More than 99 percent of Arizona's businesses are considered small with more than 40 percent of Arizona employees working for small businesses, according to the U.S. Small Business Administration.
A study by Civic Economics found that when $100 is spent at a locally-owned business, that business puts $47 back into the local economy while the total is just $13 for non-local businesses.
Licenses issued by Arizona Department of Financial Institutions during Q4
| License Holder | License Type | Issued Date | License Number |
|---|---|---|---|
| TouchPay Holdings, LLC, Phoenix, AZ Branch | Money Transmitter | 2020-10-09 | MT-BR-1013411 |
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