AppTech Payments Appoints Julia Yu as Senior Vice President of Corporate Finance and Accounting

Rhea-AI Summary

AppTech Payments Corp. (NASDAQ: APCX) appointed Julia Yu as Senior Vice President of Corporate Finance and Accounting on April 20, 2022. With over 20 years of experience in finance and accounting, Yu will oversee all financial functions as AppTech seeks global expansion. Previously a Director of Finance at Caladrius Bioscience, Yu holds multiple finance certifications and MBAs. CEO Luke D'Angelo highlights her leadership as essential for the company's growth and strategic goals, particularly in launching their payments platform and pursuing acquisitions.

Positive

• Julia Yu's extensive experience in finance and accounting is expected to enhance the company's financial planning and strategy.
• Her leadership role may facilitate smoother financial operations as AppTech aims for global expansion.

Negative

• Potential concerns about continuity and experience gaps if the transition is not managed effectively.

CARLSBAD, Calif., April 20, 2022 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX) a Fintech company powering commerce experiences, today announced the appointment of Julia Yu as Senior Vice President of Corporate Finance and Accounting. As the Company begins to expand payments globally, Julia will oversee AppTech’s accounting, finance, and reporting functions. In this new position, Julia will play an integral role in the Company’s financial planning and strategy activities.

Julia brings to AppTech over 20 years of finance, accounting, compliance, and SEC reporting experience from various publicly traded companies. Most recently, Julia served as Director of Finance for Caladrius Bioscience, where she played an essential role in all aspects of the Company’s accounting and reporting functions. Previously, she held senior finance and accounting roles at AOB Inc., Weida Communications, Whirlpool, and Unilever.

Ms. Yu is a Certified Public Accountant, Certified Internal Auditor, Chartered Global Management Accountant, and has MBAs from Webster University and Shanghai University of Finance and Economics.

“We are continuing to attract and build a robust team at AppTech, and we are excited to have Julia lead our accounting and finance functions as we look to substantially grow our organization,” said Luke D’Angelo, CEO of AppTech Payments Corp. “Julia has built a distinguished career as an accounting and finance professional in fast-growing companies. This experience will become critical as we begin to launch our payments platform and consider further acquisitions.”

About AppTech
AppTech Payments Corp. is developing a modular and highly scalable and secure Fintech platform that is set to fuel the future of commerce. Our platform drives B2B, B2C and P2P capabilities in payments as a service (Paas) and Banking as a service (Baas) including crypto currency payments and contactless payment options like text-to-pay, QR, mobile-to-mobile and payments in the metaverse. The APCX platform powers commerce so our clients, including SaaS, e-commerce, technology, retail, financial and consumer brand companies can deliver seamless (commerce) experiences to their customers when, where and how they want to transact.

For more information about our company, please visit www.apptechcorp.com.

Forward-Looking Statements
This 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
Lytham Partners, LLC
Mr. Ben Shamsian
New York | Phoenix
E: shamsian@lythampartners.com
P: 646-829-9701

AppTech Payments Corp.
E: info@apptechcorp.com
P: 760-707-5959

FAQ

Who is Julia Yu and what is her role at AppTech Payments Corp.?

Julia Yu has been appointed as Senior Vice President of Corporate Finance and Accounting at AppTech Payments Corp., where she will oversee the company's accounting and finance functions.

What are Julia Yu's qualifications?

Julia Yu is a Certified Public Accountant, Certified Internal Auditor, and Chartered Global Management Accountant, holding MBAs from Webster University and Shanghai University of Finance and Economics.

How will Julia Yu's appointment impact AppTech's growth strategy?

As a seasoned finance professional, Julia Yu's appointment is expected to strengthen AppTech's financial planning and facilitate its strategy for global expansion.

When was Julia Yu appointed to AppTech Payments Corp.?

Julia Yu was appointed on April 20, 2022.

What experience does Julia Yu bring to AppTech?

Julia Yu brings over 20 years of experience in finance, accounting, compliance, and SEC reporting from various publicly traded companies.