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Google (GOOG) - Cannabis Payments Platform AeroPay Raises $5M To Bolster Tech, Finance New Hires

Benzinga · last updated
Digital payments platform AeroPay has raised more than $5 million in a venture round led by Chicago Ventures. The raised money will be used to finance new hires, further developments in the cannabis industry, and new features of the product. The PlatformThe company offers payment processing for both brick-and-mortar and e-Commerce enterprises across various industries, including cannabis, retail, hospitality, and technology. In January, it partnered with a cannabis software and delivery company, Blackbird, to incorporate AeroPay’s payments platform into Blackbirds cannabis marketplace. In February, AeroPay announced it has teamed up with Olla, a cannabis retail-focused eCommerce platform to enable digital payments to eCommerce for the cannabis industry.
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