IBS Journal: The iconic monthly FinTech magazine

February 2020 issue out now! Subscribe now

Launching India FinTech Report 2020

Market sizing and forecast of Digital Lending, Payments, WealthTech & RegTech. Subscribe now

Leading Back Office Systems for Banks

In-depth Supplier Profiles and User Lists. Subscribe now

In-depth Banking Tech and FinTech Research

Over 300 research reports that's updated quarterly. Subscribe now

SaaS finance player Kyriba posts record revenues and eyes 40% growth

  • Home
  • IBS Journal
  • SaaS finance player Kyriba posts record revenues and eyes 40% growth

Jean-Luc Robert, Chairman and CEO, Kyriba

Kyriba, a developer of cloud treasury and finance solutions, said it passed $110M in revenue last year, which it described as a significant milestone for a SaaS technology company, and is anticipating 40% growth this year.
Kyriba said it signed more than 229 new enterprise clients in 2018, including Eastman Chemical, Eisai, Hitachi High-Tech, Informa, Palo Alto Networks, Peloton and Ripple Labs. For these brands and others it seamlessly connects their disparate financial systems – bank, ERP and other systems – so they can better mobilise and protect their global cash and liquidity.
“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 Jean-Luc Robert, Chairman and CEO, Kyriba. “We are excited to continue this trend in 2019 and beyond.”
Last month, Kyriba announced that it will acquire enterprise currency management leader FiREapps which develops solutions to help CFOs better manage potential losses from foreign exchange exposures. The combination of the two companies, said Kyriba, will create the industry’s most robust, end-to-end solution for managing FX risk.

Related Posts