# Fintech

> Fintech is a Tampa-based B2B payments and data company that began by automating one unusually stubborn workflow: regulated alcohol invoices. Its PaymentSource platform now captures, standardizes and pays invoices for retailers, hospitality operators and their vendors, while newer products extend the network into accounts receivable, sales execution and scan-based trading. The clever part is not a flashy checkout button. It is the connective tissue among state rules, distributor terms, point-of-sale data and the back office.

- **Founded:** 1991
- **Headquarters:** Tampa, United States
- **Founders:** Scott Riley (Founder and former CEO)
- **Team size:** 201-500 employees (LinkedIn company range)
- **Products:** PaymentSource, PaymentSource AR Automation, Fintech SBT, OrderSource, Lilypad
- **Notable:** Built what the company describes as the first electronic payment solution for the regulated U.S. beverage-alcohol industry., Reached one million alcohol distributor-to-client PaymentSource connections in January 2024., Expanded PaymentSource beyond alcohol to all B2B invoice types in May 2024.

## Products & services

- **PaymentSource** — Captures and standardizes invoice data, automates regulated alcohol EFT and other B2B payments, maintains invoice history, reports spending and exports clean records to back-office systems.
- **PaymentSource AR Automation** — Lets distributors and vendors send invoice data once, format it for multiple trading partners and automate collection and remittance workflows.
- **Fintech SBT** — A supply-chain partner hub for scan-based trading that combines POS and direct-store-delivery data, validated price books, reconciliation and automated payment.
- **OrderSource** — An order-to-pay module that syndicates purchase orders, matches invoices to POs, flags exceptions and reports the full path from catalog to payment.
- **Lilypad** — A beverage-alcohol CRM and field-sales execution system for suppliers and distributors; version 3.0 added supplier-focused enhancements.
- **Invoice analytics** — Spend, vendor, product, expected-cost, split-case-fee and cost-variance reporting built from normalized invoice records.

## Achievements

- Built what the company describes as the first electronic payment solution for the regulated U.S. beverage-alcohol industry.
- Reached one million alcohol distributor-to-client PaymentSource connections in January 2024.
- Expanded PaymentSource beyond alcohol to all B2B invoice types in May 2024.
- Processes roughly 59 million invoices annually and connects 9,200 distributors, vendors and suppliers, according to the company.
- Reported 67% share of third-party-managed scan-based trading programs at the 2026 launch of Fintech SBT.
- Named a CSP 2026 Retailer Choice Best New Product finalist for modernized scan-based trading.
- Recognized by Florida Trend among the state's Best Companies to Work For in 2024 and 2025.

## Latest updates

- **2026-07** — Fintech SBT was named a finalist in the CSP 2026 Retailer Choice Best New Product contest.
- **2026-04** — Launched a modern supply-chain partner management hub for scan-based trading, reporting 85,000 retail doors, 150+ retailers and 3,500+ suppliers.
- **2025-11** — Appointed Joel Pearson chief revenue officer to lead revenue strategy and market growth.
- **2024-05** — Expanded PaymentSource to all B2B invoice types and closed the Nexxus Group asset acquisition.
- **2024-03** — Announced the asset acquisition of iControl, adding alcohol payments and scan-based trading capabilities.

## Links

- Website: https://fintech.com/
- LinkedIn: https://www.linkedin.com/company/fintech-net/
- Twitter/X: https://twitter.com/FintechBevAlc
- YouTube: https://www.youtube.com/user/FintechChannel
- Instagram: https://www.instagram.com/fintechbevalc/
- Facebook: https://www.facebook.com/Fintech/

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Profile page: https://yespress.io/fintech
Published by YesPress — https://yespress.io
Last updated: 2026-08-20