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KYRIBA COMPLETES $21 MILLION SERIES C FUNDING ROUND
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Published : 10 years ago, on

  • HSBC becomes latest investor
  • Strategic investment will support SaaS treasury management software leader’s global expansion and product innovation

Kyriba, the global leader in cloud-based treasury management solutions, has completed a $21 million round of Series C funding. Kyriba will use these funds for product innovation and to support the company’s rapid global expansion. Kyriba enables nearly 1,000 companies worldwide to optimise their cash, manage their risk and better work their capital.

Through its strategic investments program, HSBC (NYSE: HSBC) joins existing investors BRED BanquePopulaire, Daher Capital, Iris Capital and Upfront Venturesto support Kyriba’s global expansion.

“We are pleased to have HSBC on board as a strategic investor in Kyriba,” said Jean-Luc Robert, chairman and CEO of Kyriba. “This is a clear validation of our product capabilities and strategy. This investment will enable us to continue to enrich our solution and sustain our strong growth trajectory worldwide.”

“Cloud-based services are transforming the way corporates interact with financial services providers. An innovative and leading provider in its field, Kyriba is a strong addition to our portfolio of strategic investments. We look forward to exploring business opportunities with them,” said Christophe Chazot, Group Head of Innovation at HSBC.

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.

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