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Fintech Marks May with More Than 8,700 New Relationships, 39 New Distributors Totaling 1.8 Million Invoices Processed Nationwide

Fintech Marks May with More Than 8,700 New Relationships, 39 New Distributors Totaling 1.8 Million Invoices Processed Nationwide

Tampa, FL, June 18, 2015 – Processing more than 1.8 million invoices for alcohol deliveries in the month of May, Fintech continues to provide data and electronic payments for customers nationwide. This accomplishment is the result of servicing over 325,000 relationships and 2,300 alcohol distributors across the country, and reflects the addition of more than 8,700 new relationships in May.
 
Fintech also welcomed the following relationship additions to its payment and data solution in May:
 
Aloha Petroleum
New Fintech customer, Aloha Petroleum, rolled out stores on Fintech’s electronic payment and data solution with 82 relationships added in May. Aloha Petroleum Home Page
 
Barcelona - Reston
Connecticut restaurant and part of Barteca Restaurant Group, Barcelona, enrolled its Reston location on Fintech. In May, Barcelona added 23 relationships to their Fintech account. Barcelona Home Page
 
Minyard Food Stores
Texas-based grocer, Minyard Food Stores, began utilizing Fintech at its stores, adding 47 relationships in May. Minyard Food Stores Home Page
 
RMH Franchise
Fintech customer and Applebee’s franchisee, RMH Franchise, increased its Fintech use by adding 336 relationships to numerous restaurant locations.  Applebee’s Home Page
 
Seven Lions
Chicago restaurant, Seven Lions, implemented Fintech for the restaurant, adding 18 relationships in the month of May. Seven Lions Home Page
 
Walmart
During the month of May, Walmart, the world’s largest retailer, added 281 relationships in numerous states to Fintech’s electronic data and payment program.Walmart Homepage
 
Weaver Street Market
Community-owned grocery, Weaver Street Market, recently brought their locations onboard Fintech. The North Carolina based co-op added 64 relationships to Fintech in May. Weaver Street Market Home Page
 
Fintech also welcomed numerous chains and independent retailers in the month of May.
 
39 New Fintech Distributors
May marked another busy month with 39 distributors launching Fintech’s OneSource solution for their alcohol invoices. Fintech provides customized invoice information and electronic payments for distributors of all sizes, including craft brewers, small batch distilleries, boutique wineries and large beer wholesalers. Fintech enables distributors to streamline business processes and guarantee payment is received in full and on time.
 
Distributors that enrolled in Fintech in the month of May include:
 
Doll Distributing
Iowa Fintech distributor giant, Doll Distributing, recently acquired Hagen Beverage Distributing in Worthington, Minnesota, and is now operating on Fintech for all house locations in Minnesota and Iowa. Doll Distributing Home Page
 
Frank Beverage Group
A leading Wisconsin beer, wine and spirits distributor since 1934, Frank Beverage Group has joined Fintech for electronic payment processing and data services with its operating companies Frank Beer Distributors, Frank Liquor Company and La Crosse Beverage.  Frank Beverage Group Home Page
 
Piedmont Wine Imports
North Carolina wine distributor, Piedmont Wine Imports, focuses on wines from Europe. The boutique wine company has joined Fintech to simplify business processes with its electronic data and payment solution. Piedmont Wine Imports Home Page
 
For more information on distributors currently using Fintech, please click here.
 
Click here to view a full list of retailers and distributors using Fintech’s service around the country.
 

About Fintech
Fintech, a U.S. Chamber of Commerce Best Business of the Year winner located in Tampa, Florida, provides electronic data and payments to the alcohol industry, eliminating the need to pay alcohol purchases by cash, check, or money order and simplifying data into actionable reporting that helps businesses make smarter purchases. Fintech is the only EFT provider that is compliant and available for use in all fifty states and now works with more than 2,300 alcohol distributors to serve over 325,000 relationships nationwide. For more information visit www.fintech.net and follow us on FacebookTwitterLinkedIn, and Fintech’s Blog.

Media contact: Emily Carbone - ecarbone@fintech.net - 800.572.0854 x 3887