Breaking #Fintech #Stock News: AppTech
Payments Corp. (NASDAQ: $APCX) Completes Acquisition of FinZeo; @AppTechCorp
CARLSBAD, Calif. - October 27, 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 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.
Read this news, featuring APCX in full at https://www.investorideas.com/CO/APCX/news/2023/10271Acquisition-of-FinZeo.asp
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 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.
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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