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Annapolis, Maryland based provider of KYC solutions tailored to the cannabis industry, with a focus on increasing the transparency of payments and transactions, has raised $850k in Series Seed funding led by B&B Partners.
"Solvents long term goal is to fully integrate our products into the entire transactional process. To get there, we believe it's important to tackle specific challenges that our country currently faces, such as cannabis, and progress outward from there. This allows Solvent to establish our value proposition with our banking partners and begin creating strategic relationships in markets that would allow us to leverage our technologies to serve other industries," said Solvent Co-Founder & CEO Tony Richards.
https://finance.yahoo.com/news/fintech-startup-solvent-revolutionizing-banking-140000197.html
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