BONITA SPRINGS, Fla. – For the 2025 financial year, Green Check reported more than $1.7 billion in average monthly verified deposits (54 percent year-over-year growth) and expanded its ecosystem of cannabis-related businesses (CRBs) to more than 17,500 (35 percent year-over-year growth). The provider of infrastructure powering compliant commerce in the legal cannabis industry attributed the strong results primarily to new strategic partnerships, product innovation, and the rapidly expanding CRB ecosystem.
New managed services and Portfolio Management 2.0 updates
In the third quarter, the company introduced Green Check Managed Services, providing financial institutions with hands-on operational support to scale cannabis banking programs efficiently without straining internal resources. In addition, Green Check revamped its portfolio management solution with the release of Portfolio Management 2.0, featuring new customer-acquisition features, growth-oriented reporting, and an enhanced user interface for easily digestible data analysis.
Compliance verification and platform enhancements
New platform features also included integrated Beneficial Ownership and know-your-business/know-your-customer (KYB/KYC) verification to further streamline compliance processes. The upgraded platform enables financial institutions to act on powerful insights that drive growth and strengthen compliance, delivering clearer visibility into performance, risk, and expansion opportunities.
Strategic partnerships expand the end-to-end ecosystem
Growth additionally was fueled by several strategic partnerships, including collaborations with Lüt, Plaid, RiverBank and Würk. Together, these partnerships expand Green Check’s end-to-end financial ecosystem, delivering compliant payments, secure data access, workforce-management solutions, and deeper integrations with financial institutions.
“2025 was a big year for Green Check, and it’s been incredibly rewarding to see how far we’ve come,” said founder and Chief Executive Officer Kevin Hart. “With ongoing regulatory uncertainty, both financial institutions and CRBs are looking for clarity and solutions — both operationally and from an education standpoint. The growth of our CRB ecosystem and the quality of the partners joining it reflect the trust we’ve built and our shared commitment to helping the industry operate and grow compliantly.”
Industry awards and recognition in 2025
The company’s momentum continues to earn industry recognition, including being awarded “Best Regtech” by the FinTech Breakthrough Awards for the second consecutive year and American Banker’s Best Places to Work in Fintech for the fourth year in a row, as well as inclusion on the Forbes Cannabis 42.0 List for the third year and the Inc. 5000 list. Additionally, Green Check was named “Best as-a-Service Solution – Regulation & Compliance” by the Banking Tech Awards USA 2025, and received “Financial Services of the Year” honors at the 2025 EMJAYS International Cannabis Awards.
“As we look ahead to 2026, our plan is to continue supporting highly-regulated industries the best way we know how, by compliantly connecting businesses with the right financial partners so they can operate at their best, grow with confidence, and make a meaningful impact in their local communities,” said Hart.
About Green Check
Green Check is modernizing the way cannabis businesses and financial institutions work together. Founded in 2017 by a team of technology, banking, and regulatory experts, the firm provides technology, advisory services, and data-driven insights to more than 185 financial institutions and 17,500 cannabis-related businesses. Green Check repeatedly has been recognized as Top Compliance Company and Top Compliance Leader at the cannabis-related PBC Awards.
