Recent Updates — APCX
Interim CEO Felipe Corrado issued a letter to shareholders outlining AppTech's strategic pivot to become a leading payments infrastructure technology company following the October 2025 acquisition of Infinitus Pay. The company is consolidating its offerings onto a single unified platform with AI-enabled capabilities, expected to launch before year-end, to improve scalability and compliance. Key growth initiatives include credit card issuance targeting late 2027 revenue, digital asset conversions, a bank yield program, and compliance-as-a-service. Corrado noted that near-term growth may slow as the company winds down its legacy Finzeo platform and addresses banking partner matters to reduce operational risk. AppTech Payments Corp. provides digital financial services for financial institutions, corporations, SMEs, and consumers through a scalable cloud-based payment and banking infrastructure.
AppTech Payments Corp. announced that Anthony Shall’s employment as the company’s Chief Operating Officer ended on September 30, 2026. The filing does not disclose a reason for the departure or any severance arrangements. AppTech Payments Corp. operates in the payments technology industry.
On September 29, 2026, AppTech Payments Corp. entered into a Securities Purchase Agreement with GS Capital Partners, LLC, issuing an unregistered promissory note with an aggregate principal amount of $560,000 and 80,000 shares of common stock. The transaction yielded gross proceeds of approximately $505,000 after accounting for a $55,000 original issue discount. The note bears interest at 10% per annum, matures on November 28, 2027, and requires six principal payments of $87,000 starting 180 days post-issuance. GS Capital holds the option to convert the debt into common stock at a fixed price of $2.00 per share, subject to adjustment provisions including an 80% discount upon default. The company operates in the payments processing industry.
AppTech Payments Corp entered into a $500,000 promissory note with the Suzanne D. Lord Spousal Estate Reduction Trust on August 10, 2026, for short-term working capital and general corporate purposes. The loan bears interest at 9.0% per annum and matures ninety days from issuance, with no principal or interest payments required prior to maturity. The transaction is classified as a related person matter because Albert L. Lord, Jr., the Company's Chairman of the Board, serves as trustee for the lending trust. AppTech Payments Corp operates in the financial technology industry, providing payment processing solutions.