“Can a cannabis vertical POS own the financial stack for an industry the mainstream banking system won't fully serve?”
Treez started in 2016 as a cannabis-focused enterprise POS and inventory platform for dispensaries. Cannabis retailers' persistent inability to access mainstream card rails pushed Treez to build an embedded fintech layer (TreezPay) around its POS — launching a proprietary ACH product (Swifter ACH), a multi-provider payments gateway with a single application (OneApp), and an embedded working-capital product with Lendica (PayLater). The current strategy is to be the payments and financing hub of cannabis retail on top of the POS, using orchestration rather than becoming a single processor.
Treez processes payments through TreezPay (self-operated), Swifter ACH Payments (self-operated) and DejaVoo. Disclosed money-movement rails: ACH.
Treez's lending and capital products are provided by Lendica.
The Embedded Finance Index 2026 maps 3 layers in Treez's stack: Payments / PSP (TreezPay (self-operated), Swifter ACH Payments (self-operated) and DejaVoo); Money movement (ACH); Lending (Lendica and PayLater Embedded Financing (up to $10,000)).
Treez was founded by John Yang and is founded in 2016, headquartered in Oakland, California, United States.
Get a read on where your own stack stands against Treez and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.