Koverly is a financial technology startup that specializes in providing seamless global payment solutions and financing options for businesses engaged in international trade. The company operates in the cross-border payments market, catering primarily to small and medium-sized enterprises (SMEs) that require efficient, cost-effective methods to send and receive money worldwide.

Koverly's business model revolves around offering a suite of financial services through a user-friendly platform. The key features include:

1. **Payments**: Koverly allows businesses to manage all their payments in one place, offering flexible payment options and the ability to schedule payments ahead of time. This helps businesses secure favorable foreign exchange (FX) rates and manage their cash flow more effectively.

2. **Collections**: The platform enables businesses to collect payments online, providing multiple payment options to their customers. This feature also includes embedded financing, which reduces the risk associated with lending by offering more secure and flexible payment terms.

3. **Currency Conversion**: Koverly offers competitive exchange rates for transactions in 128 currencies across 180 countries. By eliminating wire transfer fees and providing full transparency on cross-border money movements, businesses can save up to 50% on FX costs and up to 40% per transaction.

4. **Financing**: The company provides embedded financing options that allow businesses to split payments into 4, 8, or 12-week increments. This improves cash flow for both buyers and sellers by expediting receivables and offering more payment flexibility.

Koverly makes money primarily through the savings it generates for its clients on FX rates and transaction fees. By offering competitive rates and eliminating unnecessary fees, the company attracts a broad range of SMEs looking to optimize their international payment processes.

In summary, Koverly is a fintech startup that simplifies global payments and financing for SMEs, offering competitive FX rates, flexible payment options, and embedded financing to improve cash flow and reduce transaction costs.

**Keywords**: Fintech, Global Payments, SMEs, Currency Conversion, FX Rates, Payment Flexibility, Cash Flow, Embedded Financing, Cross-Border Transactions, Cost Savings.