KLYM is a financial services platform that provides a multi-bank, multi-currency working capital solution for companies, utilizing data-driven technology to optimize receivables and enhance cash flow management. The platform addresses the need for real-time financial services by offering tailored financing options, including supply chain finance and vendor financing, to improve operational efficiency for businesses of all sizes.
Funding
$47M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many companies, especially those operating globally, face challenges in managing working capital across multiple banks and currencies. Traditional financing options may not provide the real-time visibility and flexibility needed to optimize receivables and enhance cash flow. This can lead to inefficiencies in supply chain finance and vendor payments, hindering operational agility.
Solution
KLYM offers a multi-bank, multi-currency working capital platform that leverages data-driven technology to optimize receivables and improve cash flow management. The platform provides companies with tailored financing options, including supply chain finance, vendor financing, purchase order finance, and data-driven receivables solutions. By integrating with multiple banks and supporting over 25 currencies, KLYM enables businesses to access working capital solutions locally and globally. The platform's data capabilities allow for higher advance rates and on-the-fly working capital solutions, improving operational efficiency for both corporates and their ecosystems.
Target Audience
KLYM primarily targets companies of all sizes, particularly those with complex, multi-national supply chains and vendor networks, seeking to optimize their working capital and improve cash flow management.
Features
- Multi-bank connectivity for accessing diverse financing options
- Support for over 25 currencies to facilitate global transactions
- Data-driven receivables solutions for higher advance rates
- Supply chain finance to optimize payment terms and improve supplier relationships
- Vendor financing to enable vendors to purchase more products and pay sooner
- Purchase order finance to guarantee the delivery of goods on time and with required quality
- Real-time visibility into working capital positions across multiple accounts