Fintech was founded with a vision to solve common issues within the beverage alcohol industry. All 50 states have unique liquor laws and strict payment terms that presented challenges to distributors and retailers alike, often preventing them from buying or selling alcohol and putting business at a standstill. Collecting and submitting timely payments was not the only issue facing the industry – methods were limited to cash, checks, money orders, and escrow transactions posing problems with managing multiple forms of payment, long reconciliation processes, and security concerns due to cash on hand.