Digital payments firm KyckGlobal has joined forces with payments and currency risk management solutions provider moneycorp to introduce a cross-border payments solution for US-based firms.

The partnership aims to facilitate international ACH payments and wires, in more than 145 currencies to over 200 countries.

KyckGlobal’s technology layer features a range of domestic and international endpoints, from which payment recipients can choose.

In addition, the integrated payer dashboard in the KyckGlobal portal supports payee onboarding and overall management across the transaction lifecycle.

Under the tie-up, moneycorp will enable KyckGlobal to enhance its cross-border payment solutions for US-based and internal-based firms looking for connectivity to the global marketplace.

KyckGlobal founder and CEO Ashish Bahl said: “We’ve been deeply impressed with moneycorp’s responsiveness and FX rates as we worked out this partnership, and I’m confident we will open exciting new channels in the global marketplace.

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“Businesses of all sizes are ready to leap across all borders, and our partnership will make it possible.”

The partnership with KyckGlobal will enable moneycorp to bolster its solutions by offering new emergent and traditional payout options including Venmo and prepaid cards.

moneycorp Americas CEO Bob Dowd said: “moneycorp continues its evolution as a one-stop-shop for all payment types. As we earn the right to be our customers’ first in choice for payments and foreign exchange risk management it requires us to be innovative with a unique set of delivery channels and platforms through strategic partnerships.

“KyckGlobal is an ideal partner in this regard, and together we’re delivering a differentiated offering to the market that unlocks the complexities and enhances the international payments experience for customers and beneficiaries around the world.”

Last September, KyckGlobal collaborated with FLEETCOR company Cambridge Global Payments to improve cross-border payments for US-based firms.

Last year, the firm also expanded its partnership with MoneyGram International, enlarging its global payout network to more than 120 countries.