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Announced

Completed

AppTech Payments completed the acquisition of FinZeo.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Single Bidder

Acquisition

Domestic

Friendly

United States

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Private

Completed

money movement

FinTech

Synopsis

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AppTech Payments, a digital financial services provider, completed the acquisition of FinZeo, a software development company centered around the movement of money. Financial terms were not disclosed. “This acquisition aligns seamlessly with AppTech's strategic initiatives, marking our steadfast commitment to investing in innovation and technology. We are resolute in our mission to foster revenue synergy and provide specialty payments for businesses and partners, while continuing to lead the way in the ever-evolving Fintech landscape. With FinZeo fully integrated into our Commerse™ product suite, we trust the market will be highly receptive to our comprehensive PaaS and BaaS solutions. We welcome the FinZeo team to our company and look forward to executing on our commercialization strategy to ultimately generate value for our shareholders,” Luke D’Angelo, AppTech Payments Chairman and CEO.

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