Xalles Holdings Inc. a fintech holding company that provides technology and financial services solutions, announced today that it has completed the acquisition of Nevada-based Appy Perks, Inc. “Appy Perks”and will become a wholly owned subsidiary of Xalles Financial Services Inc.
Appy Perks will use gamification to attract new and repeat customers for local businesses. The first game is a Perks wheel in which users can spin for free and discounted Perks from local businesses. Appy will introduce its program to SMBs via a low-cost subscription program. Each business subscriber will have their own business portal with analytics tailored to the Perks program.
Businesses will also be able to create Perks wheels for special occasions such as birthdays, veterans, and current college students. Users who qualify for the special Perks wheels can only see these special Perks. Appy Perks makes use of GPS and location services to display only local businesses based on the user’s location.
David Avne, a US Air Force veteran, leads Appy Perks. David has over 25 years of experience in eCommerce and has founded and exited several companies, including founding a company that created the Interactive Aircraft Budget Analyzer products and developing an Internet Content Program that assisted PowerNet Online in recruiting over 100,000 new members in its first month.
David has also worked as a licensed stockbroker for Edward Jones Investments and Charles Schwab in the past.
We are very excited to be a part of the Xalles family, said David Avne, President of Appy Perks. Within its corporate walls, Xalles is constructing a powerhouse of companies that will collaborate to create multiple business solutions for SMBs worldwide. Appy Perks will soon launch its straightforward customer retention program to millions of SMBs. This will open the door for Xalles to introduce other complementary products and services to the SMB market, such as AI and payments.
Xalles Holdings Inc. is a holding company that specializes in direct investments in disruptive fintech firms. The company actively seeks acquisition targets in which to invest and accelerate growth, with a focus on companies with strong management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities.
The company emphasizes the use of blockchain and other technologies to provide industry-leading financial reconciliation and auditing solutions, which will allow for the capture of recurring revenue streams in the long run.