Friday 8 February 2019

Kyriba predicts 40 per cent revenue growth this year

KUALA LUMPUR, Feb 8 (Bernama) -- Global leader in cloud treasury and finance solutions, Kyriba, announced that its 2018 revenue had surpassed $110 million (1US$ = RM4.07) and is expecting a 40 per cent growth in 2019.
“We are grateful to our entire community – customers, partners, employees – for helping us achieve these results, and for pushing us to innovate faster and smarter on behalf of senior finance executives looking to unlock growth and opportunity,” said chairman and chief executive officer of Kyriba, Jean-Luc Robert, in a statement.
Last year, Kyriba signed more than 229 new enterprise clients including Eastman Chemical, Eisai Co., Ltd., Hitachi High-Tech, Informa, Palo Alto Networks, Peloton, Ripple Labs and many more.
The company’s achievements last year include the launch of several major new products, expansion of leadership team, new partnerships with BlackRock and WorldFirst, industry recognition, as well as the announcement of its new global headquarters in San Diego.
Last month, Kyriba announced it will acquire enterprise currency management leader, FiREapps, to help CFOs better manage potential losses from foreign exchange (FX) exposures. The merger will create the industry’s most robust, end-to-end solution for managing FX risk.
For more information, visit https://www.kyriba.com.
-- BERNAMA

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