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Hank Payments (TSXV:HANK) and Fair Fintech announce strategic partnership

Finance, Sponsored, Technology, The Watchlist
TSXV:HANK
02 June 2022 12:30 (EDT)

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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.

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