Press release

Miami, Florida

Kira launches Agentic POBO, powering fintechs to pay overseas suppliers in their clients' names

AI agents handle compliance so fintechs can make same-day SWIFT payments, with MT103 proof of payment included.

Paying a supplier on behalf of a client is one of the hardest things for a fintech to do. Payments are rejected when the ultimate payor's name doesn't match the invoice, or when the supplier's bank asks for documents the sender can't provide. Most fintechs can only solve that by opening a virtual account for every client. Proof of payment, the MT103 that suppliers need before releasing goods, can take days. Many of these importers are small and operate through fintechs and global trade companies, so banks hesitate to process their payments at all.

Kira today launched Agentic POBO (Payments on Behalf Of) to address this. A client of a Kira customer can pay an overseas supplier in their own name, without opening a virtual account. An AI agent checks the ultimate payor's name against the invoice, assembles the documents the receiving bank expects, and flags anything missing.

The fintech pays on behalf of its clientThree parties in a row: the ultimate payor, the fintech and the beneficiary. A dashed line over the top shows that the ultimate payor wants to pay the beneficiary. A solid line from the ultimate payor to the fintech is labelled funds, USDT/C or USD. A solid line from the fintech to the beneficiary is labelled pays, on its behalf.wants to payUltimate payoryour clientfundsUSDT/C or USDThe fintechmakes the paymentpayson its behalfBeneficiarygets paid, MT103 next day
The ultimate payor funds the fintech, the fintech pays on its behalf, and the beneficiary gets the MT103 the next day.

Payments go out over SWIFT the same day, and Kira provides the MT103 proof of payment.

As a fintech company, we couldn't pay a supplier in our client's name. Banks wouldn't process it. Even a normal SWIFT payment took about 72 hours, and the MT103 came up to three days after that, so our clients waited close to a week to prove they had paid. With Kira, the payment goes out in the client's name the same day, and we get the MT103 as proof.

GabrielaCEO, Outsource X, a global trade broker based in Panama

How it works

  1. A fintech, broker, or business sends a payment on behalf of its client (the ultimate payor).
  2. Fintechs can offer POBO to their own clients through Kira.
  3. Settlement time: the agent prepares the file and selects the route in seconds; the payment goes out over SWIFT the same day.
  4. Proof of payment: MT103 included.
  5. Agents prepare the compliance file and select the bank route; a Kira officer signs off. No extra virtual account required.
The money passes through the sub-client's Kira virtual accountOn the left, the ultimate payor's wallet. In the middle, a box for the sub-client holding its own wallet and, inside it, the Kira virtual account, where the money passes through and converts from stablecoin to US dollars. On the right, the recipient's bank account. One line carries the money from left to right.ULTIMATE PAYORRECIPIENTSUB-CLIENTKIRA VIRTUAL ACCOUNTpasses through, convertsSTABLECOINUSDWalletultimate payor'sWalletsub-client'sAccountrecipient's bankwants to pay the recipientgets paid in USD
Kira only sees the sub-client: the account is theirs, and the payment is made on the ultimate payor's behalf.

Who is POBO for

  • Import brokers who need a supplier paid, not a new bank account to manage.
  • Fintechs and payment service providers serving importers, particularly Latin American importers paying suppliers in China.
  • Intercompany payments, such as a US company paying an Asian supplier on behalf of its Brazilian affiliate.
  • Invoice-backed payments to repeat foreign suppliers, such as those made by travel agencies.

Paying a supplier in a client's name is something most fintechs can't offer, because banks reject the payment or ask for an account per client. Our AI agents assemble the compliance file and pick the route in seconds, and our compliance team signs off. That is how a 72-hour wait turned into a same-day payment.

Beto DiazCOO, Kira

POBO payments are invoice-backed and subject to Kira's compliance review.

About Kira

Kira is building the first agentic layer for cross-border payments. Agents open your account, clear your KYB, answer RFIs and track every payment. Humans sign the decisions. Money moves at the speed of software, not the speed of email.

How POBO works