Hank Payments Accelerates Growth in Auto Channel

Hank Payments Corp. (TSE:HANK) has released an update.

Hank Payments Corp. has reported a significant expansion in its auto channel, with a record 20.8% increase in gross monthly consumer additions in March and a 10% growth in new auto dealer partnerships this year. The company, a leading name in the Banking-as-a-Service market, now boasts over 238 active US auto dealers utilizing its platform, which aids in providing more affordable warranty and insurance products as well as improving vehicle equity build-up for customers. These developments highlight Hank’s continued momentum and a strong pipeline for new dealer signings anticipated to further boost numbers by year’s end.

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