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Alpha Modus (NASDAQ: AMOD) Secures Exclusive National Rights to Deploy CashXAI's AI-Driven Financial Kiosks—Aimed to Serve 60M+ Underbanked in America
Globenewswire· 2025-07-23 12:30
Core Insights - Alpha Modus Holdings Inc. has secured exclusive nationwide licensing rights to deploy and monetize CashX kiosks and mobile applications across the U.S., superseding all prior agreements [1] - The agreement positions Alpha Modus as the sole fulfillment arm for CashX's existing and future contracts, with a potential reach of up to 20,000 locations over the next 3 to 5 years, translating to over $20 million in monthly recurring revenue at full scale [2] Company Strategy - The exclusive license allows Alpha Modus to execute at scale, aiming to deliver financial services to over 60 million underbanked households in America with enhanced speed and efficiency [3] - The CashX kiosk will be central to Alpha Modus's partner ecosystem, facilitating the integration of its patented retail technologies with other innovative solutions [3][4] Financial Services Offering - The CashX Platform will provide essential services such as check cashing, remittances, bill payment, mobile top-up, crypto access, and gift cards, targeting the underbanked population [4] - Alpha Modus's integration of AI patents is expected to enhance analytics, ad targeting, and revenue generation within the CashX framework [7] Investment and Growth Potential - The agreement includes a capital commitment of up to $2 million from Alpha Modus to accelerate the nationwide rollout of CashX technologies [7] - The perpetual license to CashX's core intellectual property allows for potential global expansion within 18 months [7]