NEW HAVEN, CT —Chris Aguas, founder of New Haven-based digital B2B payments network CoreChain Systems, was named Entrepreneur of the Year by the Better New Haven Chamber of Commerce.
The inaugural award was presented by David Salinas, CEO of The District, as part of the yearly Significant Join EXPO not long ago held at the Omni New Haven Hotel. Ceremony attendees integrated Connecticut Lieutenant Governor, Susan Bysiewicz, and actor Michael Jai White.
“When we imagine of New Haven, we assume of innovation, creativity, and the advancement of reducing-edge technologies. More than the previous 12 months, we have witnessed these characteristics and great progress in CoreChain Systems,” President & CEO of the Bigger New Haven Chamber of Commerce Garrett Sheehan stated. “Chris has demonstrated considerable development and long-time period possible for his organization, and devotion to growing the New Haven tech local community. We’re honored to figure out Chris’ perseverance with the Entrepreneur of the Calendar year Award. We search forward to CoreChain Technologies continued accomplishment in the future.”
Applying company blockchain technology to power B2B payments and funding, CoreChain is streamlining the guide procedures and distressing reconciliation that has remained static for a long time, when mitigating fraud. CoreChain also unlocks lending alternatives to finance the doing the job capital getting held in unpaid invoices that age to settlement owing dates, usually 30 to 120 days in arrears.
Given that its start in September 2020, CoreChain has processed about $500 million in B2B payments for enterprise potential buyers, together with channel shopper transactions. Obtainable as a white label system, CoreChain permits any ERP or Organization Approach Automation software package firm, or even financial institutions and other payment networks, to present a digital B2B payments answer to its business consumers.
“It’s a tremendous honor to be recognized by the Chamber and the customers of New Haven’s company neighborhood,” Aguas stated. “We’re very pleased to be a New Haven-primarily based company that’s helping shine a spotlight on the regional tech group. We have worked incredibly difficult to carve out an vital job for ourselves in the B2B payments ecosystem. It truly is wonderful to see…