AppTech Payments Corp. announced the closing of its acquisition of InfinitusPay on November 5 2025. The deal is structured as a blend of cash, equity and warrants: the company paid $2 million in cash at closing (after adjusting for indebtedness), issued 1 million newly‑issued common shares as Closing Date Shares, and 4 million shares as Lock‑Up Shares. Sellers also received warrants to purchase up to 4 million shares at $3.00 per share, exercisable under specified conditions, and a contingent $1 million cash payment that will trigger if InfinitusPay’s monthly revenue reaches $300 k for three consecutive months post‑closing.
The acquisition is designed to accelerate the deployment of new Banking‑as‑a‑Service (BaaS) features within AppTech’s FinZeo platform. InfinitusPay brings a suite of embedded financial solutions, a skilled engineering team, and a customer portfolio that is already generating profitable operations. By integrating InfinitusPay’s technology and customer base, AppTech can broaden its service offering, deepen market penetration, and strengthen its competitive positioning against larger incumbents in the fintech space.
AppTech’s financial performance in the months leading up to the deal shows a company in transition. In Q2 2025 the company reported an operating loss of $1.9 million ($0.06 per share), an improvement from the $2.9 million loss ($0.12 per share) in Q2 2024. Revenue trends have been mixed, with Q3 2024 revenue at $43 k versus $140 k in Q3 2023, and a net loss of $2.0 million compared to $2.9 million in Q3 2023. The infusion of InfinitusPay’s profitable operations is expected to offset some of the current revenue decline and provide a new revenue stream that can help AppTech move toward profitability.
Management emphasized the strategic fit and expected synergies. CEO Thomas DeRosa said, “This acquisition marks a pivotal step toward shaping the future of payments. InfinitusPay’s technology and team accelerate our ability to deliver intelligent, embedded financial solutions and expand our reach across digital commerce.” Alan Carr, former CEO of InfinitusPay and newly appointed Chief Product Officer at AppTech, added, “Our teams are aligned in their focus on innovation, operational efficiency, and revenue generation.” Chairman Albert Lord noted, “Infinitus brings us added technological and sales talent, a growing customer portfolio and profitable operations.”
The integration plan will require additional capital and operational effort. AppTech has indicated that it will allocate resources to merge InfinitusPay’s engineering and product teams into the FinZeo ecosystem, align customer support and billing systems, and roll out new BaaS features across the combined platform. While specific milestones and a timeline have not been disclosed, the company expects the integration to be completed within 12 to 18 months, with full operational synergy realized by the end of 2026.
The acquisition positions AppTech to accelerate its long‑term platform development strategy. By adding InfinitusPay’s embedded solutions and profitable operations, the company can broaden its BaaS offering, capture new customer segments, and improve its competitive stance against larger incumbents. The deal also signals confidence in the company’s ability to execute strategic acquisitions and scale its platform, potentially improving investor perception of AppTech’s growth trajectory.
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