Kea, a global payments and treasury platform, has launched Local Payouts, enabling businesses to send funds in more than 85 currencies worldwide.
The company, which focuses on simplifying cross-border financial operations, said the new feature is now available across eligible jurisdictions, according to FF News.
The company introduced Local Payouts to help global businesses improve payment quality at scale while reducing operational friction. With many firms managing suppliers, contractors, and remote workers across borders, Kea aims to streamline settlement and eliminate the need for multiple bank accounts.
Kea offers an all-in-one financial infrastructure that includes dedicated IBAN accounts, SEPA and SWIFT transfers, crypto on and off-ramps, and now local payout rails. The platform is designed to support businesses operating in high-growth or underbanked sectors that require flexible funding and settlement tools.
The new Local Payouts feature allows companies to pay suppliers, contractors, freelancers, and remote teams directly in their local currency from a single Kea account. Users can fund transfers using EUR, USD, or supported stablecoins following a single KYB process. Most transfers settle within 24 hours, and teams can manage permissions through role-based access and structured approval flows.
Additional functionality includes coverage across Europe, MENA, Africa, the Americas, and APAC. The service consolidates local payouts, SEPA, SWIFT, crypto processing, and on- and off-ramps into one platform, giving firms streamlined treasury management and improved reconciliation efficiency.
Cross-border businesses increasingly demand local settlement capabilities without the burden of maintaining separate international banking relationships. By unifying traditional banking and stablecoin processes, Kea aims to provide simpler, faster, and more reliable financial operations for global businesses.
Kea CEO Mark Berkovich said, “Businesses should not have to choose between speed, cost, and control. With local payouts in more than 85 currencies on a single platform, Kea helps companies pay partners and people where they are. We bring traditional banking, crypto rails, and local options together so finance teams can execute reliably and grow globally.”
The local payouts feature is available for both new and existing Kea clients.
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