KyckGlobal, Inc.
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KyckGlobal, Inc. - overview
Established
2018
Location
Atlanta, GA, US
Primary Industry
Software
About
Based in Florida, KyckGlobal, Inc. offers innovative digital payment solutions, enhancing payroll modernization and electronic wage delivery for businesses globally. KyckGlobal, Inc. was founded in 2018 in Atlanta, US, specializing in digital payment solutions.
The company has completed 4 deals to date, with the most recent deal occurring on August 29, 2023. KyckGlobal was acquired by Dash Solutions, Inc. , allowing the latter to bolster its market strategy. The company is led by CEO Ashish Bahl and Donald Boeding.
KyckGlobal, Inc. provides advanced digital payment solutions focused on payroll modernization and electronic wage delivery. Their key products include the dashDisburse and Spend IT Send IT platforms, which facilitate real-time digital fund disbursement. Additionally, the company offers customizable prepaid reward cards and channel incentive programs aimed at enhancing employee engagement.
Their services cater to various sectors, including healthcare, government, and manufacturing, extending across North America, Europe, and select international markets. KyckGlobal, Inc. generates revenue through direct transaction fees and strategic partnerships with financial institutions. Their business model includes B2B subscriptions, enabling clients to utilize advanced payment technologies for payroll management.
Key revenue products include the Prepaid Technologies Visa® Prepaid Card and Prepaid Technologies Mastercard® Prepaid Card, which provide clients with seamless payment integration and financial flexibility. In August 2023, Dash Solutions, Inc. acquired KyckGlobal, Inc. , a move aimed at strengthening its service offerings and market strategy.
The acquisition allows for enhanced product development and expansion into new markets. Future plans include launching additional digital payment products and increasing geographic reach, targeting regions in North America and Europe by mid-2024. The recent funding of USD 4. 04 mn from this acquisition will support these growth initiatives.
Current Investors
Dash Solutions, Inc., TechOperators, Service Provider Capital
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software, HR & Workforce Software
Website
www.kyckglobal.com
Verticals
FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
KyckGlobal, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | KyckGlobal, Inc. | - |
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