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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]
Alpha Modus Appoints Tim Matthews as Head of Deployment Strategy to Accelerate CashX Rollout
Globenewswire· 2025-06-05 12:13
Core Insights - Alpha Modus Holdings, Inc. has appointed Tim Matthews as Head of Deployment Strategy to lead the expansion of its CashX kiosk network, which aims to digitize the retail cash experience and integrate with crypto-enabled financial services [1][3][4] Company Overview - Alpha Modus is a leader in AI-driven retail technology and real-time consumer intelligence, focusing on innovation and advanced AI to enhance retail decision-making [7] - The company has a strong intellectual property portfolio and is positioned at the forefront of the AI retail revolution [7] Strategic Developments - The appointment of Tim Matthews is seen as crucial for meeting the growing demand for CashX kiosks, with a focus on operational discipline and user-centricity as the network scales [4][5] - Matthews brings nearly two decades of experience in performance marketing, digital transformation, and go-to-market execution, which aligns with the company's strategic goals [4][5] Financial Alignment - Matthews' compensation includes base pay, equity incentives, and profit-sharing from CashX sales, aligning his interests with shareholder value [6]