Fintech

Newsmakers: CleanChoice Energy, Energywell, Dash Solutions, Central Payments

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Newsmakers: CleanChoice Energy, Energywell, Dash Solutions, Central Payments

Gains in renewable energy

The New Jersey Devils and Prudential Center announced a multi-year partnership with CleanChoice Energy, a climate solutions company, to make a monetary donation to the Arbor Day Foundation to coordinate the distribution of 2,000 trees that will be planted in communities throughout New Jersey. Throughout the remainder of 2023 and in 2024, representatives from CleanChoice Energy will be available on Prudential Center’s main concourse during select New Jersey Devils home games and various Prudential Center events for fans to learn more and sign up for 100% clean, renewable energy.


“We’re proud to partner with the Prudential Center and the New Jersey Devils, and we’re honored to work with the Arbor Day Foundation on this important tree distribution campaign,” said Tom Matzzie, CEO of CleanChoice Energy. “Through both clean, renewable energy and new trees, together we can help bring environmental benefits to the Newark area and New Jersey as a whole.”


Meanwhile, Energywell was featured in Solar Magazine for their collaboration with a national independent power producer to bring solar energy to consumers in Maine.


An energy technology company powering the sustainable energy transition, Energywell fully subscribed to its first project in Maine within a few short weeks using its proprietary Think+ sales channel, according to the article.


“Energywell’s unique value proposition sets a new market standard that brings real scale to customer acquisition and management for the community solar industry,” said Steve Condon, VP of Community Solar at Energywell. “Our high-efficiency model applies seamlessly in all states where community solar subscriptions are an option for our residential, LMI, and C&I energy customers, and we look forward to continuing our community solar growth in 2023.”

Fintech M&A and product launches

Dash Solutions, previously known as Prepaid Technologies, a payments and engagement technology provider, has recently announced its acquisition of KyckGlobal. Atlanta-based KyckGlobal is a fintech firm specializing in a wide range of both domestic and international digital payment solutions.


The acquisition is another step in Dash Solution’s ambitious growth strategy, fueled by their $96 million investment from Edison Partners in 2021, according to a Fintech Global report. Dash Solutions has consistently been bolstering its tech offerings to provide more solutions for its commercial clientele.


“We’re continuing to make major investments in our core solutions and technology to ensure we’re providing our customers and partners with innovative payment solutions that meet their pressing payments needs and that means continuously delivering cutting-edge features and configurability,” said Stephen Faust, CEO of Dash Solutions.


In other news, Central Payments, architect of the award-winning Open*CP® Fintech API Marketplace and payments solution provider, announced the launch of an innovative payout platform, PayCP. PayCP’s low-cost and quick payouts are two differentiators in helping companies get money to their customers without hassle, according to the announcement.


“PayCP is a white-label, turnkey solution allowing companies to easily give customers a choice of how to receive a payment.” said Nikkee Rhody, Executive Vice President and Chief of Strategy at Central Payments. “In less than 30 days, we create a branded instance to an extensive portal where partners can initiate and track payouts, review historical and analytical insights and their customers get a fully-branded, simple experience to accept the funds in a manner of their choice.”

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