Confia Announces Financial Services Partnership with Eaze

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The Cannabis Industry’s Leading Technology Resource for Financial Services and Compliance Partners with Eaze’s Award-Winning Momentum Program to Deliver Affordable Banking Access

Irvine, Calif., 02 Dec. 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Confia (“Confia” or the “Company”), the leading technology platform for financial compliance, B2B/B2C transactions and secure banking services designed for the cannabis industry, today announced that the Company has will partner with Eaze’s Momentum Business Accelerator as a preferred partner providing financial services to program participants and alumni.

Launched in 2019 and now accepting applicants for its third class, Momentum cultivates the growth and success of underrepresented cannabis business founders by providing access to grants, education and capital. Participants enrolled in the program receive a $50,000 grant, a 12-week business development program led by industry experts, and support from Eaze’s sales, marketing, legal, and public relations resources. After the 12-week program, participants pitch their companies to industry-defining investors for the opportunity to raise additional funding.

“We are thrilled to support Momentum and give back to the cannabis community by helping underrepresented founders access hard-to-find financial services,” said Confia Founder and CEO Mark Lozzi. “We work to uplift deserving small businesses and leaders who have faced inequality and provide them with compliant and affordable financial services. This is an exciting opportunity to create a thriving trusted ecosystem for entrepreneurs growing their business. »

“Access to capital and banking services is an ongoing challenge for cannabis entrepreneurs,” said Jennifer Lujan, director of social impact at Eaze. “Confia’s support of underrepresented founders will help Momentum participants grow and succeed. We welcome Confia to the Momentum family and thank them for their generosity.

Under the terms of the partnership, Confia will offer Momentum participants and alumni preferred banking terms, access to financial planning resources, and banking fees of just $250 per month. In addition, Confia will financially sponsor Momentum’s grant program and host financial services workshops throughout the year.

The qualification requirements to apply for the Eaze Momentum program are available at eaze.com/momentum.

Launched in 2021, Confia’s platform supports all complex compliance requirements in real time, benefiting businesses and consumers. Confia is also expanding into the East Coast market in an effort to help cannabis businesses (and consumers) in new medical and adult states looking to expand their operations.

For more information about Confia and to learn more about the platform, visit https://www.confia.io/

About Confia

Confia, operating as dba for PointChain, is a financial transaction platform that provides the cannabis industry with digital banking and cash management services, bill payment, unlimited B2B payments, API-powered payment that serves both business and consumer, and lending solutions. Confia processes payments in real time, and the platform contains ongoing compliance features and offers trusted relationships with other member companies and customers. For more information, visit www.confia.io.

About Eaze

Eaze delivers well with the goods. As the nation’s largest cannabis delivery marketplace, we bring delight and convenience to our customers, remove barriers to access, and cultivate community in everything we do. With nearly eight million cannabis shipments to date, we are committed to building a more diverse and sustainable industry through our Momentum Business Accelerator and Social Equity Partner Program. www.eaze.com.

Media Contact:

Cassandra Dowell

CMW Media

858-264-6600

[email protected]

www.cmwmedia.com

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