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CHERRY

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Mass payout solutions provider streamlining B2B payment processing and workflows.

Overview

CHERRY is a provider of mass payout solutions that focuses on B2B payment processing, enabling bulk payment disbursements to various recipients on a global scale. The platform is designed to integrate with existing accounting software and bank payment systems, aiming to automate payments and reduce the need for duplicate data entry. The target audience includes financial institutions, accounting agencies, and businesses. CHERRY seeks to enhance payment workflows by streamlining transaction approval processes and incorporating security features such as multi-factor authentication and safeguards against Business Email Compromise. Additionally, the platform offers automated positive pay functionality and supports digital checks, which are intended to mitigate the inefficiencies and errors commonly associated with manual payment processing.

Key facts

Founded
2018
Sector
Payments

Business model

Contact

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About CHERRY

What does CHERRY do?

CHERRY is a provider of mass payout solutions that focuses on B2B payment processing, enabling bulk payment disbursements to various recipients on a global scale.

Where is CHERRY headquartered?

CHERRY is headquartered in New York City, United States.

When was CHERRY founded?

CHERRY was founded in 2018.

Which sector is CHERRY in?

CHERRY operates in Payments, part of Financial Technology.

Who are CHERRY's competitors?

Companies similar to CHERRY include Mercoa, SparcPay, and Alternative Payments.