KyckGlobal is a cloud-based payment platform that reduces cost and complication for companies paying individuals outside the standard parameters of payroll and supplier channels. Through KyckGlobal, it is easier for companies 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 gig economy talent and contractors with streamlined, accurate, on-demand disbursements through eight types of payments. The KyckGlobal payment platform also enables companies to simply 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 idiosyncratic disbursements customary in many verticals.
Out-of-the-ordinary 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.
With the gig economy growing exponentially, the time is ripe for new ways to pay a new type of workforce. In September 2018, KyckGlobal earned an $8 million first round of investment from seasoned fintech investors. Based in Atlanta, KyckGlobal works with leading financial institutions to build out reliable channels of payment that connect seamlessly with both employers’ financial operations and with workers.