Monday, May 14, 2018

Kyriba Expands In Latin America

San Diego- and New York-based Kyriba, which develops cloud-based treasury management software, said today that it is expanding its investment in Latin America, and has named Alex Canale as its new General Manager for the region. Kyriba said the expansion effort is focused on rollout of its platform in key markets in Mexico, Central, and South America. The company said it has added such customers as Arcos Dorados (McDonald's Mexico), Cinepolis, Cuestamoras, Keizen, Netsoft, Inforum, RSM and others over the last year. Kyriba raised a big, $45M funding round last fall from Sumeru Equity Partners (SEP), Bpifrance, Iris Capital, Daher Capital and HSBC.

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