Monarch Technologies - aVenture Asset Manager Research
Location
Limassol, Limassol District, CY
Founded
2019
Monarch technologies Inc. is a fully licensed money transmittal service and certificate NACHA Third Party Sender with multiple financial institutions. Currently we are operating as a fintech payments service provider for the legitimate cannabis industry, serving B2C, B2B and governmental agencies. We have developed a proprietary business banking compliance platform called Monarch. Monarch was built after years of industry research, client frustration, misunderstandings of how to handle compliance, taxation and payments in the cannabis industry.
After analyzing and diagnosing the banking industry and practices, we've identified the need to solve these issues with a compliance driven SaaS platform. The intention being to reduce the risks involved for the cannabis business owner as well as for financial institutions to successfully underwrite, on board and provide continued compliance, cash management, merchant processing and taxation services to too all sectors of licensed Cannabis operators.
Monarch Technologies - Classification
Also Known As
Monarch Technologies, Inc
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
8700Engineering, Accounting, Research, Management, And Related Services
8740Management And Public Relations Services
8742Management Consulting Services
Show 4 more industry codes
SIC
6000Depository Institutions
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities
6282Investment Advice
Monarch Technologies
Operating Status: Operating
Monarch Technologies: A licensed fintech providing compliant payment solutions for the cannabis industry.