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. reports developments in fintech payment services for financial institutions, corporations, small and midsized enterprises, and consumers through a scalable cloud-based platform architecture. Company news centers on operating results, product-line revenue, Banking-as-a-Service platform activity, fintech integrator relationships, and the completed acquisition and integration of Infinitus Pay.
Recurring updates also cover capital financing, common stock and warrant quotation on the OTCQB market, board composition, executive roles, employment arrangements, and compliance demands tied to the company’s growth and public-company status.
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.
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.
AppTech Corp. (OTC: APCX) has completed a strategic agreement with NEC Payments B.S.C(c) to enhance its digital banking and payment solutions. NECP will provide AppTech with advanced payment technology, enabling scalable and secure payment processing. AppTech will license its intellectual property to NECP in exchange for exclusive access to NECP's digital banking platform in the U.S. This partnership aims to streamline payment services for small to medium-sized enterprises and will position NECP as AppTech's largest shareholder, fostering joint growth and innovation.
AppTech Corp. (OTC: APCX) announced a partnership with Innovations Realized LLC to enhance its fintech initiatives, including a mobile text payment solution and digital banking products. The collaboration aims to leverage IR's digital transformation platform, led by CEO Ben Jenkins, to accelerate market penetration and operational execution. AppTech's President, Virgil Llapitan, expressed confidence in achieving growth objectives through this partnership. The company's focus is on improving customer experiences while navigating the evolving fintech landscape.
AppTech Corp. (OTC: APCX) announced a follow-on public offering (FPO) of $15 million in common stock, filed with the SEC. The funds will support the expansion of its digital banking, payment acceptance, telehealth services, and general corporate purposes. This move also coincides with AppTech's plans to uplist to the NASDAQ Capital Market. The offering aims to enhance capital for growth amid competitive fintech market conditions.