Mitsubishi UFJ Capital invests in Kyriba

Mitsubishi UFJ Capital invests in Kyriba
19.12.2016 04:30 pm

Mitsubishi UFJ Capital invests in Kyriba

Cash management , Risk Management , Treasury , Cloud

KyribaCorp, the global leader in cloud-based treasury, cash and risk management solutions,t oday announced Mitsubishi UFJ Capital, a Tokyo-based venture capital firm specializing  in electronics,healthcare, and technology investments, has joined Kyriba’s Series D funding round.

Leading the Japanese market in cloud-based financial solutions, Kyriba has more than 50 clients in Japan, including marquee clients Konica Minolta, Nissin Foods, and Suntory.

President, Muneki Handa of Mitsubishi UFJ Capital, said: “We have invested in Kyriba who have built a scalable cloud-based platform with deeply integrated bank connectivity, payments, risk management and supply chain finance. This architecture is a key differentiator for Japanese and world-wide organizations, and drives strategic advantages for organizations using Kyriba’s solution.”

Chairman and CEO Jean-Luc Robert of Kyriba, said: “The investment from Mitsubishi UFJ Capital adds to our strong balance sheet, and accelerates development in Kyriba’s finance technology solutions. We will further enhance our Client Success services as we reinforce our market leadership in Japan.”

Mitsubishi UFJ joins a distinguished list of existing Kyriba Corp. investors: BPIfrance, HSBCBREDBanque PopulaireDaher CapitalIris Capital and Upfront Ventures.

 

Related News

Customers More Likely To Default On Invoices Due To Pandemic-Related Cash Flow Problems

The Covid-19 pandemic has caused an increase in finance professionals dealing with outstanding invoices from customers, according to nearly half (48%) of respondents surveyed... Read more »

Sterling National Bank and Cashfac Announce Strategic Business Alliance for Launch of New Escrow Account Platform

Today, Cashfac, a global provider of back-office cash management software, and Sterling National Bank (“Sterling”), the wholly-owned operating... Read more »

GTreasury Releases AI-Powered SmartPredictions™ to Sharpen Treasurers’ Cash Forecasting Accuracy

GTreasury, a ... Read more »

MayStreet expands cash treasury offering with the addition of Fenics data

MayStreet, the industry’s leading market data infrastructure provider, today announced it has added Fenics USTreasuries (Fenics UST) to its US cash treasury... Read more »

SmartStream the first to launch a comprehensive intraday liquidity stress testing on demand solution

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the launch of its Intraday Liquidity Stress... Read more »

Retail cash automation market booms as global installations surpass 700,000

Latest research shows retailers across the world are investing in technology that improves cash management and boosts security

Market outside Japan... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel