CO-RIMILIA

Rimilia , a fintech company helping finance departments simplify the complex, has appointed Kevin Kimber as CEO. The news follows another strong year for Rimilia. In 2018, Rimilia opened offices in Central London and Denver, Colorado in the U.S., and reported significant revenue growth on the previous year.

Rimilia was founded in 2008 and its platform, created by finance professionals, uses RPA (robotic process automation) technology to help finance teams fast-track their cash flow by providing clearer information and better control. It has quickly become the industry leader, trusted by a number of global brands from HSBC to DHL and Santander, to provide visibility, improve efficiencies and guarantee cash flow. Rimilia works with any currency, any bank and in any language, and on average delivers 70% cost-savings and an 80% reduction in manual effort to its customers.

Kevin joins Rimilia from Eight Roads Ventures (one of Rimilia’s investors), where he was a Venture Partner, advising its portfolio companies on go-to-market and sales strategy. Prior to that, Kevin was Managing Director of the UK Cloud business at SAP and previously Kevin led the EMEA region for first ServiceNow and then Zuora. He was an early member of ServiceNow’s management team and its first European employee, helping to scale the company from less than $1m in annual revenues through to $140 million, including an IPO on the NYSE in 2012 (NYSE: NOW).

Steve Richardson , co-founder of Rimilia, said, “Kevin has been involved with Rimilia for over a year as a Board Advisor and we’re delighted he’s agreed to join us as our CEO. His experience of building high growth tech companies, such as ServiceNow, Zuora and SAP, clearly demonstrates that his leadership skills are a natural fit for our organization. We have an aggressive plan for global expansion, and we’re excited to have Kevin at the helm.”

Kevin Kimber said: “This is a fantastic team with an exceptional opportunity and I’m honored to be taking on the role of CEO. Rimilia has established a market leading position, enabling customers of all sizes to leverage automation and intelligence. Having helped build and establish three global leaders that disrupted their fields, I am confident that Rimilia has the same opportunity to be another transformative global leader.”

Davor Hebel , Managing Partner and Head of Eight Roads Ventures Europe, added: “We’re thrilled that Kevin is taking on the role of CEO of Rimilia. His experience of building businesses both in Europe and in the U.S. will be invaluable as Rimilia continues to scale internationally. We’ve been impressed by Rimilia’s rapid growth and we look forward to continuing to support the business as it tackles new markets, takes on new customers and strengthens its product.”

About Rimilia

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. Rimilia has offices located in Bromsgrove and London in the UK, and Denver, Colorado in the U.S. Rimilia is backed by Eight Roads Ventures and Kennett Partners. Learn more at https://www.rimilia.com/ .

View source version on businesswire.com: https://www.businesswire.com/news/home/20190320005170/en/

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