KUAR | By Michael Tilley/ Talk Business & Politics
North Little Rock-based Abaca has processed more than $2 billion in transactions for the cannabis (marijuana) industry. Growth with the financial technology (fintech) banking company comes as more states in recent years have legalized some form of marijuana use.
The company recently announced it “compliantly” processed the transactions through its “bank-backed financial technology” that provides “normalized financial services for an underbanked industry.”
