Alpha Modus secures exclusive US rights to deploy CashXAI financial kiosks

Alpha Modus Holdings Inc. (NASDAQ: AMOD) announced an agreement with CashXAI, Inc. and CashX, LLC granting the company exclusive nationwide licensing rights to deploy and operate CashX kiosks and mobile applications across the United States.

The agreement positions Alpha Modus as the sole fulfillment entity for all existing and future CashX contracts in the U.S. The company stated the arrangement could enable deployment across up to 20,000 U.S. locations over the next 3 to 5 years, with the potential for over $20 million in monthly recurring revenue at full scale.

"This exclusive license allows us to execute at scale—potentially delivering vital financial services to the 60 million+ underbanked households in America with speed, reach, and efficiency," said Chris Chumas, Chief Sales Officer of Alpha Modus.

Under the terms, Alpha Modus receives full exclusivity to deploy and operate CashX kiosk and mobile technologies in the U.S., along with a perpetual license to CashX's intellectual property. The company has an option to expand globally within 18 months and will commit up to $2 million in capital to accelerate the nationwide rollout.

The agreement includes the takeover of existing CashX contracts across thousands of locations and integration of Alpha Modus's AI patents to enhance analytics and revenue generation capabilities.

The CashX platform provides financial services including check cashing, remittances, bill payments, mobile top-up, cryptocurrency access, and gift cards through both kiosks and mobile applications, targeting underbanked populations.

Alpha Modus develops AI-powered solutions for point-of-sale intelligence and customer engagement for retailers and fintech operators. The information is based on a company press release statement.

You May Also Be Interested In

• Goldman Sachs Upgrades New Oriental Education (EDU) to Buy
• RBC Capital Starts Natera (NTRA) at Outperform
• Graphic Packaging elects Larry Venturelli as board chairman