Hank Payments
“Can a Toronto-listed BaaS fintech build a scalable consumer and enterprise payment-modernization platform in North America by layering software on top of bank and processor partnerships rather than seeking its own charter?”
Hank Payments Corp (formerly Nobelium Tech Corp) pivoted from a shell/tech company into a consumer and enterprise BaaS platform focused on modernizing payments and cash management. The company built its embedded finance stack around a partnership with FinWise Bank for payments rails (ACH, wire, check, bill pay via Mastercard) and deposit-account issuance. By 2025 the consumer product was rebranded FUTR Payments, with virtual prepaid accounts issued through FinWise Bank's Cottonwood Payments division and fund disbursement facilitated by Ingo Payments — positioning Hank as a BaaS layer on top of bank-and-processor relationships rather than a chartered institution itself.