Business
Hank Payments Expands Sales Team to Address Meaningful Demand from College Association Members
Toronto, Ontario--(Newsfile Corp. - September 12, 2023) - Hank Payments Corp.  (TSXV: HANK)...
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[{"type":"text","content":"Hank Payments Expands Sales Team to Address Meaningful Demand from College Association MembersToronto, Ontario--(Newsfile Corp. - September 12, 2023) - Hank Payments Corp. (TSXV: HANK) (\"Hank\" or the \"Company\"), is a North American leader in consumer Fintech Software-as-a-Service (\"SaaS\") in the Banking-as-a-Service (\"BaaS\") market segment. Hank platforms 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. Hank's vertical market technology brings to bear enhanced features for Enterprise customers that wish to help their users and themselves manage payments and cash.The Company is pleased to announce the Community Colleges of Appalachia Association has recommended Hank's EDU Platform to its members, consisting of 91 colleges servicing 220,000 students across 13 states. Most schools are part of an association in their state, and rely on ideas, collaboration and feedback from associations and their membership when considering decisions that help them serve students better. This is the first of what is expected to be many associations formal recommendations, further expanding Hank's exposure to schools across the country. The Company has also recently received informal support and introductions from other associations.Hank is aggressively investing in expanding its sales team, due to the strong interest from schools in Hank's EDU Platform and the need to address the opportunity in a timely manner. The Company is pleased to announce the expansion of its dedicated EDU sales team by three highly accomplished sales leaders, strategically hired for optimal geographical coverage. The sales leaders are payment processing specialists bringing a wealth of experience in developing and executing strategic platform sales. Their experience spans companies including ClickPay, MRI Software, EFX Financial Services, WorldPay Inc. DFC Global Corp. and Asure Software. The investment in the sales team positions Hank well to process the early deal flow it has developed. \"We are pleased that our expansion plans are coming together with the addition of seasoned sales executives that understand the value of our platform and how to position and close strategic sales.\" said Michael Hilmer, Chairperson and CEO. He...