Business
Hank Payments Corp. Engages Hybrid Financial Ltd.
Toronto, Ontario--(Newsfile Corp. - October 26, 2021) - Hank Payments Corp. (TSXV: HANK) (" Ha...
About this update from Futr Corporation
[{"type":"text","content":"Hank Payments Corp. Engages Hybrid Financial Ltd.Toronto, Ontario--(Newsfile Corp. - October 26, 2021) - Hank Payments Corp. (TSXV: HANK) (\"Hank\" or \"Corporation\") is pleased to announce that it has retained Hybrid Financial Ltd. (\"Hybrid\") to provide marketing services to the Company. Hybrid has been engaged to heighten market and brand awareness for Hank and to broaden the Company's investor awareness and audience. Hybrid has agreed to comply with all applicable securities laws and the policies of the TSX Venture Exchange (the \"TSXV\") in providing the Services. Hybrid has been engaged by the Company for an initial period of twelve months starting October 25 (the \"Initial Term\") and then shall be renewed automatically for successive three month periods thereafter, unless terminated by the Company in accordance with the Agreement. Hybrid will earn a monthly fee of $22,500 monthly fee, plus applicable taxes, during the Initial Term. About Hybrid Financial Ltd.Hybrid is a sales and distribution company that actively connects issuers to the investment community across North America. Using a data driven approach, Hybrid provides its clients with comprehensive coverage of both American and Canadian markets. Hybrid Financial has offices in Toronto and Montreal.About Hank Payments Corp.Hank is a financial technology company. The Hank software platform (the \"Hank Platform\") acts as a consumer's personal, financial concierge using a powerful technology to automate the complexities of personal cash flow management. Through its FDIC (Federal Deposit Insurance Corporation) insured bank partners in the United States, Hank helps consumers, in every state, find funds in their existing cash flow and speed up the retirement of liabilities. The Hank Platform debits consumers when they have cash, stores the cash with partner banks, then automatically instructs partner banks to pay bills and loans as they come due, and often sooner than required. Approximately half of Hank's customers are financially sound and use the Hank Platform for convenience, while the other half improve their payment performance through use of the Hank Platform. One hundred percent of Hank's customers are in the USA and pay setup and ongoing monthly processing fees while remaining on the Hank Platform for an average of three years. Hank continues to innovate and ...