Press release

Kyriba Closes $160 Million Growth Round Led by Bridgepoint to Fuel Enterprise Platform Innovation and Global Expansion

Sponsored by Businesswire

the global leader in cloud treasury and finance solutions, today
announced that it has closed a $160 million growth investment round led
by Bridgepoint, an international private equity group, which gives
Bridgepoint a majority stake in the business. The closed deal values
Kyriba at $1.2B and Daher Capital, Iris Capital and CEO Jean-Luc Robert
will continue on as investors in the company. With the new capital,
Kyriba will enhance product development and customer support, and expand
its partner ecosystem.

“We are thankful and excited to be supported by world-class investors
led by Bridgepoint,” said Jean-Luc Robert, CEO of Kyriba. “We are
incredibly fortunate to have investors that share our vision and provide
us with the financial resources necessary to capitalize on the
significant growth potential in front of us.”

Kyriba’s innovative approach to cash and liquidity management empowers
CFOs, corporate treasurers and finance teams to make better strategic
investment decisions, protect against fraud and financial risk, and
unlock trapped cash. The company’s cloud platform seamlessly connects
siloed financial systems – banks, ERPs and other systems. Through its
open ecosystem, Kyriba enables strategic partners to access its platform
and create value-added services.

“As global businesses are transformed by the digital economy and
enterprise infrastructure moves to the cloud, CFOs and treasurers are
looking for better ways to manage cash and risk, while optimizing
payments and working capital,” Robert said. “Kyriba sits at the center
of this shift and is well-positioned to help enterprises transform their
treasury capabilities.”

As announced
in March, Kyriba will continue to be led by Jean-Luc Robert and will
operate with its current management structure and strategy.

About Kyriba Corp.

Kyriba empowers financial leaders and their teams with award-winning
solutions for cash and risk management, payments and working capital
optimization. Kyriba delivers a highly secure, 100 percent SaaS
enterprise platform, superior bank connectivity and a seamlessly
integrated solution set for tackling today’s most complex financial
challenges. Thousands of companies, including many of the world’s
largest organizations, rely on Kyriba to streamline key processes,
protect against loss from fraud and financial risk, and accelerate
growth opportunities through improved decision support. Kyriba is
headquartered in San Diego, with offices in New York, Paris, London,
Tokyo, Dubai and other major locations. For more information, visit

About Bridgepoint

Bridgepoint is an international private equity firm. With over $20
billion of assets under management and over $30 billion of capital
raised to date, it typically focuses on acquiring well managed companies
in attractive sectors helping companies and management teams by
investing in expansion, operational transformation or via consolidating
acquisitions. Bridgepoint has offices in Amsterdam, Frankfurt, Istanbul,
London, Luxemburg, Madrid, New York, Paris, San Francisco, Shanghai,
Stockholm and Warsaw.