Fintech
- Company typePrivate
- Founded1990
- HeadquartersTampa, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
Fintech firmographics
Firmographics- Name
- Fintech
- Legal name
- Financial Information Technologies LLC
- Website
- https://fintech.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Fintech industry classification
Industry- Product category
- B2B Invoice & Payment Automation
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Activities Related to Credit Intermediation (5223)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Accounts Payable Automation & Supplier Payments (FSAGAJAD)
- akta.pro secondary industries
- Invoicing, Billing & Accounts Receivable Automation (FSAGAJAC), Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails) (FSAGABAJ), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)
Keywords
Where Fintech is headquartered
LocationHeadquarters
- HQ city
- Tampa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Fintech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Distributor Per-Invoice Fees: Alcohol distributors and suppliers pay per invoice processed through the platform, with automated payment collection for COD and term invoices.
- Retailer Monthly Subscription: Retail and hospitality businesses pay a monthly subscription fee for AP automation, invoice management, and payment processing services. Plans include Free, Lite, Pro, and Premium tiers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free plan for alcohol invoice payment automation |
| Subscription | Monthly | Lite plan for basic invoice processing |
| Subscription | Monthly | Pro plan for enhanced features and reporting |
| Subscription | Monthly | Premium plan for enterprise-level automation |
| Transaction based/ take rate | Pay-as-you-go | Distributor per-invoice pricing |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Fintech product offering
Product offeringCore offering
Fintech provides a cloud-based B2B payment, invoice, and data automation platform purpose-built for the U.S. beverage alcohol supply chain. Its two core platforms — PaymentSource (AP/AR invoice and payment automation) and Scan-Based Trading (shared supply chain data and automated retailer-to-supplier payments) — ingest invoices in any format (EDI, CSV, paper scan), standardize product and pricing data using AI trained on billions of invoices, code GL entries, automate payments, and surface cost discrepancies for retailers, hospitality operators, alcohol distributors, and suppliers.
Product overview
Fintech operates as a B2B data and payments automation provider offering two core product lines: PaymentSource® and Scan-Based Trading. PaymentSource® is an invoice automation platform with modules for AP automation (invoice data capture, standardization, GL coding, payments, reporting), with add-ons including Expected Cost Analysis, ReconSource®, and OrderSource® for expanded controls. Scan-Based Trading is a supply chain partner management hub combining unified POS and DSD data with automated payments, serving retailers and suppliers. Additional products include Fintech CRM (formerly Lilypad) for alcohol supplier sales teams, Competitive Market Data and Retail Performance Data (STX) for market insights, and PaymentSource® AR for distributor accounts receivable automation. The company also provides a free Invoice Builder tool for vendors without electronic invoicing capabilities. The platform supports over 1,200 integrations including EDI, APIs, and major ERP/accounting systems.
Differentiator
Problem solved
Functional benefit
Brands
- PaymentSource®: B2B invoice and payment automation platform for retail and hospitality businesses that automates AP processes from capturing invoice data to paying invoices and reporting spend insights.
- Scan-Based Trading (SBT)
- Fintech CRM (formerly Lilypad)
- ReconSource®
- OrderSource®
Products and services
- PaymentSource® B2B invoice and payment automation platform that automates invoice data ingestion, GL coding, payments, and spend reporting for regulated alcohol along with all other goods and supplies. Targets retail and hospitality businesses.
- Scan-Based Trading (SBT) Shared supply chain partner management solution that gives multi-outlet retailers and suppliers end-to-end data visibility through a centralized hub. DSD suppliers retain ownership of products until scanned at register, triggering automated accurate payments from retailer to supplier.
- Fintech CRM (formerly Lilypad) Mobile and desktop CRM application for alcohol supplier and distributor sales teams to manage accounts, track field activity, placements, account visits, promotions, and drive distribution with collaboration and data integration features.
- PaymentSource® AR Accounts receivable automation for alcohol distributors and self-distributing suppliers. Automates invoice payment collection from retailers for both COD and term invoices, integrating with over 200 system types.
- ReconSource® Accounts payable reconciliation solution that expands controls over governance, compliance, and reconciliation across invoice management for accounting firms and their clients.
- OrderSource® Order management solution that works in conjunction with invoice management for comprehensive procure-to-pay process control for accounting firms.
Quantifiable outcome
- 15 minutes saved per delivery stop for distributors using PaymentSource AR automation
- +6 more outcomes
Companies that use Fintech
Customer profileNamed customers29 records
Segments6 records
Ideal customer profiles5 records
Fintech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability7 records
Feature6 records
Fintech partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- EDI Integration PartnerscoreTechnology integrations with EDI systems enabling electronic invoice submission from distributors, vendors, and suppliers. Supports EDI 810, CSV, TXT, Flat File, XLS/XLSX, XML formats through FTX Pickup, SFTP, and AS2 transfer methods.
