• Hank Payments (HANK)  has signed a partnership agreement with Fair Fintech Inc. 
  • Under the partnership, Hank and Fair will offer the Fair banking products to Hank consumers
  • CEO Michael Hilmer sat down with Folake Ekwubiri to discuss the partnership
  • Hank is a SaaS-based consumer Fintech company
  • Hank Payments Corp. (HANK) opened trading at C$0.11

Hank Payments (HANK) has signed a partnership agreement with Fair Fintech Inc. 

Hank will offer Fair banking products to Hank consumers, including a 4 per cent Wealth Building Account. Hank will earn set-up fees for every new account opened and recurring revenues based on Assets Under Management with Fair.

CEO Michael Hilmer sat down with Coreena Robertson to discuss the partnership0.

“It is important for us to continue to build value for our platform users. As we identify cash flow savings for our consumers using Hank’s best-in-class cash management platform, Hank’s goal is to assist them to start developing healthy savings habits for those unpredictable life events (rainy day funds) and to start growing their savings over time. Fair is on a mission to expand its multilingual digital bank offerings across the country, and we are excited to be partnering with them as they offer among the highest income earnings opportunities on deposits in the marketplace.”

Hank is a SaaS-based consumer Fintech company whose cloud-based software platform acts as a consumer’s financial budget manager.

Hank is on a mission to transform outmoded personal financial wellness and consumer financial technology by offering a best-in-class payments platform and payment management capabilities. 

Hank Payments Corp. (HANK) opened trading at C$0.11.

More From The Market Online

@ the Bell: Despite a deep divide, the TSX comes out on top

Canada’s main stock index was volatile Thursday, but thanks to an industrials, utilities and energy market surge, the TSX closed in the green.

A promising player in the energy revolution

As demand for sustainable energy sources has intensified, Argentina Lithium & Energy is ready to capitalize on the surging lithium market.

BlackBerry expands AI-powered cybersecurity service

BlackBerry (TSX:BB) releases the new and expanded CylanceMDR, a managed detection and response tool backed by its Cylance AI platform.

Qualcomm stock jumps on Q2 2024 earnings

Qualcomm (NDAQ:QCOM) shares rise nearly 10 per cent early Thursday on better-than-expected adjusted earnings and strong revenue guidance.