---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-003963"
form_type: "8-K"
ticker: "APCX"
cik: "0001070050"
company_name: "AppTech Payments Corp."
filed_at: "2023-06-07T23:59:59+00:00"
generated_at: "2026-06-14T05:35:58.177482+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AppTech terminates $2.2M strategic partnership with Infinios, pivots to proprietary tech

## Summary
- Terminated Restated Agreements with Infinios; effective termination date under negotiation.
- Gross total fees of $2.2M under agreements; ongoing maintenance and support fees eliminated.
- Company will use its own proprietary technology for its CommerseTM Platform.
- New partnership with Nasdaq-listed Nuvei to support GTM strategy in North America.
- Exploring additional partnerships for BaaS solutions including peer-to-peer remittance.

## SEC filing metadata
- accession: 0001683168-23-003963
- form_type: 8-K
- ticker: APCX
- cik: 0001070050
- company_name: AppTech Payments Corp.
- filed_at: 2023-06-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070050/000168316823003963/0001683168-23-003963-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070050/000168316823003963/apptech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-003963
- JSON: https://secwatch.observer/filing/0001683168-23-003963.json
- Plain text: https://secwatch.observer/filing/0001683168-23-003963.txt

## Key facts
- Material Agreements
  AppTech Payments Corp. terminated Restated Agreements with Infinios Financial Services BSC valued at $2.2 million.
  - Action: termination
  - Agreement: license
  - Counterparty: Infinios Financial Services BSC
  - Value: $2.2 million
  source text: As of the Termination Date, the Restated Agreements will be terminated in their entirety and Infinios will not be entitled to any annual maintenance subscription fee or infrastructure support fee from the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070050/000168316823003963/0001683168-23-003963-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.