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Aleph Zero Launches NEON Program, Enlists Major Global Partners Including Pairpoint, Backed by Vodafone and Sumitomo

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    Zug, Switzerland, September 10th, 2024, Chainwire

    The Next-Gen Enterprise and Opportunity Navigator (NEON) program will support global enterprises on their journey into web3, fostering innovation and widespread adoption of blockchain technology.

    The Aleph Zero Foundation, a pioneer in privacy-enhancing blockchain infrastructure, announces the launch of its NEON Program, a comprehensive initiative designed to support enterprises from various sectors in harnessing the power of blockchain technology. The program will deliver dedicated resources, expert guidance, and ease of access to innovative technology to facilitate deeper integration of privacy-enhancing blockchain technology across various business use-cases.

    The NEON Program goes beyond traditional enterprise support by offering a comprehensive suite of resources tailored to each member’s unique needs and ambitions in the web3 space. At its core, the program provides a team of dedicated business and technical experts who work closely with members to navigate the complexities of web3 integration. 

    The program caters to a wide range of companies, from those taking their first steps into web3 to seasoned players. This hands-on approach is complemented by a wealth of educational resources, in-depth workshops, and tailored support designed to keep members at the forefront of market and tech developments. By fostering connections with industry experts and exploring potential new revenue streams through ecosystem participation, the NEON Program empowers enterprises to not just adapt to the evolving digital landscape, but to actively shape it.

    “Blockchain technology is rapidly expanding into diverse industries, powering an ever-growing array of use cases,” said Antoni Zolciak, Co-founder of Aleph Zero. “As this landscape evolves, businesses need expert guidance to navigate and harness this technology effectively. We’re incredibly proud to launch the NEON Program, offering tailored support that empowers enterprises at all stages of blockchain adoption. Our goal is to foster innovation, drive adoption, and help businesses unlock the full potential of web3 in their operations.”

    Strategic Partnerships Across Industries

    Aleph Zero has already secured partnerships with global leaders in the telecommunications sector, including Deutsche Telekom and stc Bahrain, demonstrating the blockchain’s capability to meet the rigorous demands of large-scale operations. The program is expanding to include companies and organizations from various industries:

    • Pairpoint (A Vodafone and Sumitomo Company): Born from two leading multinationals, Vodafone and Sumitomo, Pairpoint enables devices to act as autonomous ‘economic agents’, allowing them to transact directly between them to create better user experiences. For example, electric cars can pay for their energy, delivery trucks can sell spare capacity, or smart meters can sell their solar production to their neighbors.
    • CAMARA Foundation (Linux Foundation): Launched in 2021 under the Linux Foundation and GSMA, the CAMARA Project aims to standardize APIs for telecommunications networks. Aleph Zero joined as the first blockchain General Member to develop and contribute to blockchain-specific initiatives. A key focus of this collaboration is the Blockchain Public Address API, which could revolutionize how users interact with blockchain technologies on mobile devices.

    “At Pairpoint, we’re exploring privacy-focused technologies in the evolving ‘Economy of Things,’ where devices are becoming smarter and more autonomous,” said Siva Balasuriyar, CFO and Web3 Lead at Pairpoint. “Joining the NEON program provides Pairpoint with the resources and partnerships we need to strengthen our own knowledge, whilst collaborating with Aleph Zero and others in navigating this groundbreaking landscape. Supported by this partnership, Pairpoint will deploy and operate validator nodes to enhance the resilience and security of the blockchain infrastructure.”

    Introducing the Next-Gen Enterprise & Opportunity Navigator Program

    The launch of the Next-Gen Enterprise & Opportunity Navigator (NEON) Program marks a new phase in Aleph Zero’s engagement with enterprises. NEON is designed to help members effectively navigate the ecosystem, providing crucial support and fostering collaboration. With Aleph Zero’s unique technology stack that features advanced zero-knowledge privacy capabilities, the program is particularly appealing for applications requiring stringent data privacy.

