AppTech Payments Corp
apptechcorp.comWhat Do They Do?
Provides digital banking and payment-processing technology to financial institutions, businesses, and technology companies.
10-K for FY2025, filed Mar 31, 2026AppTech offers a suite of financial technology solutions designed to empower financial institutions, technology providers, and enterprise…View ↗
AppTech’s historical core business consists of merchant transaction services. The Company generates revenue by processing credit and debit…View ↗
AppTech’s digital financial technology platform incorporates two primary product pillars: omnichannel digital payments and digital banking…View ↗
How Do They Make Money?
Businesses pay one-time setup fees when an account is ready to transact, plus monthly platform fees and processing fees that may be flat, per transaction, or based on transaction value. Customers are invoiced at month-end.
10-K for FY2025, filed Mar 31, 2026The Company provides one-time customer setup services that include gathering and validating required compliance documentation for its…View ↗
Monthly recurring platform access fees and transaction-based fees represent consideration for continuous platform access and payment…View ↗
Customers are invoiced in arrears at month-end, and amounts billed but not yet collected are recorded as accounts receivable.View ↗
The Company provides merchant processing solutions for credit card and ACH transactions. We act as an intermediary between merchants, who…View ↗
$1.4M
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10-K for FY2025, filed Mar 31, 2026
$1.4M ↗
Who Are Their Customers?
Merchants use AppTech for card and ACH processing; financial institutions and technology providers can deploy its digital banking and payment tools off the shelf or embed them in their applications.
10-K for FY2025, filed Mar 31, 2026AppTech’s historical core business consists of merchant transaction services. The Company generates revenue by processing credit and debit…View ↗
AppTech’s digital financial technology platform incorporates two primary product pillars: omnichannel digital payments and digital banking…View ↗
The platform supports the development and deployment of customized financial experiences through open and private APIs, third-party…View ↗
10-K for FY2025, filed Mar 31, 2026
For the year ended December 31, 2025, two customers accounted for 31% and 15% of our revenues compared to 34%, 22% and 15% for the top…View ↗
Do Revenues Turn Into Profits?
No. It lost $7.9M in FY2025.
10-K for FY2025, filed Mar 31, 2026
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
−$1MView ↗
- ▼ −46% (Loss)
- vs −$1.9M in Q2 FY2025
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Jul 10, 2026
CEO departed and interim CEO was appointed
Thomas J. DeRosa left the role; Felipe A. Corrado IV was named interim CEO and CFO.
Sources
8-K, filed Jul 10, 2026
On July 1, 2026, AppTech Payments Corp. (the “Company”) released Thomas J. DeRosa from his roles as President and Chief Executive Officer…View ↗
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May 8, 2026
Albert L. Lord was designated Executive Chairman
Sources
8-K, filed May 8, 2026
On May 4, 2026, the Board of Directors (the “Board”) of AppTech Payments Corp. (the “Company”) discussed and approved certain executive…View ↗
Growing. Revenue grew 3940.7x in 4 years, from $354 in FY2021 to $1.4M in FY2025, about 692% a year.
A banking-platform focus
The older report framed Commerse as a platform spanning payments, banking, and commerce services; the latest report centers on the AppTech Banking Platform for digital banking and financial workflows, with payment processing also continuing.
10-K for FY2022, filed Mar 20, 2023 10-K for FY2025, filed Mar 31, 2026AppTech’s all-new, innovative Fintech platform, “Commerse™” officially launched in October 2022. The platform delivers best-in-class…View ↗
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