Alpha Cash app expands check deposit service to 38 states
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Alpha Modus Holdings, Inc. (NASDAQ: AMOD), through its subsidiary Alpha Modus Financial Services, LLC, announced that its mobile financial services platform, Alpha Cash, has expanded check deposit availability to 38 states.
To coincide with the expansion, the company is offering free check deposits to all Alpha Cash users through Sept. 30, 2026, applicable on the mobile app and at participating kiosk locations. The offer applies upon full account activation.
The Alpha Cash app also offers international money remittance and is available on iOS and Android devices.
According to a 2023 FDIC report cited in the company's press release, an estimated 24.6 million U.S. households are unbanked or underbanked, including 5.6 million with no bank or credit union account and 19.0 million that hold an account but still use nonbank services for everyday financial needs.
"There are tens of millions of Americans paying too much just to use money they have already earned, and until now most of them had a lack of options within reach," said William Alessi, Chief Executive Officer of Alpha Modus Holdings. "Taking Alpha Cash across the country changes that. Making check deposit free through September is our way of telling those families the door is open, and it costs nothing to walk through."
Alpha Modus Holdings describes itself as a vertical AI company focused on real-time, in-store shopper engagement and attribution, with Alpha Cash operating as one of its financial services subsidiaries.
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