    Membership Benefits of the NEON Program:

    • Dedicated Account Manager: Each member is assigned a Single Point of Contact (SPOC) for personalized business and technical support.
    • Regular Insights: Members gain access to the latest ecosystem insights through regular updates from the NEON Program.
    • Exclusive Networking Opportunities: Members can participate in exclusive networking opportunities at key web3 conferences, events, hackathons, and ecosystem dinners.
    • Exploratory Workshops: Members have the opportunity to engage in workshops designed to explore opportunities within Web3 and the Aleph Zero platform.
    • Custom AZERO Addresses: Each member receives a unique “yourcompany.azero” enterprise blockchain address.
    • Access to Focus Groups: Members can join specialized focus groups on “Data & Tooling,” “Loyalty, Art & Collectibles,” and “Web3 Education,” each tailored to provide in-depth exploration of specific areas of interest.

    For more information on how to join the Aleph Zero NEON Program and benefit from its offerings, please visit the official website.

    About Aleph Zero

    Aleph Zero is a privacy-first ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via zero-knowledge, and offers a comprehensive toolset for development across web3 that ranges from WASM-based Rust to EVM-based Solidity environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero ecosystem development programs.

    For more information, readers can visit https://alephzero.org/ 

    About Pairpoint

    Pairpoint is creating the world’s largest Economy of Things (EoT) Ecosystem by providing a secure digital platform that allows vehicles, devices, and machines to autonomously and seamlessly interact and trade with each other.

    Headquartered in the UK with offices in London and Lisbon, Pairpoint is backed by a €60M investment from Vodafone Group and Sumitomo Group. For more information on Pairpoint, readers can visit https://www.pairpoint.io. 

    For any enquiries about this release, readers can please contact josh@serotonin.co 

    Contact

    PR Manager
    Josh Adams
    Aleph Zero
    josh@serotonin.co

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    Fundbox Secures Warehouse Capacity from Cross River and Waterfall Asset Management

    2024-09-17T15:32:44Z

    SAN FRANCISCO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Fundbox, a leading embedded capital platform for SMBs, announces a new credit facility with Cross River, a technology infrastructure provider that offers embedded financial solutions, and Waterfall Asset Management, a global alternative investment advisor. The agreement brings Fundbox’s total annual origination capacity to over $2B, including existing capacity.

    The financing facilities will support Fundbox’s mission to empower the SMB economy by meeting the working capital needs of small businesses, primarily through embedded experiences in the tools they use every day. Fundbox’s cross-platform data sharing and cutting-edge underwriting technology enable SMB platforms to offer capital to their customers right within their products. The backing of Cross River and Waterfall will further enable Fundbox to develop innovative products to help platform partners deliver the funding their small business customers need.

    “Small businesses need capital more than ever before. The number of US small businesses grew 3x the rate of the US consumer population in the last decade, while bank funding for SMBs has fallen 15% year-over-year,” said Renuka Nayani, Fundbox CFO. “Credit capacity from Cross River and Waterfall help ensure we are well-capitalized to meet this need. We are thrilled to work with these established institutions to help close the trillion-dollar gap in small business funding.”

    “Fundbox has steadfastly supported America’s small businesses while delivering through-the-cycle performance to its investors. We are proud to back the company’s next stage of growth with this credit facility,” said Drew Friedberg, Director of Principal Finance at Cross River. “This alliance furthers our mission to empower fintech companies and small businesses with access to credit.”

    "Fundbox has demonstrated exceptional commitment to enhancing the financial landscape for small businesses. We are excited to support their continued growth and innovation,” said Nate Huebscher, Director at Waterfall. “This agreement aligns with our dedication to supporting dynamic lending solutions and fostering opportunities for small businesses to thrive.”

    About Fundbox

    Fundbox is the pioneer of embedded working capital solutions for SMBs, leading the charge in best-in-class embedded finance offerings since 2015. Fundbox empowers the small business economy by offering fast, simple access to working capital through the digital tools businesses already use. Fundbox has partnered with leading SMB platforms to help over 125,000 customers unlock growth with fast, simple access to over $5B of capital.

    For press inquiries, please contact pr@fundbox.com.

    About Cross River Bank

    Cross River provides technology infrastructure powering the future of financial services. Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards, and lending solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Leading the industry, Cross River is reshaping global finance and financial inclusion. Member FDIC. Find out more at www.crossriver.com.


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