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Canadian Fintech Simplifying SME Payments Closes Seed Round with $2M in Funding

Retrieved on: 
Thursday, November 23, 2023
Small and medium-sized enterprises, Accounting, Acquisition, Risk management, Peloton Technology, Optical disc image, Institute for Private Investors, SME, Small, Growth, Architecture, Peloton

VICTORIA, BC, Nov. 23, 2023 /CNW/ - Peloton Technologies is announcing the close of their late seed round after securing $2M in investment.

Key Points: 
  • VICTORIA, BC, Nov. 23, 2023 /CNW/ - Peloton Technologies is announcing the close of their late seed round after securing $2M in investment.
  • This funding is earmarked for activities that contribute to the company's rapid growth trajectory.
  • Founded in 2011, Peloton's mission is to change the Canadian payments industry for the better by simplifying the traditionally convoluted workflows faced by SMEs (Small and Medium Sized Enterprises).
  • We have a world-class group of investors with deep background in payments, banking, risk management, compliance, accounting, IT architecture, and securities law.

Final Days to Register for the Latest United States Electric Power Industry Seminar: Renewable Energy, ISO Markets, and Power Transactions (New York City, United States - November 14-15, 2023)

Retrieved on: 
Friday, November 3, 2023
Renewable energy, Strategic planning, Monolithic kernel, FTR Moto, TAC, Wind, Comprehension, Electricity, OASIS, Carnegie Mellon University, DER, Appendix, Risk management, Risk, Marketing, Magic, Term sheet, Optical disc image, NERC, FERC, ICE, Professional, BESS, LMP, Mechanics, ISO, Natural gas, Cryptocurrency, Public utility, Electric power, Auction

DUBLIN, Nov. 3, 2023 /PRNewswire/ -- The "In-Depth Seminar: Today's U.S. Electric Power Industry, Renewable Energy, ISO Markets, and Power Transactions" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 3, 2023 /PRNewswire/ -- The "In-Depth Seminar: Today's U.S. Electric Power Industry, Renewable Energy, ISO Markets, and Power Transactions" training has been added to ResearchAndMarkets.com's offering.
  • If you're seeking a comprehensive understanding of the U.S. electric power industry, including the intricacies of power transactions, this extensive seminar is tailored for you.
  • This program offers a thorough and lucid overview of the U.S. electric power industry's structure, operations, and its current status.
  • Federal vs state regulatory conflicts, and why restructuring today's power industry and the building new power lines is such a complicated task.

EnergyHub grows client VPPs across North America, breaking resource size and deployment records during the hottest summer ever recorded

Retrieved on: 
Thursday, November 2, 2023
Diamond, Thermostat, Weather, Points of the compass, SVP, Emergency, Market development, Electricity, National Grid, Customer, Public utility, DER, C&I, VPP, Bundesverband der Energie- und Wasserwirtschaft, Alarm.com, Optical disc image, ALRM, ISO, Electric battery, Renewable energy, Electric power

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- Record high temperatures this summer, with weeks of heat topping 100 degrees Fahrenheit, drove unprecedented electricity demand across North America. Despite extreme conditions, widespread use of virtual power plants (VPPs) helped keep the grid reliable and customers safe and comfortable.

Key Points: 
  • Despite extreme conditions, widespread use of virtual power plants (VPPs) helped keep the grid reliable and customers safe and comfortable.
  • EnergyHub clients called 1,831 events in 2023, shifting 68 GWh of energy usage out of peak times.
  • That's a 38% increase in resource utilization, accompanied by a 225% increase in load shift in thermostat programs.
  • "VPP-based flexibility is essential to maintaining grid stability," said Erika Diamond, SVP, Head of Customer Solutions at EnergyHub.

Pathward and TabaPay Deepen Partnership to Enable Faster Money Movement Solutions for Customers

Retrieved on: 
Thursday, October 26, 2023
Professional Services, Payments, Technology, Finance, Fintech, Banking, Banking as a service, Ecosystem, Optical disc image, Partnership, API, Multimedia, Cryptocurrency, Bank

Pathward ®, N.A., a U.S.-based financial empowerment company driven by its purpose to power financial inclusion, today announced the expansion of its partnership with TabaPay , a leading money movement platform for merchants and leading fintech brands.

