As you can see in today’s press release, we have announced that HSBC, one of the world’s largest and most respected banks, has come on board as a strategic investor in Kyriba. HSBC is the lead investor in our $21 million Series C round, joining current investors BRED Banque Populaire, Daher Capital, Iris Capital and Upfront Ventures.
Kyriba has experienced tremendous growth over the last two years. We have signed some of the world’s biggest brands as clients, and are about to pass the milestone of 1,000 clients worldwide.
During the last year alone:
- We added more than 170 clients worldwide and posted 47 percent organic global bookings growth.
- We were recognized by global analyst firm IDC as the fastest-growing company in the treasury management space.
- We opened our eighth office, located in Singapore to support our growing Asia Pac business.
The addition of HSBC as a new strategic investor serves as a clear validation of our product capabilities and corporate strategy. This funding will enable us to continue our worldwide growth and our focus on product innovation, as well as maintaining Kyriba’s position as the global leader in the treasury management space.
This year is already shaping up to be the best and most exciting yet for Kyriba, and I look forward to sharing more successes with you soon.