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Mitsubishi UFJ Capital joins Kyriba funding round

By Finextra

Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today 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, HSBC, BRED Banque Populaire, Daher Capital, Iris Capital and Upfront Ventures.

First appeared at Finextra

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