Kyriba Corp., the global leader in cloud-based treasury, cash, risk and payment management solutions, today announced exceptional growth in Switzerland. To strengthen its position as a world leader in the space, Kyriba bolstered its presence in many countries in 2016, including Switzerland. This growth strategy translated into exceptional development of new logos, an increase of +40% from 2015 to 2016. 

"The signatures of important new customers in this region in 2016 reinforces our convictions and encourages us to continue our efforts in Switzerland. Recently, Ascensia Diabetes Care, which was established following the acquisition of the Bayer Diabetes Care business by Panasonic Healthcare Holdings and Nova Marine Carriers, the world leader in shipping, joined Kyriba’s community of Swiss customers last year. The community includes Swiss companies such as Bata, COFACE RE, Kepler Cheuvreux, Somfy, and Unilabs," says Edi Poloniato, VP Sales & Marketing. "Ascensia Diabetes Care have signed up to use Kyriba’s solution to support their business worldwide."

"We need innovation and technology that can deliver new opportunities for efficiencies and help to benefit our organization," said Jan Vannerum, Chief Financial Officer and Chief Administrative Officer, Ascensia Diabetes Care. "To further streamline our business and enable us to grow faster, we are pleased to bring on fintech leader Kyriba and look forward to the advantages that their system provides through additional cash visibility."

With more than 1,500 corporates using Kyriba’s solution worldwide to optimize the overall visibility of their liquidity, control their currency exposures or the risk of fraud, Kyriba is positioning itself as a credible solution to continue addressing the needs of Swiss companies.