AppTech Payments Corp. Diversifies and Strengthens Leadership Team

Rhea-AI Summary

AppTech Payments Corp. (NASDAQ: APCX) announced the addition of Amanda Glosson as Software Engineer and Kaylei Wright as Chief of Staff to enhance its leadership team. Glosson brings 14 years of experience in payments engineering from Blackbaud, while Wright, who has advanced from intern to Chief of Staff, will lead strategic direction and investor communications. The company aims to leverage their expertise to improve customer experiences and expand its digital payments capabilities further with recent partnerships, including an expansion into Canada.

Positive

• Amanda Glosson has 14 years of payments engineering experience, enhancing AppTech's technical capabilities.
• Kaylei Wright's promotion to Chief of Staff strengthens leadership continuity and strategic focus.
• Recent partnerships are set to expand cross-border payment capabilities, enhancing market presence.

Negative

• None.

Amanda Glosson and Kaylei Wright bring expansive experience to help propel AppTech forward in the global digital payments and banking space

CARLSBAD, Calif., July 28, 2022 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (AppTech) (NASDAQ: APCX), an innovative Fintech company powering commerce experiences, today announced an expansion of its leadership team to include two dynamic female leaders in the Fintech space: Software Engineer Amanda Glosson and Chief of Staff Kaylei Wright. Each bring considerable expertise, discernment of the Fintech ecosystems, and an ability to provide unique solutions to deliver harmonious customer experiences to scale partner brands for AppTech.

“We are incredibly excited to boost our leadership team with the extensive experience and knowledgebase of both Amanda and Kaylei,” said Luke D’Angelo, CEO of AppTech Payments Corp. “These impressive women not only bring diverse backgrounds to the organization but also fresh perspectives to help shape strategy and achieve the organization’s goal of powering seamless omni-channel experiences for clients and their customers.”

Ms.Glosson joins AppTech with 14 years of payments engineering experience at Blackbaud where she held several positions focused on a future-driven approach to solutions. In her new role, she is an integral part of the AppTech engineering team responsible for developing the organizations core payments and digital banking solutions to enable omni-channel commerce experiences for customers that propel business growth.

Ms. Wright was promoted to Chief of Staff at AppTech. She made great advancements at AppTech, starting as an intern in the investor relations group and eventually leading the communications team. In her new role as Chief of Staff, Ms. Wright will continue to work alongside multiple arms of the organizational leadership to shape strategic direction and define messaging for both investors and the general market alike.

Recently, AppTech announced a partnership that will expand their cross-border payment capabilities in Canada, setting the foundation for enabling a full range of stellar commerce experiences for both brands and customers across borders. The expansion into Canada further builds upon the strengthening of the organization’s fully integrated approach to unify a brand’s online and offline customer experiences and purchasing journeys following its acquisition of Hothand Inc. in late May. The deal provided the company with ownership over the intellectual property rights to a 13-patent portfolio that broadly covers geolocation triggered ecommerce and/or advertising via cell phone.

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. 

About AppTech Payments Corp
AppTech Payments Corp. (NASDAQ: APCX) is an innovative Fintech company with an elite digital platform that powers seamless omni-channel commerce experiences for clients and their customers. AppTech is developing a transformative digital payments and banking all-in-one platform that will upend the Fintech industry. Our embedded, highly secure platform drives B2B, B2C and P2P capabilities in Payments as a Service (PaaS) and Banking as a Service (BaaS) from crypto and contactless payment options to virtual cards, text-to-pay, mobile-to-mobile and cross-border remittance.

Investor Relations Contact
Ben Shamsian
Lytham Partners, LLC
shamsian@lythampartners.com
646-829-9701

Media Contact
Sarah Bilyeu
KCD PR for AppTech Payments Corp
sbilyeu@kcdpr.com
619-252-9111

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

FAQ

What are the recent leadership changes at AppTech Payments Corp.?

AppTech Payments Corp. appointed Amanda Glosson as Software Engineer and promoted Kaylei Wright to Chief of Staff to strengthen its leadership team.

How will Amanda Glosson's experience benefit AppTech?

Amanda Glosson brings 14 years of payments engineering experience, which will help enhance AppTech's core payments and digital banking solutions.

What role will Kaylei Wright play in AppTech after her promotion?

As Chief of Staff, Kaylei Wright will guide strategic direction and oversee communications with investors and the market.

What recent initiatives has AppTech undertaken to improve its market position?

AppTech recently announced a partnership to expand its cross-border payment capabilities in Canada, aiming to unify online and offline customer experiences.

How does the leadership expansion relate to AppTech's business goals?

The leadership expansion aims to leverage diverse experiences and perspectives to enhance customer experiences and achieve AppTech's goal of seamless omni-channel commerce.