Payments

KyckGlobal intros payment tools for consumer lenders

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November 7, 2022

KyckGlobal, a B2C payments company, has launched LenderStack, a suite of solutions for consumer lending. It offers a variety of disbursement methods for repayment including cash, according to a press release.

Features include:

• CloudCash, a decentralized issuance and collection of cash.
• Customers can repay loans at more than 25,000 retail locations and ATMs.
• Lenders can send disbursements from PayPal, Venmo, debit, reloadable prepaid cards and more.
• Companies can embed LenderStack functionality via API.

"The high overhead costs of lenders and consumer expectations around payment convenience are on a collision course," Donald Boedingm CEO, KyckGlobal, said in the release. "With LenderStack, KyckGlobal neatly delivers all the tools a lender needs to attract and delight customers in a single bundle, while reducing overhead and risk. It's a stellar example of how KyckGlobal accelerates growth for business."