors are jumping head first into the red-hot cannabis market, lured by the potential for massive growth and profits. Unfortunately, cybercriminals have also taken [...]
Abaca and AeroPay Enable Missouri Cannabis Delivery
Medical marijuana delivery in Missouri is legal and convenient for patients, except for one major snag: state law requires delivery transactions to be prepaid BEFORE they [...]
$1 Billion in Cannabis Commerce
Abaca started in 2017 as an idea on a whiteboard with a simple goal: to solve cannabis banking and normalize financial services for the cannabis industry. [...]
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