Fintech Rimilia announces US expansion

Keiligh Baker's picture

Fintech Rimilia today announced strong results for 2018 including a 100% increase in revenue over the previous year, fueling expansion to the US.

The expansion includes the opening of an office in Denver, Colorado, and the hiring of sales, marketing, professional and customer service personnel.

Founded in 2008 with offices in London and Bromsgrove, and Denver, Colorado in the US, Rimilia creates finance software which helps users "eliminate archaic practices of tracking cash and managing credit collections."

Rimilia provides an accounts receivable technology that helps finance departments simplify the complex. The solution built by finance professionals for finance professionals uses AI technology that allows you to apply cash faster and fast-track your cash flow.

Steve Richardson, co-founder and chief commercial officer, said: “2018 was a banner year, and due to this great success, we are further expanding in the U.S. by hiring an experienced team and opening a new U.S. headquarters in Denver, Colorado. The U.S. has shown great demand for our solutions, and we’re excited to enable finance leaders to eliminate a lot of the manual tasks required in financial transactions processing, which is time-consuming and error-prone.”

Rimilia provides companies around the globe with faster cash allocation, clearer information, and better control over cash flow. As a global solution, Rimilia works with any currency, any bank, any ERP in any country and language.