Hank Payments Corp. (TSE:HANK) has released an update.
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Hank Payments Corp., a leader in the Banking-as-a-Service market, has announced a significant expansion in the U.S. by partnering with a large auto dealer group to implement a 31 auto store proof of concept program, indicating over 10% growth with potential to increase new account originations by 25%. This move has propelled the company to outperform its financial expectations, with the auto business channel providing predictable, profitable, and scalable growth, and positioning the company for a strong start to 2025.
For further insights into TSE:HANK stock, check out TipRanks’ Stock Analysis page.