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Industry: FinServ
Segment: Payments/Processing
Team size: 201-500
Generated by Kustiq, an AI company intelligence platform for B2B teams.
Use our tool to explore the latest alcohol regulations and legislation throughout the United States. Company Close Company Open Company ... fintech.com; 3109 W Dr ...
Employees
201-500
AI Classification
FinServPayments/Processing
Fintech LLC (fintech.com) develops PaymentSource®, a cloud-based B2B invoice automation and payment processing platform originally built for the regulated beverage alcohol industry, now expanding to all B2B AP/AR workflows. The platform serves 274,000+ retail and hospitality businesses and 7,500+ alcohol distributors, processing over 52 million invoices and $53 billion annually across 1.1 million B2B relationships.
Deep Intelligence
Buying Signals
General Atlantic made a strategic co-investment alongside TA Associates in August 2023, signaling significant PE-backed growth capital deployment and institutional confidence in the platform's expansion trajectory.
May 2024 product launch expanding AP automation technology beyond beverage alcohol to all B2B invoice processing — a major addressable market expansion targeting the broader SMB and mid-market AP/AR space.
2024 acquisition of STX Business Solutions to add cloud-based business intelligence capabilities, indicating active inorganic growth strategy.
Q3 processing volume reportedly reached $9.2 billion, reflecting growing transaction throughput and platform adoption at scale.
Multiple consecutive 'Top Workplace' recognitions (Tampa Bay Times 2020, 2021, 2023; Florida Trend Best Midsized Companies 2020, 2021, 2024) suggest stable organizational culture and ability to attract talent during growth phase.
Account Scoring
Tier ALow Churn RiskRecently Funded
Pain Signals
Core beverage alcohol market appears to be approaching saturation — the May 2024 expansion beyond alcohol is a reactive signal suggesting the company is seeking new growth vectors outside its founding vertical.
4 of 5 scraped website pages failed to return readable content, indicating possible heavy JavaScript rendering, gated portals, or an underinvested public web presence that may limit inbound discovery.
Annual revenue (~$75M) appears relatively modest given ~3,200 employees and 34+ years of operation, suggesting thin margins or high service delivery costs that could compress reinvestment capacity.