Breaking #Fintech #Stock
News: AppTech Payments Corp. (NASDAQ: $APCX) Announces Letter of Intent to
Acquire FinZeo; @AppTechCorp
FinZeo Provides Cutting-Edge #PaymentTechnology for
Large to Medium Enterprises
CARLSBAD, Calif. - September 20, 2023
(Investorideas.com Newswire) AppTech Payments Corp. (NASDAQ: APCX), a
pioneering Fintech company powering frictionless commerce between business to
business and business to consumer, today announced the Company executed a
Letter of Intent ("LOI") to acquire Alliance Partners, LLC, owners of
FinZeo. Terms of the transaction have not been disclosed as they are subject to
reaching a definitive agreement.
Read this news featuring
APCX in full at https://www.investorideas.com/CO/APCX/news/2023/09201LOI-to-Acquire-FinZeo.asp
FinZeo is a software development company founded in 2018, that
focuses on providing advanced payment and banking technology to both large and
small businesses. The FinZeo platform provides cutting-edge technology that can
be accessed via online portals or consumed via API. The company's goal is to
make payments more efficient and economical.
Luke D'Angelo, Chairman & CEO of AppTech Payments Corp.,
expressed his enthusiasm for this transformative acquisition, stating,
"This marks a pivotal moment for AppTech, propelling us towards an
accelerated growth trajectory as we continue to maximize the potential of our
platform and reshape the global payment landscape. On a broader scale, pending
finalization, the addition of FinZeo substantially enhances our next-generation
digital Commerse™ platform, driving operational efficiencies as we expand our
footprint."
Chris
Leyva, Founder and Chief Executive Officer of FinZeo, added, "This
agreement with AppTech represents an exciting opportunity for the FinZeo team.
Our focus has been on increasing the efficiency of banking and payment
technology, particularly for major Airports across the nation and a variety of
other large to medium enterprises. We are excited to partner with AppTech and
leverage their leadership, expertise, and capital to accelerate united
growth."
About AppTech Payments Corp.
AppTech 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 apptechcorp.com.
About FinZeo
FinZeo is a software development company centered around the
movement of money, nationally and globally. Their technologies enable
customers, including large and medium enterprises, to seamlessly incorporate
payment processing capabilities into their current operations and solve any
banking pain points they experience. This innovative solution allows their
clients to operate more efficiently and economically with faster payment
processing, direct and exclusive financial agreements, reliable APIs, and a
trustworthy merchant gateway solution. For more information, please visit www.finzeo.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 Contact
Michael Kim/Brooks Hamilton
737-289-0835
APCX@mzgroup.us
AppTech Payments Corp.
760-707-5959
info@apptechcorp.com
AppTech Payments Corp. (APCX) is a featured tech stock on
More info on APCX at Investorideas.com Visit: https://www.investorideas.com/CO/APCX/
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