Insights

Market Leadership POSaBIT’s position as the leading cashless payment provider within the cannabis industry presents significant sales opportunities to expand its Point-of-Sale and transaction solutions to more licensed cannabis retailers seeking compliant and secure financial services.

Industry Growth With recent shifts in federal cannabis policies, including rescheduling cannabis to Schedule III, there is an expanding market of legal dispensaries and cannabis businesses that require advanced transaction infrastructure, offering substantial upsell and cross-sell potential.

Financial Performance POSaBIT’s strong quarterly revenue growth and increasing recurring revenue streams from SaaS solutions indicate a scalable business model, suggesting opportunities to target similar high-growth cannabis companies aiming for reliable, compliant payment systems.

Technology Adoption The company’s use of cutting-edge technology such as Google Cloud, reCAPTCHA, and data analytics tools signals its focus on innovation, making it an appealing partner for cannabis businesses looking to incorporate the latest secure and efficient transaction solutions.

Industry Engagement POSaBIT’s active participation in industry policy support and investor communications highlights a strategic positioning that can be leveraged to build relationships with forward-thinking cannabis operators and industry stakeholders seeking trusted financial technology providers.

POSaBIT Tech Stack

POSaBIT uses 8 technology products and services including Google AdSense, Microsoft Clarity, Google Hosted Libraries, and more. Explore POSaBIT's tech stack below.

  • Google AdSense
    Advertising
  • Microsoft Clarity
    Analytics
  • Google Hosted Libraries
    Content Delivery Network
  • Segment
    Customer Data Platforms
  • Mailgun
    Email
  • Google Cloud
    Infrastructure As A Service
  • Highlight.js
    Javascript Libraries
  • reCAPTCHA
    Security

Media & News

POSaBIT's Email Address Formats

POSaBIT uses at least 1 format(s):
POSaBIT Email FormatsExamplePercentage
First@posabit.comJohn@posabit.com
71%
FirstL@posabit.comJohnD@posabit.com
23%
Last@posabit.comDoe@posabit.com
5%
First.Last@posabit.comJohn.Doe@posabit.com
1%

Frequently Asked Questions

Where is POSaBIT's headquarters located?

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POSaBIT's main headquarters is located at 15 Lake Bellevue Drive, #101. The company has employees across 1 continents, including North America.

What is POSaBIT's phone number?

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You can contact POSaBIT's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is POSaBIT's stock symbol?

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POSaBIT is a publicly traded company; the company's stock symbol is POSAF.

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

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POSaBIT's official website is posabit.com and has social profiles on LinkedInCrunchbase.

What is POSaBIT's SIC code NAICS code?

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POSaBIT's SIC code is 7389 - Business Services, Not Elsewhere Classified NAICS code is 5112 - Software Publishers.

How many employees does POSaBIT have currently?

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As of December 2025, POSaBIT has approximately 51 employees across 1 continents, including North America. Key team members include Chief Product Officer: M. J. S.Regional Director Of Sales: I. N.Senior Controller: J. Y.. Explore POSaBIT's employee directory with LeadIQ.

What industry does POSaBIT belong to?

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POSaBIT operates in the Software Development industry.

What technology does POSaBIT use?

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POSaBIT's tech stack includes Google AdSenseMicrosoft ClarityGoogle Hosted LibrariesSegmentMailgunGoogle CloudHighlight.jsreCAPTCHA.

What is POSaBIT's email format?

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POSaBIT's email format typically follows the pattern of First@posabit.com. Find more POSaBIT email formats with LeadIQ.

How much funding has POSaBIT raised to date?

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As of December 2025, POSaBIT has raised $655K in funding. The last funding round occurred on Dec 21, 2023 for $655K.

When was POSaBIT founded?

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POSaBIT was founded in 2016.

POSaBIT

Software DevelopmentWashington, United States51-200 Employees

POSaBIT is a FinTech, working exclusively within the cannabis industry. We provide a best-in-class Point-of-Sale solution and are the leading cashless payment provider for cannabis retailers. We work tirelessly to build better financial services and transaction methods for merchants. We strive to bring cutting-edge software and technology to the cannabis industry, so that all merchants can have a safe and compliant set of services to solve the problems of a cash-only industry.

Section iconCompany Overview

Headquarters
15 Lake Bellevue Drive, #101
Phone number
SIC Code
7389 - Business Services, Not Elsewhere Classified
Stock Symbol
POSAF
NAICS Code
5112 - Software Publishers
Founded
2016
Employees
51-200

Section iconFunding & Financials

  • $655K

    POSaBIT has raised a total of $655K of funding over 9 rounds. Their latest funding round was raised on Dec 21, 2023 in the amount of $655K.

  • $25M$50M

    POSaBIT's revenue is estimated to be in the range of $25M$50M

Section iconFunding & Financials

  • $655K

    POSaBIT has raised a total of $655K of funding over 9 rounds. Their latest funding round was raised on Dec 21, 2023 in the amount of $655K.

  • $25M$50M

    POSaBIT's revenue is estimated to be in the range of $25M$50M

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