ATLANTA, GA (April 28, 2020) – KyckGlobal announced a partnership with Ole Group to provide a payment gateway for a software platform operated by Ole that facilitates online access to educational classes. Ole’s platform is currently used by a multitude of institutions around the United States, with demand growing significantly over the past few years.
KyckGlobal operates a cloud-based platform that powers funds disbursement across a broad array of payment types, as well as compliance and support processes for contractor payments. The KyckGlobal solution is in use across a variety of use cases including specialty consumer finance, rent payments aggregation, insurance claims, and others.
Ole Group is an independent privately held company based in Los Angeles with global assets in real estate, entertainment and film production, natural resources, cloud-based software, and more. A subsidiary of Ole Group, Ole Solutions focuses on the education sector, providing the access solution to online education institutions for professional degrees and certifications as well as hobby topics such as cooking, automotive repair, and pottery.
Purchasers of Ole Solutions’ online classes use KyckGlobal to pay for classes in cash by visiting any one of KyckGlobal’s 45,000 cash endpoint locations. KyckGlobal then aggregates and disburses the funds to Ole Solutions. Ole Solutions then uses the KyckGlobal platform to make secure payments to its clients.
“Ole Solutions was started to solve for major growth in online education,” said Ole Group CEO Chau Nguyen. “KyckGlobal delivered a scalable payments solution, and its numerous payment types is fueling conversations about expanding our educational access platform to international markets.”
“We’re excited to see agile firms like Ole Group innovating with the KyckGlobal platform,” said Ashish Bahl, founder and CEO of KyckGlobal. “Firms come to us with a specific need, and quickly realize that our payment platform can advance any number of their business strategies.”
About KyckGlobal, Inc.
KyckGlobal delivers streamlined outbound B:C payments to accelerate business, featuring a cloud-based platform with a growing array of today’s most popular payment types from a single point of reconciliation. The KyckGlobal solution improves the customer experience with more inclusive payment types and various options for faster payments. For corporates, the solution reduces overhead with automates workflows and reporting, while engaging workers as to how and when they get paid. By allowing payers to issue one-time and recurring payments from one integrated platform, KyckGlobal is transforming how business gets done in the key verticals of specialty consumer finance, marketplaces and staffing, claims and appeasements, and multi-level marketing, among others. Visit www.kyckglobal.com and @KyckGlobal for more info.
About Ole Group, Inc.
Founded in 2000, Ole Group’s core business is providing and managing innovative payment software programs which incorporate multiple monetary global currencies using a specialized technology platform. With satellite offices in Las Vegas, New York City, London, Bangkok and Manila, Ole Group subsidiaries serve clients in the insurance, sports, e-commerce, education, charitable, and small business sectors. Please visit olegroupinc.com.