Apptech Stock Price, News & Analysis

AppTech Payments Corp. (NASDAQ:APCX) has formed a strategic partnership with Corix Solutions, an integrator of the Waves Enterprise blockchain, to enhance its global presence and support for its text-to-pay, geolocation-based solutions, and peer-to-peer mobile payments.

This collaboration is set to leverage Corix's hybrid blockchain technology to enhance the Commerse^TM platform. It will focus on commercializing solutions such as Payments-as-a-Service (PaaS) and Banking-as-a-Service (BaaS), with plans to integrate blockchain capabilities to streamline specialty payments.

Forward-looking statements in the press release indicate potential risks, including economic conditions and competition, which may impact operational outcomes.

AppTech Payments Corp. (NASDAQ:APCX) announced a Memorandum of Understanding with Broadnet Technologies, LLC, a premier SMS/Text Provider. This collaboration aims to finalize several agreements within 60 days, enhancing AppTech's presence in the global text-to-pay market. Through this partnership, AppTech plans to integrate its Commerse^TM platform and patent-based SMS solutions, reaching Broadnet's extensive client base of over 60,000. The initiative is set to drive long-term growth and shareholder value, with a focus on Payments-as-a-Service and Banking-as-a-Service capabilities. Both companies anticipate mutual benefits, as AppTech's products will be integrated into Broadnet's existing offerings.

AppTech Payments Corp. (NASDAQ: APCX) announced its Annual Shareholder Meeting scheduled for May 2, 2023, at 10:00 AM PST. The meeting will be held virtually, allowing shareholders from all locations to participate. Shareholders of record as of March 8, 2023, have been notified via direct mail, and those who have not received the notice by April 7, 2023, are encouraged to contact AppTech's Investor Relations.

AppTech specializes in digital financial services and maintains exclusive licensing and patented technology capabilities, aiming to innovate commerce experiences for businesses and consumers.

AppTech Payments Corp. (NASDAQ: APCX) reported its fourth quarter and fiscal year 2022 results, showcasing a revenue increase of 14% in Q4, totaling $108,000, and a 27% rise for the full year, reaching $450,000. The growth is attributed to increased transaction volumes and additional merchant onboarding. As of December 31, 2022, the company holds a cash balance of $3.5 million. Notably, AppTech launched its Commerse platform, enhancing its offerings in the Payments-as-a-Service space. Following a $15 million public offering in January 2022, the company bolstered its capital with an extra $5 million, positioning itself for strategic growth opportunities.

AppTech Payments Corp. (NASDAQ: APCX), a leading Fintech company, announced its participation in the Nuvei Partner Conference held from March 12-14, 2023, in Scottsdale, AZ. Key executives, including President Virgil Llapitan, will engage with Nuvei's leadership and other partners to explore strategic business opportunities, particularly in Text-to-Pay and Banking-as-a-Service (BaaS). This collaboration aims to bolster AppTech's SaaS offerings and enhance its innovative services, leveraging its patented technology for improved customer experiences. For more details, visit apptechcorp.com.

AppTech Payments Corp. (NASDAQ: APCX) has partnered with MZ Group to implement a strategic investor relations program aimed at enhancing the company's visibility in capital markets. This initiative will promote AppTech's unique Commerce Experiences-as-a-Service (CXS) platform, known for its cloud-based solutions and mobile commerce patents. AppTech aims to leverage its robust balance sheet and leadership to capitalize on the growing digital commerce market, projected to reach $38 billion by 2030. MZ Group's expertise will help AppTech connect with investors and drive revenue growth, ultimately enhancing shareholder value.

AppTech Payments Corp. (NASDAQ: APCX) has announced a strategic partnership with Nuvei (NASDAQ: NVEI) to enhance its global reach and Software as a Service (SaaS) offerings. This collaboration aims to innovate and expand AppTech's services including text-to-pay and geolocation solutions. President Virgil Llapitan expressed enthusiasm about leveraging Nuvei's technology to improve their Commerse platform. This development follows a series of significant achievements in 2022, including acquisitions and partnerships aimed at enhancing payment capabilities.