AppTech Payments Corp.

AppTech Payments Corp. is a US-based financial technology company specializing in seamless digital payment processing solutions for businesses of all sizes. Founded in 2013 and headquartered in Carlsbad, California, AppTech Payments Corp. develops financial solutions to facilitate digital transactions.

The company was established by Kevin Nelson, Phillip Appel, and Stephanie Pech, and currently operates under the leadership of CEO Khaled Al-Gahuri. AppTech recently completed a funding round in December 2024, raising USD 5. 00 mn from AFIOS Partners, bringing its total amount raised to USD 5. 00 mn.

This was their first recorded deal. AppTech Payments Corp. specializes in providing innovative financial technology solutions that facilitate secure and seamless digital payment processing. The Commerse™ platform at the core of their offerings enables businesses to accept various forms of digital payments, including credit cards and alternative payment methods.

Enhanced features like SMS payment and invoicing capabilities simplify transactions and enhance customer choice. The company’s patent-backed technologies, including the pioneering Text-to-Pay solution, cater to diverse industries such as e-commerce, retail, and services, allowing effective transaction management for businesses across the United States. In 2023, AppTech Payments Corp. generated revenue of USD 504,000.

The company reported an EBITDA loss of USD 18,196,000 for the same year. Their revenue model is based on merchant services and payment processing solutions, which include subscription services and transaction-based fees that cater to various clients, from small businesses to larger enterprises. In December 2024, AppTech Payments Corp. raised USD 5 million in venture funding from AFIOS Partners, which will be utilized to support its expansion plans.

The company aims to introduce new products and enhance its service offerings to target emerging markets in the fintech sector. Specific geographic regions targeted for this expansion have not been detailed, but the funding is intended to bolster their growth efforts.