Dash Solutions, a Birmingham, AL-based payments and engagement technology provider, acquired Kyckglobal, an Atlanta, GA-based fintech company.
The amount of the deal was not disclosed.
The acquisition reinforces the company’s strategy to provide the market with more solutions to digitize payments and strengthen its four core offerings of pay, rewards and incentives, expense management and corporate disbursements.
Founded by Ashish Bahl in 2018, KyckGlobal is offering a suite of domestic and international digital payment solutions. Bahl was also the founder of Harbor Payments (American Express – 2007) and Acculynk (FirstData – 2017).
Led by Stephen Faust, CEO, Dash Solutions is a fintech platform that provides digital payments and engagement program management to customers. It offers strategies and a proprietary technology stack, including payroll, expense, gift, reward, and incentive card products to employers, financial institutions, and government agencies. Through partnerships with Visa, MasterCard and Discover to utilize prepaid debit and push solutions as well as other digital payment strategies, the company has achieved 10x growth over the last five years and delivers billions in payments annually.
Since the $96m investment from Edison Partners in 2021, Dash Solutions has been strategically investing in its tech platform to provide more solutions for their commercial customers.
FinSMEs
29/08/2023