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Tipalti raises USD 30 mln to boost its services

Wednesday 14 February 2018 00:26 CET | News

Tipalti has announced that it has closed a USD 30 million Series C financing round led by Zeev Ventures. 

This brings the company a total funding to over USD 50 million, and will help Tipalti widen its innovation edge and position as the pacesetter in the accounts payable automation space.

Tipalti’s cloud-based payables automation platform helps CFOs scale payable operations for rapid and global growth by eliminating the risks and inefficiencies caused by complex, manual legacy accounts payable processes. Tipalti already processes over USD 4 billion in transactions annually across almost 2 million global suppliers. The fintech company will use the additional funding to help its fast-growing customer base modernize their AP operations.


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Keywords: Tipalti, investment, accounts payable, supply chain finance
Categories: Banking & Fintech
Companies:
Countries: World
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Banking & Fintech






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