Michael J. Sinnwell, Jr.

Michael J. Sinnwell, Jr. serves as the Chief Payments Officer at POSaBIT Systems Corporation, a company specializing in payment solutions for the cannabis industry. He joined the executive team during a period of significant growth for the company, which has seen its revenues double for five consecutive years.1

Professional Background

Sinnwell has a strong background in payments and product management. Before his role at POSaBIT, he held various positions that honed his expertise in financial technology and operations. His leadership is noted for driving innovation and strategic growth within the organization.34

Contributions to POSaBIT

Under Sinnwell's leadership, POSaBIT has expanded its payment services significantly. The company reported impressive financial results, including a total revenue increase of 134% in 2022 compared to the previous year, with substantial growth in transactional sales.1 His role is pivotal in navigating the complexities of payment solutions tailored for the cannabis sector, which faces unique regulatory challenges.

Personal Attributes

Sinnwell is recognized not only for his professional capabilities but also for his work ethic and dedication to his role. Colleagues have described him as hardworking and knowledgeable, contributing to a positive work environment at POSaBIT.2

In summary, Michael J. Sinnwell, Jr.'s leadership as Chief Payments Officer is instrumental in POSaBIT's ongoing success and innovation within the cannabis payment processing landscape.