Kleos Unlocks Payouts in 140+ Local Currencies

The update brings currency conversion into the payout process, reducing administrative work for companies managing international contractors.

Redwood City, California--(Newsfile Corp. - August 24, 2026) - Global workforce management platform Kleos has launched Direct FX, a new payout capability that allows contractors to withdraw funds in more than 140 local currencies directly from their USD or EUR balances.

Kleos launches Direct FX, Enabling Contractor Payouts in 140+ Local Currencies

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Direct FX integrates currency conversion directly into Kleos' payout flow, allowing contractors to withdraw funds in more than 140 local currencies from USD or EUR balances without using a separate exchange tool.

Before confirming a withdrawal, contractors can view the exchange rate, converted amount and final payout amount. The quoted rate remains fixed for 15 minutes and is automatically refreshed if it expires before the transaction is completed.

The feature is available across Kleos' payout infrastructure. Bank and card payouts now support local-currency delivery, alongside a new local payout method.

Direct FX also extends payout coverage in markets where local-currency payment options can be limited, including parts of Central Asia. For companies managing international contractors, the update provides a more consistent payout process across multiple markets while giving contractors greater visibility into currency conversion before funds are withdrawn.

For HR and finance teams, this can also reduce a common source of questions around international payouts. Contractors can see the exchange rate and final amount before confirming a withdrawal, so they already know how much they will receive and how the conversion was calculated.

"Companies hiring globally shouldn't have to think about how people get paid in their own currency, it should just work. Direct FX folds the conversion into the payout itself, with the rate shown up front. One less step standing between a company and paying contractors cleanly," said Aleksei Chistiakov, CBDO and co-founder of Kleos.

Direct FX is the latest addition to Kleos' global workforce infrastructure, which combines contracts, compliance and payments within a single platform for companies hiring and managing international teams.

About Kleos

Headquartered in Redwood City, California, Kleos is a global workforce infrastructure platform that helps companies hire, manage, and pay international teams across 200+ locations. The platform provides businesses with compliant contracts, IP assignment, cross-border payments, and workforce management solutions through a single infrastructure layer.

Kleos supports companies through Contractor of Record (COR) and Employer of Record (EOR) solutions, enabling businesses to expand globally without establishing local entities. The platform is trusted by more than 600 teams worldwide and has processed over $80 million in global payments without a missed payout cycle since launch. Kleos is ISO/IEC 27001 certified and GDPR compliant.

Website: https://kleos.io/

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