News from Fintech

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Fintech in the News

Fintech Welcomes New Customers, Adding More than 41,000 Relationships and 162 New Distributors in the Fourth Quarter.

Tampa, FL, January 16, 2019 – Processing $7.6 billion in payments for its beverage alcohol retailers and distributors in the fourth quarter, 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 41,000 new relationships in the fourth quarter adds to the company’s total, now exceeding 540,000, processing with over 3,600 alcohol distributor partners. Several leading national retail chains and long-time Fintech clients including Kroger, Cinemark USA, Inc., RaceTrac, Dollar General, P.F. Chang's Chinese Bistro, Mission BBQ, and Shulte Hospitality Group continue to implement PaymentSource in new locations, increasing automated efficiencies, protecting alcohol margins, and increasing profitability.
 
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 PaymentSource solution throughout the fourth quarter included:
 
National Hospitality Services
National Hospitality Services manages many hotels including several Delta by Marriott and Staybridge Suites. They chose Fintech last quarter to help manage their beverage alcohol category.

Uno Pizzeria & Grill
Uno Pizzeria & Grill is famous for its classic, Chicago style pizza and has locations in over 20 states. In October, they joined Fintech to help streamline their alcohol business.

EG Group
In November, EG Group, the 10th largest convenience store chain in America including brands such as Minit Mart and Loaf'N Jug, implemented Fintech to make alcohol purchasing easier.

Timmer's Resort
Timmer's Resort is a picturesque, Wisconsin venue named as a top 100 brunch destination by Forbes in 2017. They've chosen to launch Fintech’s PaymentSource solution to enhance their business and gain better insight into their alcohol beverage category.

Market Square Supermarkets
Market Square Supermarkets has stores throughout Texas and Oklahoma. They have introduced Fintech to simplify their invoice payment and alcohol purchasing process.

The Coeur d'Alene Resort Golf Course
The Coeur d'Alene Resort Golf Course has selected Fintech to maximize operating efficiencies and increase profits. The Idaho golf course is famous for its "floating green," a piece of the course on a small island in the lake.

Fintech also welcomed hundreds more independent retailers over the last month.
 
162 New Fintech Distributors
In the fourth quarter, 162 distributors adopted Fintech’s regulated commerce solution to increase operating 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 the fourth quarter include:

Buta Distributors, Inc.
Buta Distributors is a winery based in South Florida. In November, they chose Fintech to facilitate distributor initiated payments for their wine invoices. 

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

Blue Clover Distillery
Blue Clover Distillery is an Arizona based business focused on creating premium, small-batch spirits. They now use Fintech to help their retailers stay compliant.

Twilight Cider Works
Twilight Cider Works is a family owned business known for their artisan ciders. They've brought Fintech on board to help with their cider deliveries.

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

 
About Fintech
Fintech, the leading solutions provider for beverage alcohol management, and regulatory information resource, offers a OneSource solution with a suite of profit-building products and services for alcohol distributors and retailers. 

With decades of industry experience offering unwavering dependability and trust, Fintech empowers users with information to increase margins and maximize operating efficiencies within their beverage alcohol category. By anticipating client needs, nurturing relationships, and growing partnerships within the industry, Fintech continues to deliver cutting-edge, strategic solutions that range from purchase order management, reconciliation, and data reporting, to pricing and promotion communication, payment compliance adherence, and regulatory resource connectivity. 

Fintech manages over 540,000 industry relationships and services more than 3,600 distributors nationwide, adding hundreds of clients every month. For more information on how Fintech can better your business, visit our website and follow us on Facebook, Twitter, Instagram, and LinkedIn