News from Fintech

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Fintech in the News

Fintech Ends July by Adding More Than 13,700 New Relationships and 57 New Distributors, and Processing Over Two Million Invoices Nationwide

Tampa, FL, August 9, 2016 – Processing over two million invoices for its beverage alcohol retailers and distributors in July, Fintech continues to set the pace in providing the OneSource® solution for beverage alcohol customers nationwide. This accomplishment is the result of servicing over 425,000 relationships and 2,800 alcohol distributors across the country and reflects the addition of more than 13,700 new relationships in July.

 

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

New Seasons Market
New Fintech client New Seasons Market launched Fintech’s OneSource solution in its stores, bringing on 740 relationships in July.

Peter Piper Pizza
Pizza restaurant chain Peter Piper Pizza added 31 relationships to Fintech in July.

 

Shake Shack Enterprises
Shake Shack Enterprises, a burger and milkshake restaurant chain, continued to roll out new locations and added 56 relationships in July.

 

Stripes
Convenience store chain Stripes added 251 Fintech relationships in July.

Walmart
During the month of July, Walmart launched 647 Fintech relationships in numerous states.  

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

57 New Fintech Distributors
Fifty-seven distributors adopted Fintech’s regulated commerce solution to simplify collections and increase efficiencies in the month of July. Fintech provides customized invoice information and electronic payments for distributors of all sizes, including craft brewers, small batch distilleries, boutique wineries, and the nation’s largest beer, wine, and spirits wholesalers. Fintech enables distributors to streamline business processes and receive every payment in full and on time.

Distributors that enrolled in Fintech in July include:

Dry County Distillery
Washington state craft spirits distributor Dry County Distillery recently adopted Fintech to simplify payment and business processes. The distillery produces rum, vodka, gin and other spirits which are carried in stores including Costco.

R&R Wine Marketing
California-based winery R&R Wine Marketing  has joined Fintech’s OneSource and working with retailers including Atrium Hotels.

Vanguard Brewing
Oregon craft beer distributor Vanguard Brewing has joined Fintech for electronic payment processing and data services. Vanguard’s beer can be found in retail outlets including Loyal Legion Portland, Pizza Schmizza and Lardo North.

Click here to view a 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 425,000 relationships and working with over 2,800 distributors, Fintech processes over 500,000 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, and LinkedIn.

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