On this episode I speak withTyler Beuerlein Chief Strategic Enterprise Improvement Officer at Protected Harbor Monetary.
We cowl a wide range of matters, together with
- Coping with regulators as a hashish monetary establishment
- What transparency means in hashish monetary companies
- Regulators; Does the FDIC “Simply wing it?”
- Wall St and regulators coming to hashish monetary consultants to know how the sector actually works
- Sure…. Protected banking! Is it extra related?
- Visa & MasterCard
- Regulation enforcement methodologies and tips on how to impact lending to authorized hashish companies
- When you do it in hashish, are you able to do it in something?
- The enterprise and finance of hashish and unintended penalties
In his function at Protected Harbor Monetary as Chief Strategic Enterprise Improvement Officer, Tyler leverages his intensive expertise in constructing manufacturers, managing key relationships and strategic partnerships. Tyler has been on the entrance strains of the hashish trade for over eight years and touches Monetary Establishments, Authorities Officers, Regulatory Our bodies and the State's Authorized Hashish trade.
That is what Protected Harbor says about itself
Protected Harbor Monetary Companies has been a frontrunner within the hashish banking area since launching the Colorado market in 2014. My function with the corporate touches all points of the enterprise. I spent virtually eight years with Hypur, Inc. on the monetary companies of the hashish trade earlier than becoming a member of the Protected Harbor group. The relationships and trade information gained throughout that point will assist information our strategic initiatives as Protected Harbor enters the general public area. When you want monetary companies or want steerage, please don’t hesitate to contact me straight. E-mail: [email protected]
Your Hashish Banking Associate
We imagine that every one hashish companies ought to have entry to secure, safe and clear monetary companies. Constructed on trendy expertise hosted within the cloud by banking and compliance consultants, Protected Harbor's digital industrial banking options make banking hashish simple.
Our Mission
To empower the hashish trade with progressive monetary companies, giving hashish companies the liberty to develop and succeed whereas increasing entry to hashish of their communities.
Our Imaginative and prescient
Protected Harbor Monetary is an skilled navigator and pioneer of innovation, main the best way and selling clean navigation by means of the complicated sea of hashish banking, all whereas sustaining belief and transparency for all shoppers and associate monetary establishments.
Our Historical past
Protected Harbor Monetary was conceived in 2015 as an answer to a serious downside plaguing the nascent legalized hashish trade in Colorado – entry to dependable and compliant monetary companies.
As soon as SHF addressed native Colorado points surrounding underbanking and trade contributors turned unbanked, shoppers started searching for out-of-state licenses—main SHF to handle the identical points on the nationwide degree.
Because of this, Protected Harbor now gives banking, fee and lending companies to licensed hashish and accent companies nationwide.
Regular success navigation
Since its inception, Protected Harbor has processed greater than $12 billion in cannabis-related funds within the monetary system with the best degree of monitoring and validation. SHF has efficiently accomplished 16 state and federal exams with out interruption of companies.
Protected Harbor's portfolio consists of almost 600 accounts managed by 13 non-public bankers. The portfolio has been methodically constructed to make sure continuity of service whereas below nice regulatory scrutiny. Annual deposits/money circulate in 2021 have been about $4 billion.
Protected Harbor has had a terrific historical past of securing and retaining prospects with its present worth proposition.
On the finish of 2021, Protected Harbor Monetary acquired fintech Abaca, an entire hashish monetary and banking platform. This strategic integration has allowed us to deliver even higher worth to our prospects by means of proprietary expertise and confirmed partnerships.
The home
