News from Fintech

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Fintech in the News

Fintech Ends June by Adding More Than 12,400 New Relationships and a Record 71 New Distributors, and Processing Over 2.2 Million Invoices Nationwide

Tampa, FL, July 20, 2016 – Processing over two million, two hundred thousand invoices for its beverage alcohol retailers and distributors in June, 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 12,400 new relationships in June.

 

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

Brinker International
Multi-concept restaurant company Brinker International added 131 relationships to Fintech in June, including locations of Chili’s Grill & Bar and Maggiano’s Little Italy.

CVS/Revco Pharmacies
CVS/Revco Pharmacies, one of the largest pharmacy chains in the United States, continued to open new locations and added 242 relationships in June.

Outback Steakhouse
Long time Fintech client Outback Steakhouse increased their utilization of Fintech’s OneSource solution, bringing on an additional 52 relationships in June.

 

Sheetz

Convenience store chain Sheetz added 149 Fintech relationships in June.

Walmart
During the month of June, Walmart launched 783 Fintech relationships in numerous states. 

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

71 New Fintech Distributors
A record setting seventy-one distributors adopted Fintech’s regulated commerce solution to simplify collections and increase efficiencies in the month of June. 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 June include:

Elk Mountain Brewing
Colorado-based craft brewer Elk Mountain Brewing recently adopted Fintech to simplify payment and business processes.

Seattle Cider Company
Seattle Cider Company, operating the first cidery in Seattle since Prohibition, has joined Fintech’s OneSource.

Silver Spirits Inc.
Ohio Contract Liquor Agency (CLA) Silver Spirits Inc. has joined Fintech for electronic payment processing and data services.

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, LinkedIn, and Fintech’s Blog.

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