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Cannabis Fintech Provider Shield Compliance Boosts Market Leadership

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Demand for cannabis banking services continues to grow, creating new revenue opportunities for financial institutions.

SEATTLE, March 16, 2022 /PRNewswire/ — Shield Compliance (https://www.shieldbanking.com/), a compliance management solution for cannabis banking, continues its rapid growth trajectory, achieving more than 220% year-over-year revenue growth in 2021 and more than doubling the number of financial institutions on its platform. These institutions collectively serve more than 2,300 cannabis-related businesses (CRBs), a nearly 250% growth. Shield also expanded its footprint with new clients in Maine, Missouri, New Mexico, Oklahoma, Oregon, and Puerto Rico.

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