AppTech Payments Reports Second Quarter 2022 Results
CARLSBAD, Calif., Aug. 04, 2022 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), a Fintech company powering commerce experiences, today announced results for the three months ended June 30, 2022. The financial statements and 10-Q are available on sec.gov.
Second Quarter 2022 Financial Highlights
Recent Business Highlights
Luke D’Angelo, CEO of AppTech commented: “In the second quarter, we engaged in a number of forward-propelling activities to accelerate our progression to help meet the planned launch of our platform in 2022. Our team has been focused on delivering a Fintech product to market that will create seamless omni-channel experiences for clients and their customers. Our expected launch later this year has ignited excitement within our clients who are eager to deliver innovative payment technologies, especially crypto integration, to meet the needs of their customers.
Our digital payments and all-in-one banking platform is rooted in industry standards, and can be used as a standalone or enterprise solution. The platform designed to deliver transformative customer experiences across a broad base of retail industries and clients, including merchants, banking institutions and business enterprises alike.
Our technology is based on our strong portfolio of patents, covering many areas, including mobile-to-mobile and computer-to-mobile payment. Our recent acquisition of Hothand further bolsters our patent portfolio to 17 total patents. Our ownership of these patents, many of which have been cited by industry-leading corporations, will allow us to pursue licensing agreements with several large companies, many of which are currently using AppTech intellectual property.
With a strong balance sheet, coupled with our exceptional leadership team, we are well-positioned to successfully execute our plans to become a premier Fintech platform that powers commerce experiences, optimizes financial operations and generates brand loyalty with end users.”
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AppTech Payments Corp.