Tipalti raises USD 270 mln

Friday 10 December 2021 11:36 CET | News

Tipalti has raised USD 270 million in series F funding at a valuation of USD 8.3 billion, bringing total funding raised to date to just over USD 550 million.

Tipalti will use the funding to accelerate its product roadmap and customer operations, as well as expand globally to transform global financial operations for high-velocity customers.

Led by G Squared, the Series F round also includes significant investments from new investors Marshall Wace and funds and accounts managed by Counterpoint Global (Morgan Stanley), in addition to current investors Zeev Ventures, Durable Capital Partners, 01 Advisors, and others.

Tipalti currently processes over USD 30 billion in total annual payments volume. This year it launched enhanced capabilities, including the acquisition and integration of cloud procurement solutions provider

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Keywords: funding, fintech, digitalisation, digital payments
Categories: Payments & Commerce
Countries: United States
This article is part of category

Payments & Commerce