Fintech
Fintech is a seasoned company in the beverage alcohol industry, offering a range of services from payment processing to inventory management for over 32 years.
History
Fintech has been serving the beverage alcohol industry for over 32 years. Supported by TA Associates and General Atlantic, the company has grown significantly over the decades, expanding its offerings and increasing its market presence. The flagship product, PaymentSource®, has become a key solution for over 225,000 retail and hospitality businesses.
Flagship Product: PaymentSource®
PaymentSource® is Fintech's flagship product, widely utilized in the beverage alcohol industry. Over 225,000 retail and hospitality businesses use PaymentSource® to manage their payment processes. The product supports more than 5,000 alcohol distributors and suppliers, handling numerous alcohol invoices annually. Recently, the capabilities of PaymentSource® have been expanded to include all B2B purchase transactions, not just alcohol-related ones.
Services for the Beverage Industry
Fintech offers a wide array of services designed for the beverage industry. This includes solutions for breweries, wineries, distilleries, and other beverage manufacturers. The company provides services for distributors of all sizes, handling beer, wine, ciders, spirits, and various other beverages. Retailers, bars, restaurants, stores, hotels, and other businesses selling alcohol in the U.S. can also benefit from Fintech's comprehensive support.
Solutions for Retailers and Distributors
Fintech caters to the needs of both retailers and distributors in the beverage alcohol sector. Retail solutions include accounting services and scan-based trading solutions tailored for convenience stores, grocery stores, drugstores, and mass merchant industries. Recently, Fintech has added inventory management and enhanced CRM tool functionality to further support retail businesses in their operations.
Accounting Solutions
Fintech provides robust accounting solutions for businesses of all sizes within the hospitality and retail store industry that sell alcohol. These solutions are designed to streamline financial management and ensure compliance with industry regulations, helping businesses maintain accurate records and efficiently manage their financial operations.