News from Fintech

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Fintech in the News

Fintech Welcomes New Customers, Adding More than 11,400 Relationships and 71 New Distributors in August

Tampa, FL, September 13, 2017 – Processing $2.4 billion in payments for its beverage alcohol retailers and distributors in August, 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 11,400 new relationships in August 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 Aldi, Kroger, Darden Restaurants, Sheetz, and Target 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 unrivaled distributor coverage.

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

Bar Mercado
Atlanta Mexican restaurant Bar Mercado adopted Fintech in August to streamline alcohol purchases.

BP West Coast Products
With stores in California and Washington, BP West Coast Products launched Fintech’s OneSource solution at all locations in the month of August. 

S & S Petroleum
Washington-based convenience store chain S&S Petroleum implemented Fintech for its locations in August.

Village Burger Bar
Village Burger Bar, a Texas casual restaurant chain, brought its locations onto Fintech in August.

In addition, Fintech also welcomed hundreds of independent retailers in the month of August.

71 New Fintech Distributors
Seventy-one distributors adopted Fintech’s regulated commerce solution to increase operational efficiencies and simplify collections during the month of August. 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 August include:

Joseph M. Faris Distributin
Pennsylvania beer distributor Joseph M. Faris Distributing adopted Fintech to simplify payment and business processes.  

Last Name Brewing
California craft brewer Last Name Brewing has joined Fintech’s OneSource for its alcohol deliveries.

Rapp Distributing
Washington, D.C. wine and spirits distributor Rapp Distributing 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®, the leader in data and electronic payment for alcohol purchases, provides a OneSource® solution assisting retailers and distributors in managing their beverage alcohol business. With a comprehensive suite of products and services, Fintech provides insight into purchasing habits and product cost, resolution through reconciliation, purchase order and credit tools, and an avenue for the seamless exchange of data. Servicing over 470,000 relationships and 3,200 distributors, Fintech processes over 500,000 invoices weekly, representing $26 billion in payments annually.

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