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Taulia secures investments from Ping An, J.P. Morgan, and Prosperity7 Ventures

Friday 10 July 2020 08:45 CET | News

Taulia has announced a funding round of USD 60 million led by the Ping An Global Voyager Fund with additional participation from J.P. Morgan, Prosperity7 Ventures and existing investors including Zouk Capital.

The funding will help accelerate growth as the company sets its sights on further global expansion. 

This latest round of funding comes as Taulia announced reaching profitability in 2019 and a new strategic alliance with J.P. Morgan earlier this year. Using technology-enabled solutions and innovations including machine learning, the company processes over USD 500 billion in spend annually across its network.

Taulia is a provider of working capital technology solutions.


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Keywords: Taulia, investments, Ping An, J.P. Morgan, Prosperity7 Ventures, working capital, machine learning
Categories: Banking & Fintech | E-invoicing, SCF & E-procurement
Countries: United States
This article is part of category

Banking & Fintech