News from Fintech

Click here to view the Fintech Focus newsletter archive and read about changes to alcohol regulations, new product offerings, and trends within the industry.

Fintech in the News

Fintech Welcomes New Customers, Adding More than 12,300 Relationships and 49 Distributors in June.

Tampa, FL, July 10, 2018 – Processing $2.4 billion in payments for its beverage alcohol retailers and distributors in June, Fintech continues to lead the industry in providing regulatory information and a comprehensive OneSource® solution for nationwide beverage alcohol management. Important developments included welcoming a number of new clients with locations across the country.
 
The addition of more than 12,300 new relationships in June adds to the company’s total, now exceeding 510,000, processing with over 3,500 alcohol distributor partners. Several leading national retail chains and long-time Fintech clients including Piggly Wiggly, Cinepolis, Chevron, Walgreens, Buffalo Wild Wings, Fuzzy's Taco Shop, and Embassy Suites 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, profit-building analytics, and unrivaled distributor coverage.
 
New clients selecting Fintech’s OneSource solution throughout June included:
 
Stoney Creek Hospitality
Stoney Creek Hospitality chose Fintech in June to help manage their beverage alcohol category.

Icebox Cafe
Icebox Cafe is based in Miami Beach and known for its fresh, seasonal menus and award-winning desserts. Last month they joined Fintech to help streamline their alcohol purchasing processes.

Clark's Fish Camp
Clark's Fish Camp is known for their quality seafood and their unique collection of taxidermy decor. They've chosen to launch Fintech’s PaymentSource™ solution to enhance their business by gaining better visibility into the way they purchase alcohol.

Carson Oil
Carson Oil is a gas service and convenience store based in Portland, Oregon. They have introduced Fintech to simplify their invoice payment and alcohol purchasing processes.

Midland Country Club
Midland Country Club has selected Fintech to maximize operating efficiencies and increase profits. Midland Country Club is known for their full service facilities, ranging from golf to swimming.

The Springs Resort & Spa
Last month, The Springs Resort & Spa implemented Fintech. The resort, situated over the world's deepest geothermal hot spring, will now use Fintech to help make alcohol purchasing easier. 

In addition, Fintech also welcomed hundreds of independent retailers over the last month.
 
49 New Fintech Distributors
Last month, 49 distributors adopted Fintech’s regulated commerce solution to increase operational efficiencies and simplify collections. 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 who enrolled in Fintech in June include:

Good Spirits Distributing
Good Spirits Distributing is a craft spirits, beer, and wine distributor servicing Las Vegas and Reno Nevada. In June, they chose Fintech to facilitate distributor initiated payments for their alcohol invoices. 

Urban Renewal Brewery
Last month, Urban Renewal Brewery brought their business on board. They've introduced Fintech to help simplify their beer invoice payment collection and business processes.

Fulbrook Ale Works
Fulbrook Ale Works is a veteran-founded brewery and taproom located in Richmond, Texas. They now use Fintech to help their retailers stay in compliance through the use of PaymentSource.

Mediterranean Wine Company
Mediterranean Wine Company is a wine distributor based in Indiana. The family owned business is now using Fintech to streamline their deliveries and accounts receivable.


Click here to view a list of retailers and distributors using Fintech’s service around the country.