• Rimilia’s Growth Leads to Expansion into U.S.

Rimilia’s Accelerated Growth Leads to Expansion into U.S. Market

Leading Financial Technology Company Now Offers Industry-Leading AR Software for U.S.-Based Companies

DENVER, COLORADO –20 February, 2019

Rimilia, a financial technology company, today announced strong results for 2018, including a 100% increase in revenue over the previous year, fueling expansion to the U.S. The expansion includes the opening of an office in Denver, Colorado, and the hiring of sales, marketing, professional services and customer service personnel.

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 stated, “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.”

Chief revenue officer and U.S. Rimilia leader, Timothy Ray, added, “I’ve worked in the financial industry a long time, and companies haven’t seen this type of technology that can help them improve their finance operations the way Rimilia can. This technology enables clients to apply cash the same day without the need for remits – which until now, was unheard of. I’m excited to be a part of Rimilia’s continued growth.”

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About Rimilia

Founded in 2008 with offices in Bromsgrove and London in the UK, and Denver, Colorado in the U.S., Rimilia creates software finance people love by helping them eliminate archaic practices of tracking cash and managing credit collections. 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.

Learn more at us.rimilia.com