Dama Financial
Cannabis banking and cash-management platform from LeafLink, with FDIC-insured partner accounts, credit cards, and business funding.
Dama Financial (now Dama Financial by LeafLink) is a cannabis-focused fintech that partners with FDIC-insured banks to deliver business checking and savings, payments (ACH, wire, check), cash logistics (smart safes and armored pickup), debit/credit cards, and business funding of up to $250,000. Founded in 2016 by banking and payments veterans and acquired by LeafLink in 2024, Dama is not itself a bank — LeafLink Financial Services, LLC provides services under the Dama brand via partners including OMB Bank, First Option Bank, and Dart Bank. The platform emphasizes compliance-first onboarding, BSA/AML and FinCEN-aligned reporting, dedicated relationship managers, and 24/7 online banking for licensed cannabis operators nationwide.
At a glance
- Starting price
- Custom
- Category
- Banking
- Cannabis focus
- Cannabis Specialized
- Founded
- 2016
- Company size
- Mid-market
What it does
- FDIC-insured cannabis business banking via partner banks
- Smart safes, armored cash, ACH, wires, and cards
- Business funding and vendor due diligence for operators
Key features
FDIC-insured partner bank accounts · Business checking & savings · ACH, wire, and check payments · Smart safes with provisional credit · Armored cash pickup & deposit · Business debit & credit cards · Business funding up to $250K · Vendor payee due diligence · 24/7 online & mobile banking · Real-time account monitoring & alerts · Dedicated relationship manager · Interest-bearing accounts
Best fit
Retailers, Cultivators, Distributors, Operators
Who is it for?
Licensed dispensaries that need stable FDIC-insured accounts, cash pickup or smart safes, and day-to-day ACH/wire/check payments without surprise shutdowns.
Plant-touching operators managing high cash volume who need compliant deposits, vendor payouts, tax payments, and expense cards built for cannabis.
Brands and retailers already on LeafLink who want banking that sits alongside wholesale ordering, payments, and supply-chain workflows under one ecosystem.
Labs, consultants, investors, and other cannabis-adjacent firms that struggle to keep traditional bank accounts when cannabis-related funds flow through.
Licensed businesses applying for up to $250,000 in financing plus credit cards to fund inventory, expansion, or operating expenses.
Integrates with
Markets served
Dama Financial lists availability in 22 states: CA, CO, MI, IL, MA, OR, WA, NV, AZ, FL, NJ, NY, MD, OH, PA, MO, OK, HI, NM, CT, MN, VA.
Frequently asked
- What is Dama Financial?
- Dama Financial (now Dama Financial by LeafLink) is a cannabis-focused fintech that partners with FDIC-insured banks to deliver business checking and savings, payments (ACH, wire, check), cash logistics (smart safes and armored pickup), debit/credit cards, and business funding of up to $250,000. It is listed on CannaStack under Banking software for cannabis operators.
- How much does Dama Financial cost?
- Dama Financial does not publish list pricing; quotes are custom and depend on locations, entities, and modules.
- Who is Dama Financial best for?
- Dama Financial is positioned for Retailers, Cultivators, Distributors, and Operators. Its core capabilities are fDIC-insured cannabis business banking via partner banks, smart safes, armored cash, ACH, wires, and cards, and business funding and vendor due diligence for operators.
- What does Dama Financial integrate with?
- Dama Financial lists integrations with LeafLink, OMB Bank, First Option Bank, and Dart Bank. Each of those platforms is also listed on CannaStack, so you can check both sides of an integration before committing.
Listing last reviewed .