KIND Financial

KIND Financial is an American company focused on providing financial technology services for the cannabis industry.[1]

KIND Financial
TypePrivate
IndustryFinancial technology
Founded2013
Key people
David Dinenberg, Founder/CEO
WebsiteKIND Financial

In 2013, David Dinenberg founded Kind Banking to be the "Wells Fargo of the marijuana banking industry"[2] before changing the name of the company to Kind Financial in late 2014.[3][4] Dinenberg also serves as CEO of KIND,[5][6][7] which has its headquarters in Los Angeles, California.[8]

KIND's technology platform seeks to provide tools focused on cannabis tracking and compliance for cultivators, dispensaries, and regulatory agencies in the cannabis industry. These tools are said to manage the entire cannabis business life-cycle and keep transactions safe, secure and compliant with rules, regulations, laws and guidelines with the federal guidelines set forth by FinCEN.

KIND's seed-to-sale tracking and compliance platform, Agrisoft Seed to Sale,[9] integrates with KIND's cash-management and order-taking kiosk as well as KIND Pay. Together, the KIND platform should provide a way to close the loop between marijuana-related businesses and financial institutions.[10]

Microsoft partnership
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On June 17, 2016, Microsoft announced its partnership with KIND.[11]

References

https://www.bbc.com/news/business-36545858

  1. "New Software Could Help Marijuana Businesses Get Access to Banks" Inc.. Retrieved 2016-02-03.
  2. "Meet the solution to the marijuana banking woes" Colorado Springs Indy Weed. Retrieved 2016-02-03.
  3. "Why I started a financial-services firm for pot" CNBC. Retrieved 2016-02-03.
  4. "David Dinenberg: Bank on Kind Financial" Cashinbis. Retrieved 2016-02-03.
  5. "Marijuana And The GOP Debate" Forbes. Retrieved 2016-02-03.
  6. "Republicans Get Blunt About Marijuana at GOP Debate" Vice. Retrieved 2016-02-03.
  7. "Bernie Sanders Wants to End the Federal Ban on Weed" Vice. Retrieved 2016-02-03.
  8. "Banking's a bummer for legal marijuana industry, but David Dinenberg has a budding solution" Upstart Business Journal. Retrieved 2016-02-03.
  9. "Marijuana financial services firm Kind Financial acquires software maker Agrisoft" Archived 2015-07-04 at the Wayback Machine The Deal. Retrieved 2016-02-03.
  10. "Tuesday Rundown: Kind Financial Launches Cannabis Banking Software, Saban Picks Up Hello Kitty Exec" Los Angeles Business Journal. Retrieved 2016-02-03.
  11. "MediaKind announces enhanced strategic partnership with Microsoft to accelerate video digital transformation". MediaKind. Retrieved 2023-10-24.
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