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Industry Expansion Abaca operates in the financial services industry, specifically catering to the unique needs of the cannabis sector. With the increasing legalization of cannabis across various states, there is a growing market for financial and regulatory technology solutions like those provided by Abaca, presenting a significant sales opportunity in a niche, yet thriving industry.

Technology Innovation Abaca leverages a diverse tech stack including Facebook Pixel, Chart.js, and jQuery, showcasing a commitment to utilizing cutting-edge technology in its operations. This technological sophistication can be highlighted as a competitive advantage to attract clients who value innovation and efficiency in their financial services providers.

Strategic Partnerships Through partnerships with companies like Staley Technologies Inc., Abaca is streamlining cash management processes in the cannabis industry. Leveraging these strategic alliances can be a powerful sales strategy to offer comprehensive solutions that address specific pain points faced by cannabis businesses, potentially leading to increased client acquisition and retention.

Executive Talent Abaca recently onboarded Preston Eldridge, a seasoned compliance officer with a legal background, showcasing a commitment to regulatory integrity and operational excellence. Highlighting the expertise of key personnel like Preston Eldridge can instill trust in potential clients, positioning Abaca as a reliable and knowledgeable partner in navigating the complex regulatory landscape of the cannabis industry.

Market Expansion Initiatives The launch of the Social Equity Grant Program in Illinois demonstrates Abaca's commitment to fostering inclusivity and supporting underrepresented businesses in the cannabis space. Emphasizing Abaca's social responsibility initiatives can resonate well with clients who prioritize ethical business practices, potentially opening up new sales opportunities in markets with a focus on social equity and community impact.

Similar companies to Abaca

Abaca Tech Stack

Abaca uses 8 technology products and services including Facebook Pixel, Font Awesome, Chart.js, and more. Explore Abaca's tech stack below.

  • Facebook Pixel
    Analytics
  • Font Awesome
    Font Scripts
  • Chart.js
    Javascript Graphics
  • jQuery
    Javascript Libraries
  • jQuery Migrate
    Javascript Libraries
  • Select2
    Javascript Libraries
  • WP Engine
    Platform As A Service
  • Nginx
    Web Servers

Media & News

Abaca's Email Address Formats

Abaca uses at least 1 format(s):
Abaca Email FormatsExamplePercentage
First@goabaca.comJohn@goabaca.com
47%
Last@goabaca.comDoe@goabaca.com
3%
First@goabaca.comJohn@goabaca.com
47%
Last@goabaca.comDoe@goabaca.com
3%

Frequently Asked Questions

Where is Abaca's headquarters located?

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Abaca's main headquarters is located at 317d Main St North Little Rock, Arkansas 72114 US. The company has employees across 4 continents, including North AmericaAsiaAfrica.

What is Abaca's stock symbol?

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Abaca is a publicly traded company; the company's stock symbol is ABACQ.

What is Abaca's official website and social media links?

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Abaca's official website is goabaca.com and has social profiles on LinkedIn.

How much revenue does Abaca generate?

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As of September 2024, Abaca's annual revenue reached $3.8M.

What is Abaca's NAICS code?

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Abaca's NAICS code is 52 - Finance and Insurance.

How many employees does Abaca have currently?

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As of September 2024, Abaca has approximately 27 employees across 4 continents, including North AmericaAsiaAfrica. Key team members include Chief Compliance Officer / Cfo: J. F.Vice President Of Business Development: D. M.Head Of Development: J. S.. Explore Abaca's employee directory with LeadIQ.

What industry does Abaca belong to?

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Abaca operates in the Financial Services industry.

What technology does Abaca use?

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Abaca's tech stack includes Facebook PixelFont AwesomeChart.jsjQueryjQuery MigrateSelect2WP EngineNginx.

What is Abaca's email format?

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Abaca's email format typically follows the pattern of . Find more Abaca email formats with LeadIQ.

How much funding has Abaca raised to date?

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As of September 2024, Abaca has raised $500K in funding. The last funding round occurred on Jul 01, 2020 for $500K.
Abaca

Abaca

Financial ServicesArkansas, United States11-50 Employees

Abaca is a financial and regulatory technology company that facilitates electronic payment processing, banking, lending and other financial services for the cannabis industry.

Section iconCompany Overview

Headquarters
317d Main St North Little Rock, Arkansas 72114 US
Stock Symbol
ABACQ
NAICS Code
52 - Finance and Insurance
Employees
11-50

Section iconFunding & Financials

  • $500K

    Abaca has raised a total of $500K of funding over 2 rounds. Their latest funding round was raised on Jul 01, 2020 in the amount of $500K.

  • $10M

    Abaca's revenue is in the range of $10M

Section iconFunding & Financials

  • $500K

    Abaca has raised a total of $500K of funding over 2 rounds. Their latest funding round was raised on Jul 01, 2020 in the amount of $500K.

  • $10M

    Abaca's revenue is in the range of $10M

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