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 hintonkidon Mar 28, 2023 10:17am

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Post# 35364437

Who is the mystery licensee?

HANK announced, this morning, that they have sealed the deal with their Canadian licensee but, who is the licensee? And, so, the speculation can begin. Investors and stakeholders, in HANK, should be all smiles, this morning, after the release of the news. This shareholder certainly is all smiles, after hearing the news, this morning but, I just wish that they had said who the Canadian licensee is. Since the deal with the licensee is national and exclusive for 3 years, in nature, I am speculating that the licensee could be one of the big 5 Canadian banks as they have the punch to provide the clients and customers, on a national scale, Purhaps there will be an announcement by the licensee today or tomorrow and all will be revealled.

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Two micro-cap stocks with strong fundamentals