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Kyriba and Merge Join Forces to Transform Global Payments

In a groundbreaking development for corporate finance, Kyriba, the global leader in liquidity performance and treasury management, has partnered with Merge, a regulated stablecoin payment platform. This collaboration aims to streamline treasury management and enhance cross-border payment efficiency for enterprises around the world, particularly benefiting businesses dealing with complex global supply chains.

The Problem: Inefficiencies in Cross-Border Transactions

Currently, many multinational companies face significant challenges due to the inefficiencies associated with cross-border transactions. The conventional banking systems can delay payments for days, leading to trapped capital and unreliable cash flows. This slow process not only affects cash forecasting but can also erode margins as companies struggle to manage liquidity amidst economic fluctuations.

A Solution in Regulated Stablecoins

With the partnership between Kyriba and Merge, clients now have access to regulated stablecoin infrastructure that ensures faster, cheaper, and fully transparent cross-border settlements. This innovative payment method allows transactions that once took several days to complete to now occur within minutes, significantly reducing all-in costs for businesses.

Bob Stark, the Global Head of Market Strategy at Kyriba, emphasized how this partnership addresses the concerns around the trustworthiness of stablecoin infrastructure. He stated, "The question treasury teams are asking isn't whether stablecoins work — it's whether they can trust the infrastructure behind them." Merge provides that trust through its dual regulatory authorization and safeguarding by the Bank of England, offering enterprises a secure and reliable payment platform.

Enhancing Corporate Treasury Operations

The collaboration reflects a paradigm shift in treasury management, where CFOs and treasurers no longer have to choose solely between traditional banking systems or newer, untested technologies. Instead, they can leverage both infrastructures to accomplish their financial strategies. This partnership enables Kyriba's clients to integrate stablecoin payments into their treasury functions seamlessly, providing a much-needed solution to modern financial operations in a rapidly evolving landscape.

Kebbie Sebastian, CEO of Merge, highlighted the importance of this partnership: "Kyriba sets the standard for enterprise treasury. For our clients running complex, multi-currency operations across global markets, this partnership provides direct access to the most trusted treasury platform in enterprise finance."

About Kyriba

Kyriba has established itself as a leader in liquidity performance, providing tools that allow CFOs, Treasurers, and IT leaders to effectively connect, safeguard, forecast, and optimize their liquidity in an increasingly complex economic environment. The company's SaaS solution is fortified by its trusted agentic AI (TAI), offering reliable intelligence and financial automation. Kyriba's platform is used by more than 4,000 enterprises in 170 countries, facilitating over 3.6 billion bank transactions and $51 trillion in payments each year.

About Merge

Merge operates as a forward-thinking stablecoin payment platform tailored for enterprises and financial institutions. It aims to eliminate the friction and delays associated with legacy banking systems, settling payments in mere minutes with built-in auditability. Founded in London and supported by investments from notable venture firms, including Octopus Ventures and Coinbase, Merge is shaping the future of financial transactions across global jurisdictions.

In conclusion, the partnership between Kyriba and Merge is set to redefine treasury management by leveraging the efficiencies of stablecoin payments, ultimately driving better liquidity management and financial performance for enterprises worldwide.