- Back-Office System PartnerscoreIntegration ecosystem with 200+ back-office systems including PDI, Restaurant365, QuickBooks, NetSuite, BevSpot, and other ERP/accounting platforms for seamless invoice data synchronization.
Scale indicators17 records
Recent moves6 records
Expansion highlights6 records
Fintech competitors and assessment
Company assessmentDirect peers
- Ramp: Ramp is a corporate card and spend management platform with growing AP automation capabilities. Comparable as a horizontal AP/payments competitor moving down-market into Fintech's retail and hospitality segments with modern UX and aggressive pricing.
- Tipalti: Tipalti provides end-to-end AP automation, supplier payments, and reconciliation for digital businesses. Comparable to Fintech on invoice-to-payment automation, GL coding, and global supplier payment infrastructure.
- Bill.com: Bill.com is a leading B2B AP automation and payments platform serving SMB and mid-market businesses. Directly comparable to Fintech's PaymentSource product in automating invoice capture, approval workflows, and electronic payments for operating expenses.
- AvidXchange: AvidXchange specializes in AP automation and invoice-to-payment workflows for mid-market and enterprise customers, including multi-location operators. Closely comparable to Fintech's mid-market/enterprise invoice automation and B2B payment processing model.
- Stampli: Stampli is an AP automation platform that uses AI for invoice capture and collaborative approvals. Comparable to Fintech's AI-powered invoice data extraction and approval workflows in the SMB/mid-market AP layer.
Broad incumbents
- SAP Ariba: SAP Ariba is the enterprise incumbent in procurement and B2B invoice/payment automation. Comparable as a broad incumbent offering overlapping capabilities for large enterprise AP and supplier payment workflows, though not specialized in alcohol.
- Coupa Software: Coupa is a broad spend management and AP automation platform serving large enterprises. Comparable as a broad incumbent with overlapping invoice, payment, and analytics capabilities across multi-site retail and hospitality customers.
- Oracle NetSuite: Oracle NetSuite is a broad cloud ERP and financial management suite with AP automation capabilities. Comparable as a broad incumbent in back-office systems — Fintech integrates with NetSuite today but competes for adjacent AP/payments spend.
Emerging players
- SevenFifty: SevenFifty operates an alcohol B2B platform with marketplace and data tools for distributors and suppliers. Comparable as an emerging vertical-specific competitor in alcohol distribution data and ordering, intersecting Fintech's CRM and market data products.
- Provi: Provi is a B2B alcohol marketplace connecting suppliers, distributors, and retailers. Comparable as an emerging player in the same alcohol vertical with overlapping supplier-retailer commerce and ordering workflows Fintech supports.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Fintech social profiles
Digital presenceFintech compliance and trust
Trust signalCompliance2 records
Fintech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fintech leadership team
Management profileNumber of profiles
Profiles10 records
Fintech subsidiaries and ownership
Company hierarchySubsidiaries1 record
Fintech funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fintech M&A and investment
M&A and investmentM&A6 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fintech
What does Fintech do?
Fintech provides a cloud-based B2B payment, invoice, and data automation platform purpose-built for the U.S. beverage alcohol supply chain. Its two core platforms — PaymentSource (AP/AR invoice and payment automation) and Scan-Based Trading (shared supply chain data and automated retailer-to-supplier payments) — ingest invoices in any format (EDI, CSV, paper scan), standardize product and pricing data using AI trained on billions of invoices, code GL entries, automate payments, and surface cost discrepancies for retailers, hospitality operators, alcohol distributors, and suppliers.
Is Fintech a public or private company?
Fintech is a private company. It is classified as private equity controlled and is currently operating.
When was Fintech founded?
Fintech was founded in 1990. It employs 101 to 250 people.
Where is Fintech based?
Fintech is headquartered in Tampa, United States, in the North America region.
How does Fintech make money?
Two revenue lines are on record. Distributor Per-Invoice Fees are the primary driver. The others are retailer Monthly Subscription.
Who are Fintech's main competitors?
Direct peers on record are Ramp, Tipalti, Bill.com, AvidXchange and Stampli. Broad incumbents are SAP Ariba, Coupa Software and Oracle NetSuite. Emerging players are SevenFifty and Provi.
Does Fintech have an API?
Yes. Fintech supports integrations via EDI, APIs, CSV, and custom file formats. The platform enables secure data exchange between clients, their financial systems, and trading partners through more than 1,200 managed integrations. Common transfer methods include FTX Pickup, SFTP, and AS2. Common file formats include EDI 810, CSV, TXT, Flat File, XLS/XLSX, and XML. Developer documentation is at fintech.com/integration-ecosystem.
What industry is Fintech in?
Fintech's product category is B2B Invoice & Payment Automation. Its primary akta.pro industry code is FSAGAJAD, Accounts Payable Automation & Supplier Payments, with a secondary code of FSAGAJAC, Invoicing, Billing & Accounts Receivable Automation. Its NAICS code is 522320 and its SIC code is 6159.