AppTech Payments Corp. Completes Acquisition of FinZeo
27 Oktober 2023 - 1:30PM
AppTech Payments Corp. (NASDAQ: APCX), a pioneering Fintech company
powering frictionless commerce between business to business and
business to consumer, today announced that it completed its
acquisition of Alliance Partners, LLC, owners of FinZeo, a software
development company centered around the movement of money,
nationally and globally.
FinZeo was founded in 2018 and is dedicated to
delivering innovative payment and banking technology solutions for
businesses of all sizes. By integrating the FinZeo platform,
AppTech believes it can augment its technology offerings,
furnishing users with cutting-edge tools accessible via online
portals or through an API.
“This acquisition aligns seamlessly with
AppTech's strategic initiatives, marking our steadfast commitment
to investing in innovation and technology. We are resolute in our
mission to foster revenue synergy and provide specialty payments
for businesses and partners, while continuing to lead the way in
the ever-evolving Fintech landscape,” said Luke D’Angelo, Chairman
& CEO of AppTech Payments Corp. “With FinZeo fully integrated
into our Commerse™ product suite, we trust the market will be
highly receptive to our comprehensive PaaS and BaaS solutions. We
welcome the FinZeo team to our company and look forward to
executing on our commercialization strategy to ultimately generate
value for our shareholders.”
Finzeo’s API enables AppTech to optimize
integration with software providers and Independent Software
Vendors (ISVs), facilitating rapid technology implementation. The
onboarding process for ISVs will be streamlined with the support of
video tutorials, a dedicated customer center, and a sandbox API
environment. With the assimilation of FinZeo, AppTech advances into
a Payment Facilitator (PayFac), propelling the company’s
aggregation model.
To learn more about FinZeo, please visit
www.finzeo.com.
About AppTech Payments
CorpAppTech Payments Corp. (NASDAQ: APCX) provides digital
financial services for corporations, small and midsized enterprises
(“SMEs”) and consumers through the Company’s scalable cloud-based
platform architecture and infrastructure, coupled with our commerce
experiences development and delivery model. AppTech maintains
exclusive licensing and partnership agreements in addition to a
full suite of patented technology capabilities. For more
information, please visit www.apptechcorp.com.
Forward-Looking Statements This
press release contains forward-looking statements that are
inherently subject to risks and uncertainties. Any statements
contained in this document that are not historical facts are
forward-looking statements as defined in the U.S. Private
Securities Litigation Reform Act of 1995. Words such as
"anticipate, believe, estimate, expect, forecast, intend, may,
plan, project, predict, should, will" and similar expressions as
they relate to AppTech are intended to identify such
forward-looking statements. These risks and uncertainties include,
but are not limited to, general economic and business conditions,
effects of continued geopolitical unrest and regional conflicts,
competition, changes in methods of marketing, delays in
manufacturing or distribution, changes in customer order patterns,
changes in customer offering mix, and various other factors beyond
the Company's control. Actual events or results may differ
materially from those described in this press release due to any of
these factors. AppTech is under no obligation to update or alter
its forward-looking statements, whether as a result of new
information, future events, or otherwise.
Investor Relations
ContactMichael Kim/Brooks
Hamilton737-289-0835APCX@mzgroup.us
AppTech Payments
Corp.760-707-5959info@apptechcorp.com
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