B2B Fintech Tipalti Raises $150 Million at a Valuation of More Than $2 Billion to Accelerate Its Mission to Elevate the Finance Function

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Tipalti comes from the Hebrew expression for "We handled it." Tipalti is the only company handling both Accounts Payable and Mass Pay workflows for high-velocity companies across the entire financial operations cycle: onboarding and managing global suppliers, instituting procurement controls, streamlining invoice processing and approvals, executing payments around the world and reconciling payables data across a multi-subsidiary finance organization. Tipalti enables high-growth companies to scale quickly by making payables strategic with operational, compliance, and financial controls. Companies can efficiently and securely pay thousands of partners and vendors in 196 countries within minutes. Thousands of companies, such as Amazon Twitch, GoDaddy, Roku, Wordpress.com, and ZipRecruiter use Tipalti to reduce operational workload by 80%and accelerate the financial close by 25%, while strengthening financial controls and spend visibility. For more information, visit tipalti.com. SOURCE Tipalti