AppTech Payments Announces Strategic Partnership with First Inning Ventures to Expand Commerse™ Suite in the International and Domestic Sports Market
January 26 2024 - 7:30AM
AppTech Payments Corp. (Nasdaq: APCX) (“AppTech” or the
“Company”), a pioneering Fintech company powering frictionless
commerce between business-to-business and business-to-consumer,
announces a strategic partnership with First Inning Ventures (FIV),
an international sports marketing and consulting agency.
Luke D’Angelo, AppTech CEO, commented, “The collaboration with
First Inning aligns seamlessly with our vision to drive new revenue
within addressable markets ripe for transformative growth. We look
forward to working closely with FIV to leverage their extensive
relationship infrastructure to help scale the user base of our
Specialty Payments platform while building long-term shareholder
value.”
FIV is a multi-faceted sports agency and consulting firm
committed to helping professional teams develop their brands,
establish relationships with sponsors, create high quality content,
and fully capitalize on the individual marketability of its players
with effective NIL brand management. First Inning’s leadership team
is comprised of capital markets veterans, former professional
athletes, tech entrepreneurs and seasoned branding experts,
uniquely positioning the company to understand and serve the
specific needs of professional sports teams and their athletes.
Ira Miller, First Inning Founder and CEO, stated, “AppTech is
well positioned in the robust merchant payments space with dynamic
intellectual property and proven execution capabilities. We see a
strong opportunity to drive significant growth by leveraging our
network of domestic and international sports teams which include
commercial operations into a niche user vertical capable of
evolving into an industry benchmark platform.”
First Inning COO, Kevin Owens, added, “We believe that our
combined strengths will drive increased visibility and availability
of the innovative CommerseTM suite. My experience as a professional
athlete has afforded me great insight to the specific fintech
requirements of A, B and C level sports organizations. We look
forward to defining, serving, and amplifying this market alongside
our trusted partners at AppTech.”
About AppTech Payments Corp.AppTech Payments
Corp. (NASDAQ: APCX) provides digital financial services for
corporations, small and midsized enterprises (“SMEs”) and consumers
through the Company’s scalable cloud-based platform architecture
and infrastructure, coupled with our Specialty Payments development
and delivery model. AppTech maintains exclusive licensing and
partnership agreements in addition to a full suite of patented
technology capabilities. For more information, please
visit www.apptechcorp.com.
Forward-Looking StatementsThis press release
contains forward-looking statements that are inherently subject to
risks and uncertainties. Any statements contained in this document
that are not historical facts are forward-looking statements as
defined in the U.S. Private Securities Litigation Reform Act of
1995. Words such as “anticipate, believe, estimate, expect,
forecast, intend, may, plan, project, predict, should, will” and
similar expressions as they relate to AppTech are intended to
identify such forward-looking statements. These risks and
uncertainties include, but are not limited to, general economic and
business conditions, effects of continued geopolitical unrest and
regional conflicts, competition, changes in methods of marketing,
delays in manufacturing or distribution, changes in customer order
patterns, changes in customer offering mix, and various other
factors beyond the Company’s control. Actual events or results may
differ materially from those described in this press release due to
any of these factors. AppTech is under no obligation to update or
alter its forward-looking statements, whether as a result of new
information, future events, or otherwise.
Investor Relations Contact:CORE IRScott
Arnoldscotta@coreir.com
AppTech Payments
Corp.760-707-5959info@apptechcorp.com
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