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Average ratingGreat
4.2/ 5

Based on 9 reviews

544%
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322%
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What reviewers say about Tokken

Generated with AI from 9 reviews on Trustburn · updated 34 days ago

Customers frequently praise Tokken's user-friendly website and responsive, helpful customer support team, with several reviewers expressing strong satisfaction and willingness to recommend the service, though a couple noted the experience was only average.
What does Tokken do?

Founded in 2016, Tokken grants online banking privileges to cash-intensive industries like cannabis, offers safe payment methods to consumers, and provides a compliance platform to partner banks, using a blockchain ledger and proprietary compliance program to mitigate money laundering risk. The company was inspired by CEO Lamine Zarrad's experience as a bank regulator in Colorado.

What are the most common complaints about Tokken?

The most common complaint mentioned in the reviews is that the product offerings were underwhelming, with one customer noting they expected more from the products despite finding the website and customer service satisfactory.

AI-generated from reviews on this page. Verify anything important with the company directly.

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About Tokken

Founded in 2016, Tokken grants online banking privileges to cash-intensive industries like cannabis, safe payment methods to consumers, and a robust compliance platform to partner banks. CEO Lamine Zarrad was inspired to create Tokken after noticing inefficiencies while working as a bank regulator in Colorado.

These industries need access to banking in order to grow, and customers want a private and safe way to purchase products without always relying on cash. Banks are concerned about evolving state and federal regulations and eager to avoid the inherent risk of money laundering associated with these industries.

Tokken eliminates the risk of money laundering by creating a virtual barrier to cash transactions. Using an indelible Blockchain ledger to ensure data integrity and a proprietary compliance program based on structured analytic techniques, Tokken is designed to comply with every relevant regulatory requirement and provide a sustainable banking solution for cannabis and other businesses.

Website
tokken.com
Address
383 corona street