Highlights;
- LeafLink acquires Confia’s cannabis banking customers.
- Customers transition to Dama Financial by LeafLink.
- Offers reliable banking, seamless platform, transparent pricing.
- Addresses poor user experience and hidden fees.
- Partnership strengthens LeafLink’s financial services commitment.
- Survey: 10% faced banking shutdowns; 40% experience high fees.
FOR IMMEDIATE RELEASE
LeafLink and Confia Announce Strategic Partnership to Enhance Cannabis Banking Solutions
NEW YORK, Sept. 3, 2025 – LeafLink, the leading cannabis wholesale and banking platform nationwide, has partnered with Confia, a prominent FinTech firm, to expand its offerings in the cannabis banking sector. As part of this collaboration, Confia’s cannabis banking customers have been seamlessly transitioned to the Dama Financial by LeafLink platform, granting them access to a comprehensive suite of financial services designed specifically for the cannabis industry.
The Dama Financial by LeafLink platform addresses key challenges in cannabis banking, such as inconsistent services, hidden fees, and a lack of user-friendly solutions. By leveraging a network of regulated bank partners and cutting-edge technology, LeafLink provides cannabis businesses with dependable banking services, a seamless digital experience, and transparent pricing.
Ryan Himmel, Chief Strategy Officer at LeafLink, commented on the partnership:
“We are thrilled to collaborate with Confia to offer their cannabis clients an enhanced banking experience. This partnership underscores our commitment to fostering financial stability within the cannabis sector. By streamlining banking processes and reducing uncertainties, we enable businesses to focus on their core mission: building sustainable and successful enterprises.”
This partnership follows LeafLink’s acquisition of Dama Financial in July 2024, significantly expanding its capabilities in cannabis banking. Since then, LeafLink has grown its customer base by providing a robust suite of financial tools, including banking, credit, and payment solutions. These offerings help cannabis operators minimize hidden fees, access competitive credit lines, and reduce collection risks.
A recent survey conducted by LeafLink in 2025 revealed that 10% of cannabis operators have experienced banking shutdowns, while 11% operate without banking services altogether. Moreover, 40% of those with banking access reported facing high monthly or transaction fees. LeafLink’s tailored solutions aim to provide the stability and expertise needed to address these unique challenges.
Interested in exploring a partnership with LeafLink? Please reach out to [email protected].
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