AppTech Payments Corp. operates in the fintech industry, providing digital payment and banking solutions with a focus on innovative platforms and patented technologies, serving SMEs, financial institutions, and unbanked communities.

# Company Summary: AppTech Payments Corp.

## Business Overview
- **Industry Focus:** Financial technology (Fintech), digital payments, and digital banking solutions.
- **Main Products & Platforms:**
  - **FinZeo™ Platform:** An all-in-one, modular, cloud/edge-based financial platform.
  - **Payments-as-a-Service (PaaS):** Provides solutions for digital and mobile payment acceptance, including ACH (Automated Clearing House), credit/debit card processing, eChecks, mobile payments, electronic billing, and text-to-pay.
  - **Banking-as-a-Service (BaaS):** Empowers financial institutions to offer digital banking services, including neo-banking, virtual payments, P2P transfer, payroll, expenses, treasury management, and disbursements.
  - **Automated Underwriting:** Digitizes and expedites business onboarding with digital applications and e-signatures, customizable pricing, and risk models.
  - **Portals for ISOs/ISVs:** Personalized portals enable third-party resellers and software vendors to integrate and manage payments and banking services seamlessly, with options for white labeling.
  - **Patented Technologies:** Includes innovations like Text-to-Pay via SMS, mobile advertising, and lead generation patents, protected by patents to limit competition.

## Customers and Market
- **Customer Base:** Over 150 merchants across various verticals (unspecified exact number of end-users).
- **Target Markets:**
  - Small to Medium Enterprises (SMEs)
  - Financial institutions seeking digital transformation
  - Technology companies
  - Unbanked and underbanked communities (potential markets in emerging regions)
- **Partnerships & Licenses:**
  - Strategic licensing agreements with companies like InstaCash and PayToMe.co (terminated or ongoing as noted).
  - Engages with third-party processing providers for transaction execution.

## Employees and Management
- **Number of Employees:** 9 full-time employees.
- **Key Management:** Includes the Interim CEO, CFO, and other executives, with management actively pursuing additional funding and strategic partnerships.

## Financial Figures (2024)
- **Revenue:** $276,000 (a 45% decrease from $504,000 in 2023, mainly due to licensing cancellations and legacy revenue declines).
- **Gross Profit:** $224,000.
- **Net Loss:** $8.93 million.
- **Expenses:**
  - General & Administrative: $7.79 million.
  - Research & Development: $1.98 million.
- **Cash & Cash Equivalents (2024):** $868,000 (decreased from $1.28 million in 2023).
- **Market Capitalization:** Approximate market value of $19.0 million as of June 30, 2024.
- **Outstanding Shares (2025):** 33,283,329 shares.

## Other Key Points
- **Business Model:**
  - Licensing fees, transaction processing fees, subscription/licensing revenues.
  - Revenue streams are still emerging, with ongoing development and deployment of the platform.
- **Growth Strategy:**
  - Leverage existing IP, develop new products, form strategic alliances, pursue acquisitions.
  - Focus on reducing integration complexity, expanding digital payment and banking solutions globally.
- **Patent Portfolio:** Protects key products, limiting direct competition and enabling strategic partnerships.
- **Liquidity & Going Concern:** Limited revenues, recurring losses, and recent restructuring have led to substantial doubt about continuous operations. Active efforts for additional funding are underway.

---

*Note:* The company recently acquired alliance technology (FinZeo) and has ongoing investments in patents, proprietary platforms, and strategic licensing, aiming to modernize and expand digital payment and banking offerings globally.

AppTech Payments Corp. is a fintech company that provides innovative payment and banking solutions through its modular cloud-based platform, FinZeo™.

# Summary of AppTech Payments Corp.

**Company Overview**
- **Name**: AppTech Payments Corp.
- **Reincorporated**: December 23, 2021, in Delaware.
- **Headquarters**: Carlsbad, California, with a second office in Austin, Texas.
- **Total Employees**: 18 full-time employees (as of the date of the report).
- **Website**: [www.apptechcorp.com](http://www.apptechcorp.com).

**Business Model**
AppTech Payments operates in the financial technology (Fintech) sector, offering a modular cloud-based platform known as **FinZeo™**, which provides:

1. **Payments-as-a-Service (PaaS)**: Integrated solutions for digital and mobile payment acceptance, including:
   - ACH (Automatic Clearing House)
   - Credit and Debit Card Processing
   - eCheck
   - Mobile Processing
   - Electronic Billing
   - Text-to-Pay solutions.

2. **Banking-as-a-Service (BaaS)**: Provides financial management tools for institutions, empowering them to offer banking services at lower costs than traditional banking. Key features include:
   - Automated underwriting processes.
   - Product customization capabilities.

3. **Commerse™ Portal**: Allows Independent Sales Organizations (ISOs) and Independent Software Vendors (ISVs) to integrate AppTech’s services into their platforms seamlessly.

**Market Penetration and Client Base**
- **Customers**: Over 100 merchants across various market verticals.
- **Target Markets**: Financial institutions, technology companies, and Small to Medium Enterprises (SMEs) seeking modern payment solutions.

**Products and Innovations**
- **Omni-channel Payments**: A suite of tools to facilitate easy payment acceptance through various channels.
- **Digital Banking Capabilities**: Services designed to offer financial institutions a comprehensive banking solution.
- **Text Payment Technology**: A patented system allowing transactions via SMS and messaging platforms.

**Financial Highlights**
- **Total Revenue**: Specific revenue figures are not provided in the provided text.
- **Recent Developments**: The company experienced a legal settlement that resulted in a gain of $250,000 during the year ended December 31, 2023.
  
**Growth and Competitive Strategy**
- AppTech aims to continually expand its product offerings, develop its intellectual property, and form strategic partnerships to enhance its market position.
- The company is focused on reducing integration complexity for its clients and enhancing their user experiences with innovative technologies.
  
**Risks and Challenges**
- The company cites several risks including delays in client onboarding, substantial investments for new revenue streams, competition, regulatory challenges, and cybersecurity threats.

AppTech Payments Corp. positions itself as a forward-thinking player in the financial services industry, leveraging technology to meet evolving market demands and improve customer experiences.

AppTech Payments Corp.

10-K / March 31, 2025

10-K / April 1, 2024

10-K / March 31, 2025

Company Summary: AppTech Payments Corp.

Business Overview

Customers and Market

Employees and Management

Financial Figures (2024)

Other Key Points