News from Fintech

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Fintech in the News

Fintech Kicks Off 2016 by Adding More Than 7,700 New Relationships, and 38 New Distributors and Processing Over 1.8 Million Invoices Nationwide

Tampa, FL, February 10, 2016 – Processing over 1.8 million invoices for alcohol deliveries in January, Fintech continues to set the pace in providing the OneSource® solution for beverage alcohol customers nationwide. This accomplishment is the result of servicing over 375,000 relationships and 2,500 alcohol distributors across the country, and reflects the addition of more than 7,700 new relationships in January.

Customers increasing their use of Fintech’s solutions in January included the following:

CraftWorks Restaurants & Breweries

Multi-brand restaurant operator CraftWorks Restaurants & Breweries added 86 relationships to Fintech in January.  

Darden Restaurants
Darden Restaurants rolled out its Longhorn Steakhouse, Olive Garden, Bahama Breeze and Seasons 52 restaurant concepts to benefit from Fintech’s OneSource solution, adding a total of 718 relationships in January. 

Mid-Atlantic / Tiger Mart Convenience Stores
Mid-Atlantic/Tiger Mart Convenience Stores rolled out its stores on Fintech, adding 80 relationships in January.  

Walmart
During the month of January, Walmart launched 343 Fintech relationships in numerous states.  

Willie’s Grill & Icehouse
Texas-based restaurant chain Willie’s Grill & Icehouse launched Fintech at its new locations, adding 40 relationships in January.

Fintech also welcomed hundreds of independent retailers in the month of January.

38 New Fintech Distributors
Thirty-eight distributors adopted Fintech’s regulated commerce solution to simplify receipts and increase efficiencies in the month of January. 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 receive every payment in full and on time.

Distributors that enrolled in Fintech in January include:

Bay Area Distributing
Beer distributor Bay Area Distributing Company has joined Fintech for electronic payment processing and data services. 

Frost Beer Works
Vermont craft brewer Frost Beer Works recently launched Fintech to simplify payment and business processes.

Gallo Wine Sales
Wine distributor Gallo Wine Sales of New Jersey has implemented Fintech's OneSource.

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, is the OneSource® solution for your beverage alcohol business.  Not only does our platform provide user-friendly data and analytic reporting to equip businesses with powerful purchasing knowledge, we also act as a strategic advisor, connect and grow businesses through industry partnerships, and provide electronic payments to save alcohol retailers and distributors time and money. Fintech is the only EFT provider that is compliant and available for use in all fifty states. Servicing over 375,000 relationships and working with over 2,500 distributors, Fintech processes over 450,000 invoices weekly, representing $23 billion in payments annually. For more information on our new products & services, visit www.fintech.net and follow us on Facebook, Twitter, LinkedIn, and Fintech’s Blog.

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

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