FiREapps raises $8.75M to manage foreign currency risk

FiREapps raises $8.75M to manage foreign currency risk

FiREapps, which helps companies manage financial risk by providing up-to-date foreign currency data, has raised $8.75 million in a second round of funding.

Demand for the Scottsdale, Ariz. company’s software, which is delivered on-demand via online subscription, has been climbing in the last two quarters, says chief executive Wolfgang Koester. After all, he says, during the past few years there wasn’t a pressing need for this data among companies based in the United States — if… Continue Reading