# Dama Financial by LeafLink®

> Dama Financial by LeafLink is a U.S. cannabis banking program connecting licensed operators to accounts at partner banks. It coordinates cash logistics, payment workflows and specialized compliance. LeafLink acquired the assets of Dama’s banking division in 2024 and offers it alongside wholesale commerce tools.

- **Founded:** 2016
- **Headquarters:** South San Francisco, United States
- **Founders:** Anh Hatzopoulos (Co-founder and former CEO), Dan Henry (Co-founder), George Gresham (Co-founder)
- **Products:** Premier business accounts, Cash management, Credit and business funding, Payroll, Compliance and servicing
- **Notable:** Dama reported more than $2 billion in cumulative transaction value and a presence in 12 states in April 2021., LeafLink cited more than $3 billion in cumulative transactions and service in more than half of cannabis-legal U.S. states in July 2024., Confia cannabis banking customers transitioned to Dama by LeafLink in 2025.

## Products & services

- **Premier business accounts** — Checking and savings through FDIC-member partner banks, with online access and ACH, wire and check payments.
- **Cash management** — Armored courier pickup and smart safes with deposit tracking and possible provisional credit.
- **Credit and business funding** — Credit cards and financing options, including advertised applications up to $250,000, subject to eligibility and terms.
- **Payroll** — Partner-powered payroll integration plus batch ACH and check options for account holders.
- **Compliance and servicing** — Customer due diligence, approved-payee review, transaction monitoring and support alongside partner-bank requirements.

## Achievements

- Dama reported more than $2 billion in cumulative transaction value and a presence in 12 states in April 2021.
- LeafLink cited more than $3 billion in cumulative transactions and service in more than half of cannabis-legal U.S. states in July 2024.
- Confia cannabis banking customers transitioned to Dama by LeafLink in 2025.

## Latest updates

- **2026-08** — Account application terms named First Option Bank and Dart Bank as FDIC-member partners.
- **2025-09** — LeafLink partnered with Confia and transitioned its cannabis banking customers to Dama.
- **2025-04** — LeafLink offered eligible new Dama seller accounts a temporary maintenance-fee waiver through 2025.
- **2024-07** — LeafLink acquired Dama’s banking assets; remaining product lines continued under GrowFlow.

## Links

- Website: https://www.leaflink.com/banking/
- LinkedIn: https://www.linkedin.com/company/dama-financial/

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Published by YesPress — https://yespress.io
Last updated: 2026-09-28