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  6. AppTech Acquires FinZeo

M&A Deal Summary

AppTech Acquires FinZeo

On September 20, 2023, AppTech acquired software company FinZeo

Acquisition Highlights
  • This is AppTech’s 1st transaction in the Software sector.
  • This is AppTech’s 1st transaction in the United States.
  • This is AppTech’s 1st transaction in Nevada.

M&A Deal Summary
Date 2023-09-20
Target FinZeo
Sector Software
Buyer(s) AppTech
Deal Type Add-on Acquisition

Target

FinZeo

Sparks, Nevada, United States
FinZeo is a software development company centered around the movement of money, nationally and globally. The company's technologies enable customers, including large and medium enterprises, to seamlessly incorporate payment processing capabilities into their current operations and solve any banking pain points they experience. Its innovative solution allows clients to operate more efficiently and economically with faster payment processing, direct and exclusive financial agreements, reliable APIs, and a trustworthy merchant gateway solution. FinZeo is based in Sparks, Nevada.

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Buyer(S) 1

Buyer

AppTech

Carlsbad, California, United States
Category Company
Founded 1998
Sector Information Technology
Employees9
Revenue 330M USD (2020)
DESCRIPTION

AppTech provides digital financial services for corporations, small and midsized enterprises (“SMEs”), and consumers through its scalable cloud-based platform architecture and infrastructure, coupled with commerce experiences development and delivery model. The company maintains exclusive licensing and partnership agreements in addition to a full suite of patented technology capabilities. AppTech was founded in 1998 and is based in Carlsbad, California.

DEAL STATS #
Overall 1 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: Nevada M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-05 Infinitus Pay

London, United Kingdom

Infinitus Pay provides a cross-border payment and financial operations platform that enables businesses to send and receive payments in multiple currencies. Infinitus Pay provides onboarding, compliance, and communication tools to facilitate international transfers and settlements across over 150 countries. Infinitus Pay was founded in 2021 and is headquartered in London, United Kingdom.

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