Key Points: 
  • Pathward ®, N.A., a U.S.-based financial empowerment company driven by its purpose to power financial inclusion, today announced the expansion of its partnership with TabaPay , a leading money movement platform for merchants and leading fintech brands.
  • The firms first announced partnering in 2020 and the deeper alliance provides added money movement capabilities to Pathward’s partners as they seek to integrate faster payment solutions to meet evolving consumer expectations.
  • “Partnering with Pathward, a leading bank to fintech firms, payfacs, ISOs, and other merchants, aids in our mission to make money movement instant,” noted Manoj Verma, Co-founder and CRO at TabaPay.
  • “Together, we can empower their partners across all industries with faster payment options and best-in-class rails that meet the ever-evolving needs of today’s consumers.”

AppTech Payments Corp. to Attend WSAA Conference

Retrieved on: 
Wednesday, October 18, 2023
Omni, Education, WSAA, Fintech, Conference, Chocolate liquor, Independent software vendor, Omni La Costa Resort and Spa, Partnership, Optical disc image, IP Payments, IP, Tourism

Virgil Llapitan, President of AppTech, will be joined by Kaylei Wright, Chief of Staff, Mehrak Hamzeh, IP & Payments Director, and Emily Finch, Brand Manager.

Key Points: 
  • Virgil Llapitan, President of AppTech, will be joined by Kaylei Wright, Chief of Staff, Mehrak Hamzeh, IP & Payments Director, and Emily Finch, Brand Manager.
  • During the event, the AppTech team will conduct strategic meetings with other WSAA attendees and network with Independent Sales Organizations and Independent Software Vendors to generate partnership opportunities.
  • WSAA serves individuals and businesses primarily engaged in selling merchant acquiring-related services directly to the retail and ecommerce industries.
  • WSAA’s annual conference is the acquiring industry’s premier event focused on providing networking and education to merchant acquirers, ISOs, MLSs and other payment organizations.

Peloton Technologies accelerates growth through acquisition of KIS Payments

Retrieved on: 
Wednesday, October 18, 2023
Small and medium-sized enterprises, Small, Peloton Technology, SME, Acquisition, KIS, ISO, Optical disc image, Partnership, Sales

VICTORIA, BC, Oct. 18, 2023 /CNW/ - The acquisition of KIS Payments expands Peloton's client base and sales teams, allowing Peloton to rapidly scale delivery of their innovative service offerings.

Key Points: 
  • VICTORIA, BC, Oct. 18, 2023 /CNW/ - The acquisition of KIS Payments expands Peloton's client base and sales teams, allowing Peloton to rapidly scale delivery of their innovative service offerings.
  • As an independent sales organization (ISO), KIS was intrigued by the prospect of offering the full power of the Peloton solution to their clients.
  • The success of the partnership opened the door for discussions of acquisition, creating opportunity for even faster growth.
  • "It makes sense for us to grow through the acquisition of KIS Payments and I look forward to leading a new team as we begin servicing an even larger client base."

Lending Industry Expert Joe Valeo Appointed President of SmallBusinessLoans.com

Retrieved on: 
Tuesday, October 17, 2023
Professional Services, Small Business, Other Professional Services, Finance, Consulting, Banking, LendingPoint, Organization, POS, Citigroup, First Data, Agriculture, SBL, Optical disc image, Luigi, Research, Small business, Valeo, VISA, Bank, Real estate, Online shopping

SmallBusinessLoans.com (SBL) is pleased to announce the appointment of Joe Valeo as its new President.

Key Points: 
  • SmallBusinessLoans.com (SBL) is pleased to announce the appointment of Joe Valeo as its new President.
  • In his previous positions, Valeo gained strategic development and consumer/business lending experience, serving financial services organizations such as LendingPoint, where he held the position of EVP/GM for POS merchant lending and direct-to-consumer loans.
  • His growth strategies include connecting with his deep finance industry network and implementing financial and business solutions to meet SMBs' needs.
  • Valeo expressed his enthusiasm for his new role, "I strongly believe we're doing something special, different, and market leading.

