Insights

Industry Recognition Merrco Payments has recently been awarded as the Best Cannabis Payments Company by KIND Magazine, highlighting its strong reputation and credibility within the cannabis industry. This recognition can be leveraged to build trust and attract new clients seeking reliable and innovative payment solutions.

Growth in Cannabis Payments With recent US platform launches and partnerships such as Gratify and WM Technology, Merrco is expanding its reach in both Canadian and US markets. This presents a significant opportunity for sales teams to target cannabis retailers and software platforms looking for compliant, secure, and seamless payment processing.

Market Focus & Specialization Merrco’s focus on the cannabis industry, with tailored solutions including POS, online payments, and API integrations, positions it as a niche provider. Sales efforts can target cannabis businesses of all sizes seeking specialized financial services that address unique regulatory and transactional challenges.

Recent Funding & Growth With a funding of $30 million and revenue estimates between $1 million and $10 million, Merrco is investing in expanding its technological capabilities and market footprint. This makes it an attractive partner for dynamic cannabis businesses aiming for compliant and scalable payment processing solutions.

Partnership Opportunities Strategic partnerships with technology providers and retail platforms like COVA and Gratify indicate ongoing opportunities for collaborative growth. Reaching out to or establishing joint ventures with such aligned organizations could amplify sales potential and market penetration in the cannabis sector.

Merrco by KORT Payments Tech Stack

Merrco by KORT Payments uses 8 technology products and services including iCIMS, html5media, Tableau, and more. Explore Merrco by KORT Payments's tech stack below.

  • iCIMS
    Applicant Tracking Systems
  • html5media
    Audio, Video, Graphics
  • Tableau
    Business Intelligence
  • Open Graph
    Content Management System
  • Microsoft SQL Server Integration Services
    Data Integration
  • RequireJS
    Javascript Frameworks
  • HTTP/3
    Web & Portal Technology
  • Piwik PRO Core
    Web Analytics

Media & News

Merrco by KORT Payments's Email Address Formats

Merrco by KORT Payments uses at least 2 format(s):
Merrco by KORT Payments Email FormatsExamplePercentage
First.Last@merrco.caJohn.Doe@merrco.ca
100%
First.Last@merrco.comJohn.Doe@merrco.com
100%

Frequently Asked Questions

Where is Merrco by KORT Payments's headquarters located?

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Merrco by KORT Payments's main headquarters is located at 179 John Street Toronto, Ontario m5t 1x4 Canada. The company has employees across 1 continents, including North America.

What is Merrco by KORT Payments's official website and social media links?

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Merrco by KORT Payments's official website is merrco.com and has social profiles on LinkedInCrunchbase.

What is Merrco by KORT Payments's NAICS code?

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Merrco by KORT Payments's NAICS code is 52 - Finance and Insurance.

How many employees does Merrco by KORT Payments have currently?

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As of June 2026, Merrco by KORT Payments has approximately 16 employees across 1 continents, including North America. Key team members include Head Of Product: R. P.Sales Director - Regulated Payments: I. A.Director, Finance & Accounting: F. Y.. Explore Merrco by KORT Payments's employee directory with LeadIQ.

What industry does Merrco by KORT Payments belong to?

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Merrco by KORT Payments operates in the Financial Services industry.

What technology does Merrco by KORT Payments use?

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Merrco by KORT Payments's tech stack includes iCIMShtml5mediaTableauOpen GraphMicrosoft SQL Server Integration ServicesRequireJSHTTP/3Piwik PRO Core.

What is Merrco by KORT Payments's email format?

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Merrco by KORT Payments's email format typically follows the pattern of First.Last@merrco.ca. Find more Merrco by KORT Payments email formats with LeadIQ.

How much funding has Merrco by KORT Payments raised to date?

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As of June 2026, Merrco by KORT Payments has raised $30M in funding. The last funding round occurred on Oct 25, 2018 for $30M.

When was Merrco by KORT Payments founded?

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Merrco by KORT Payments was founded in 2016.

Merrco by KORT Payments

Financial ServicesOntario, Canada11-50 Employees

Positioned within the cannabis payments and fintech ecosystem, Merrco has a history that includes strategic partnerships and acquisitions that expanded its capabilities and reach in North America, including activity in Canada and the United States. The company is stated to have a substantial presence in the market, with a track record of recognition in the industry as a leading payments provider for cannabis.

Section iconCompany Overview

Headquarters
179 John Street Toronto, Ontario m5t 1x4 Canada
Website
merrco.com
NAICS Code
52 - Finance and Insurance
Founded
2016
Employees
11-50

Section iconFunding & Financials

  • $30M

    Merrco by KORT Payments has raised a total of $30M of funding over 1 rounds. Their latest funding round was raised on Oct 25, 2018 in the amount of $30M.

  • $1M$10M

    Merrco by KORT Payments's revenue is estimated to be in the range of $1M$10M

Section iconFunding & Financials

  • $30M

    Merrco by KORT Payments has raised a total of $30M of funding over 1 rounds. Their latest funding round was raised on Oct 25, 2018 in the amount of $30M.

  • $1M$10M

    Merrco by KORT Payments's revenue is estimated to be in the range of $1M$10M

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