KyckGlobal's cloud-based solution reduces cost and complication for companies paying individuals outside the standard parameters of payroll and supplier channels. KyckGlobal dramatically business services, making it easier to pay, and easier for recipients to accept payment in the format they prefer.
KyckGlobal’s software-as-a-service (SaaS) platform enables companies of all sizes to pay employees, contractors, and customers through a dozen payment types - all from a single point of reconciliation. The KyckGlobal platform empowers companies to make one-off payments to individuals, such as insurance claims, sales commissions, loan proceeds, game and lottery winnings, rent payments, customer reimbursements, passenger appeasements and other types of vertical-specific disbursements.
Non-traditional payments inflict confusion and complication on daily finance and human resource processes and procedures. The KyckGlobal platform smooths communication and compliance, minimizes costly do-overs, eases intradepartmental collaboration and minimizes exposure to compliance fees and fines.
As gig economies expand and payment choices proliferate, payment exceptions become the norm. KyckGlobal ensures that the point of payment strengthens companies’ relationships and reputations with external talent and with customers.
KyckGlobal was launched in 2018 in Atlanta GA, the brainchild of serial fintech entrepreneur Ashish Bahl. In September of the same year, KyckGlobal enjoyed an $8M first round of investment. The KyckGlobal team works tirelessly to build relationships with leading financial institutions to deliver a Next Gen outgoing payments solution that delights businesses, their customers, and their employees.
KyckGlobal is the fourth company founded by Ashish Bahl, following the successful sales of Exchange Place Solutions to iXL in 1998, Harbor Payments to American Express in 2007, and Acculynk to First Data in 2017. Ashish sits on the board of Atlanta’s Fernbank Museum of National History, and is very active in the Early Autism Project. Ashish Bahl has a BE from Vanderbilt and an MBA from Carnegie Mellon University.