Stax Payments Acquires APPS, Expands Technology Stack to Offer Bespoke End-to-End Payment Processing Experience

Retrieved on: 
Tuesday, October 17, 2023
Banking, Software, Mobile, Wireless, Accounting, Professional Services, Internet, Fintech, Data Management, Payments, Electronic Commerce, Apps, Applications, Technology, Finance, Friction, ISO, Acquisition, APPS, Growth, Payment, Micro ISV, Optical disc image, Luigi, ISV, Online shopping, Mobile phone, Stax

Stax Payments , a leading payment technology provider, today announced its acquisition of Atlantic-Pacific Processing Systems (APPS), creating an end-to-end, seamless payment processing platform.

Key Points: 
  • Stax Payments , a leading payment technology provider, today announced its acquisition of Atlantic-Pacific Processing Systems (APPS), creating an end-to-end, seamless payment processing platform.
  • The integration of APPS marks a significant expansion of Stax’s technology stack, giving partners and merchants flexible, customizable options for their payment processing needs on one cohesive platform.
  • “Our partners and customers want a simple, secure, multi-channel payment experience, not only for themselves but for their end consumers,” said Paulette Rowe, CEO of Stax.
  • “Through the acquisition of APPS, we have heightened our innovation capabilities and technology position, allowing us to create a bespoke payment experience for any merchant, ISV, ISO, or payment facilitator.

LevelTen Energy's 2023 Q3 PPA Price Index: Though More Stable Than 12 Months Ago, Rising Costs to Build Wind and Solar Projects Keeping PPA Prices Elevated

Retrieved on: 
Tuesday, October 17, 2023
Pressure, Partnership, Collaboration, Inflation Reduction Act of 2022, P25, ERCOT, PPA, Risk, SPP, Treasury, Congestion, Electricity, ISO-NE, Continental, IRS, AESO, ISO, MISO, Environment, Inflation, PJM, Professional, Optical disc image, CFO, CAISO, Renewable energy, Cryptocurrency, Online shopping, Electric power, Q3, Q2, Wind

SEATTLE, Oct. 17, 2023 /PRNewswire-PRWeb/ -- North American P25* power purchase agreement (PPA) offer prices continued the trend of stabilization in the third quarter of 2023, according to a new report from LevelTen Energy, operator of the world's largest PPA marketplace. P25 solar PPA prices nationally rose 4% over Q2 and 21% year over year. LevelTen's P25 wind index decreased 1% since Q1 but remained 16% higher year over year. Blended P25 prices rose 2% in Q3 and 18% year over year.

Key Points: 
  • After a slight Q2 dip, North American P25 solar PPA prices rose by 4% in Q3 2023.
  • Wind P25 PPA prices in North America remained relatively stable, with a 1% decrease in Q3, driven by a decline in SPP prices.
  • This quarter's slight decrease marks a contrast to Q2 prices, which rose 13% amid low supply across ISOs.
  • All PPA price data in LevelTen's report are based on the prices that developers are offering for PPA contracts, not transacted PPA prices.

United States Electric Power Industry Seminar: Renewable Energy, ISO Markets, and Power Transactions (New York City, United States - November 14-15, 2023) - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 12, 2023
Utilities, Energy, Comprehension, DER, BESS, Wind, ICE, Renewable energy, Risk management, LMP, Carnegie Mellon University, Risk, OASIS, Strategic planning, Electricity, TAC, Natural gas, ISO, Marketing, Appendix, Magic, Professional, NERC, FTR Moto, Term sheet, Optical disc image, Monolithic kernel, FERC, Mechanics, Public utility, Cryptocurrency, Electric power, Auction

The "In-Depth Seminar: Today's U.S. Electric Power Industry, Renewable Energy, ISO Markets, and Power Transactions" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "In-Depth Seminar: Today's U.S. Electric Power Industry, Renewable Energy, ISO Markets, and Power Transactions" training has been added to ResearchAndMarkets.com's offering.
  • If you're seeking a comprehensive understanding of the U.S. electric power industry, including the intricacies of power transactions, this extensive seminar is tailored for you.
  • This program offers a thorough and lucid overview of the U.S. electric power industry's structure, operations, and its current status.
  • Federal vs state regulatory conflicts, and why restructuring today's power industry and the building new power lines is such a complicated task.