Soluna and Gynger Partner to Make Sustainable AI Computing More Accessible with Flexible Financing

By: Soluna Holdings, Inc. via Business Wire

December 16, 2024 at 08:00 AM EST

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced a strategic partnership between its subsidiary Soluna Cloud and Gynger, the leading embedded payments platform for technology.

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Soluna and Gynger Partner to Make Sustainable AI Computing More Accessible with Flexible Financing (Graphic: Business Wire)

The Soluna Cloud and Gynger partnership aims to make renewable-powered high-performance computing solutions more accessible to customers. Through this partnership, Soluna’s clients will benefit from flexible payment options provided by Gynger, enabling them to adopt Soluna’s cutting-edge AI Cloud without the burden of upfront costs.

"Our partnership with Gynger reflects our commitment to not only providing high-performance and environmentally sustainable computing solutions but also to ensuring our clients have flexible financial options to support their growth," said John Belizaire, CEO of Soluna. "Together, we’re removing financial barriers, allowing customers to access the technology they need to stay competitive."

Gynger provides partners like Soluna the opportunity to extend turnkey flexible payment options to their customers without hindering access to mission-critical solutions. With Gynger, Soluna’s clients also gain access to non-dilutive capital and cash-flow management tools necessary to manage their technology expenses efficiently. This allows Soluna's customers to scale their operations with financial agility, paying for technology while ensuring operational continuity.

“Investing in sustainable digital infrastructure is one of the most significant ways we can prepare industries for the AI-driven economy of tomorrow,” commented Mark Ghermazian, Gynger’s Founder and CEO. “Gynger is excited to partner with Soluna Cloud to help make renewables-powered data management more accessible across all sectors of industry.”

Learn more about financing with Gynger here.

About Gynger

Gynger is the embedded financing platform for buyers & sellers of technology. Gynger for Buyers enables businesses to purchase the technology needed to scale now, while paying for it later. Gynger for Vendors equips the revenue teams of leading technology vendors with a seamlessly integrated sales acceleration tool that enables them to instantly offer flexible payment term options to their customers, while still getting paid upfront by Gynger. For more information, visit www.gynger.io

About Soluna Holdings, Inc (SLNH)

Soluna is on a mission to make renewable energy a global superpower using computing as a catalyst. The company designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources. Soluna’s pioneering data centers are strategically co-located with wind, solar, or hydroelectric power plants to support high-performance computing applications including Bitcoin Mining, Generative AI, and other compute-intensive applications. Soluna’s proprietary software MaestroOS(™) helps energize a greener grid while delivering cost-effective and sustainable computing solutions, and superior returns. To learn more visit solunacomputing.com. Follow us on X (formerly Twitter) at @SolunaHoldings.