Hank Payments Corp V.HANK

Alternate Symbol(s): HNKPF

Hank Payments Corp. provides consumer fintech software-as-a-service (SaaS) and banking-as-a-service (BaaS) platforms that manage consumer cash flow and budgets on an automated basis using proprietary algorithms that collect, store and disburse cash as required to discharge obligations in a timely fashion. The Hank stack provides for several vertical market applications of the technology, with features specific to channels and enterprise accounts (Partners) that allow those partners to operate new lines of business and revenue streams, using Hank. The Company houses the complex technology, banking, treasury, customer service, sales and operations teams that acquire and service consumers. The Company acquires users through various channels, including small to medium-sized enterprises (the SME Partners) and large enterprise businesses (the Enterprise Partners). It provides solutions for education, lenders, automotive, equity builders and fintechs.

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Hank Payments Corp

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Post by Betteryear2on Nov 30, 2021 4:01pm

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The Power Play by The Market Herald releases new interviews

Hank Payments (HANK) has filed its financial statements and management discussion and MD&A for the three months ending September 30, 2021. Revenue grew over the same period last year by 25.3 per cent to US$936,866, gross profit grew to 85 per cent, Hank users managing mortgage payments increased by 22 per cent since March 1, 2020 and Hank users managing multiple payments increased by 68 per cent since March 1, 2020. Jeff Guthrie, President and COO of Hank Payments sat down with Caroline Egan to discuss the results

For the full interview with Jeff Guthrie and to learn more about Hank Payments' first quarter results, click here.

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