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Kyriba Hits $1.2B Valuation After 'Growth Round'

Friday, Mar 29 2019
News
Written by  FinTech News Brief Staff

Bridgepoint has taken the lead on a $160 million “growth round” for U.S.-based fintech Kyriba. So reports AltAssets. The company now stands at a $1.2 billion valuation. As such, Bridgepoint has a majority stake in Kyriba, while Iris Capital, Daher Capital, and Kyriba’s CEO Jean-Luc Robert remain invested in the company, the story reads. Kyriba’s “cloud-based SaaS enterprise platform” gives financial services companies cash and risk management, working capital optimization service and payments.

Read the full story from AltAssets

https://www.altassets.net/private-equity-news/by-news-type/deal-news/bridgepoint-leads-160m-growth-round-for-us-fintech-kyriba.html

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