News from Fintech

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Fintech in the News

Fintech Welcomes New Customers, Adding More than 11,200 Relationships and 56 New Distributors in June

Tampa, FL, July 19, 2017 – Processing $2.4 billion in payments 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. Important developments included welcoming a number of new clients with locations across the nation.

 

The addition of more than 11,200 new relationships in June adds to the company’s total of more than 450,000, processing with over 3,200 alcohol distributor partners.  Several leading national retail chains and long-time Fintech clients including Walmart, Target, Darden Restaurants and Murphy Oil continued using Fintech OneSource to increase efficiency and profitability by onboarding new locations.

Welcome to Fintech!
Fintech also welcomed numerous new clients attracted by top notch customer service and distributor coverage.

 

New clients selecting Fintech’s OneSource® solution in June included the following:

91 Restaurant Group
Ohio restaurant 91 Wood Fired Oven launched Fintech’s OneSource solution in the month of June. 

Delta Sonic Carwash
New York-based carwash and convenience store Delta Sonic launched Fintech at its locations.

 

HuHot Mongolian Grill 
With locations across the country, HuHot Mongolian Grill began utilizing Fintech in June.

InterContinental Los Angeles Downtown  
New IHG property InterContinental Los Angeles Downtown implemented Fintech during the month of June.

Steak 48 Chicago 
Upscale steakhouse Steak 48 launched Fintech at its Houston and Chicago restaurants during the month of June.

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

56 New Fintech Distributors
Fifty-six distributors adopted Fintech’s regulated commerce solution to increase operational efficiencies and simplify collections during 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:

European Wine Resource
Wine distributor European Wine Resource, located in California, adopted Fintech to simplify payment and business processes.  

Mount Shasta Bottling & Distributing

California beer distributor Mount Shasta Bottling & Distributing has joined Fintech’s OneSource for its alcohol deliveries.

Oak Spring Winery

Pennsylvania wine distributor Oak Spring Winery has implemented Fintech electronic payment processing for its alcohol invoices.

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 450,000 relationships and working with over 3,200 distributors, Fintech processes over 500,000 invoices weekly, representing $25 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