Welcome to our dedicated page for Apptech news (Ticker: APCX), a resource for investors and traders seeking the latest updates and insights on Apptech stock.
AppTech Payments Corp (APCX) delivers innovative fintech solutions through its patented payment processing and digital banking platforms. This news hub provides investors and industry observers with timely updates on corporate developments, strategic partnerships, and technological advancements shaping the future of electronic transactions.
Access comprehensive coverage of APCX's merchant services innovations, cloud platform enhancements, and financial performance updates. Our curated collection includes earnings reports, product launch announcements, and regulatory filings - all essential for understanding this NASDAQ-listed company's market position.
Key updates feature developments in credit card processing technologies, digital banking integrations, and IT service expansions. Track APCX's progress in bridging traditional financial services with cutting-edge mobile solutions through verified press releases and official statements.
Bookmark this page for continuous access to AppTech's latest milestones in payment infrastructure development and merchant partnership programs. Check regularly for updates on patented technology implementations and industry-specific digital transformation initiatives.
AppTech Payments Corp. (OTC: APCX) announced a public offering of 3,614,458 units, each comprising one share of common stock priced at $4.15 and one warrant to purchase an additional share at $5.1875, aiming for total gross proceeds of approximately $15 million. The offering is expected to close around January 7, 2022. Additionally, there will be a reverse stock split at a ratio of 1-for-9.5 effective January 5, 2022. The company has received Nasdaq approval for trading under symbols APCX and APCXW.
AppTech Payments Corp. announced the appointment of Aram A. Aghapour as Senior Vice President of Research, Development, and Infrastructure Operations. With over 20 years of experience, he previously worked at Microfocus Fortify, enhancing application security for major financial companies. Aghapour will oversee AppTech's software development lifecycle and security teams. President Virgil Llapitan highlighted his proven track record in FinTech solutions. AppTech aims to innovate in the payment and banking space with a highly secure digital platform.
AppTech Corp. (OTC: APCX) has announced the appointment of Chad Nelley as Chief Operating Officer, tasked with leading operational success and go-to-market execution. Nelley brings over 25 years of corporate operations expertise, previously serving at ESET North America, where he drove significant profitability gains. AppTech is focused on pioneering financial technology innovations, and Nelley's leadership is expected to enhance revenue growth and operational efficiency.
AppTech Corp. (OTC: APCX) announces Bryan Guy as the new Senior Vice President of Product Management and Experiences. Joining from the technology consulting field, Bryan will oversee product strategy and user experience design to enhance omni-channel commerce. With over two decades of experience in payments and e-commerce, he has previously worked with major firms like Starbucks and T-Mobile. AppTech aims to leverage his expertise to advance its fintech platform. The company focuses on innovative payment processing and digital banking technologies for merchants and enterprises.
AppTech Corp. (OTC: APCX) announced the appointment of Ben Jenkins as Chief Technology Officer. Jenkins previously led digital transformation at Innovations Realized and has extensive experience in fintech. He will oversee the strategy and development of AppTech’s core technology platform. President Virgil Llapitan expressed excitement about Jenkins' leadership and innovation skills, which are expected to enhance value for customers. Jenkins aims to leverage emerging digital trends to position AppTech as a frontrunner in financial technology.
AppTech Corp. (OTC: APCX) announced its Annual Shareholder Meeting scheduled for December 29, 2021, at 10:30 AM PST. To facilitate attendance, the meeting will be held online. Shareholders of record as of November 10, 2021, will receive proxy materials via direct mail. Those not receiving notice by December 8, 2021, should contact Investor Relations. AppTech specializes in fintech solutions, leveraging patented technology for digital payments and banking services aimed at enhancing commerce experiences.
AppTech Corp. (OTC: APCX) announced a successful restructuring of the majority of its previously defaulted debt, amounting to over $3M. The company negotiated favorable terms with debt holders, allowing for debt conversion into shares at a discount or a one-year payment forbearance in exchange for equity bonuses. Over $1M of this debt has been converted, significantly improving AppTech's financial position as it aims for a national exchange listing and the launch of its financial services platform.
AppTech Corp. (OTC: APCX), a fintech company based in Orlando, is leveraging innovative payment processing technologies for its merchant services. This includes offering proprietary software for secure digital payments. The company is developing a revolutionary text payment feature aimed at simplifying fund transfers via text messaging. This aligns with the increasing demand for fintech solutions, particularly highlighted by the COVID pandemic. AppTech's diverse offerings enhance customer acquisition and retention in an expanding market.
On April 30, 2021, AppTech Corp. (OTC: APCX) announced the retirement of board member Michael Gross, appointing Michael Yadgar as his replacement. Yadgar, a corporate lawyer with over 20 years of experience, is expected to enhance AppTech's strategic direction during its expansion phase. Andrew Sims will also join the board as an observer, bringing insights from his role as CEO of nDigital Holdings. The company is engaged in a strategic partnership with NEC Payments to deliver innovative fintech solutions, indicating robust growth potential.
On March 8, 2021, AppTech Corp. (OTC: APCX) completed a significant agreement with NEC Payments B.S.C(c), enhancing its digital banking and payment technology offerings. This partnership allows AppTech to provide versatile and secure payment processing solutions, effectively digitizing business transactions. The collaboration includes licensing AppTech's intellectual property to NECP and aims to develop a disruptive text payment solution. Notably, NECP will become AppTech's largest shareholder, strengthening their position in the fintech sector.