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Tipalti payments volume increases by 100% YOY to over $36bn

Tipalti, the leading global payables solution, today announced unprecedented growth in 2021, with payments volume increasing more than 100 percent YoY to more than $36 billion. Coming on the heels of a $270 million series F funding round, Tipalti quadrupled its valuation to $8.3 billion. With a total funding of just over $550 million, it is among the most valuable private fintech companies in the...
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Afternoon Coffee: Stampli investment; Glantus news; etc.

Adobe Stock Stampli, an accounts payable (AP) automation provider, secured a $50 million round of funding, according to the website PYMNTS.com. Insight Partners led the arrangement. The Stampli AP automation system handles the end-to-end invoice workflow by putting invoice-connected communications, paperwork and history into one place. It offers a “collaborative workspace” for AP workforces in addition to approvers, PYMNTS.com said. This latest round of funding brings the total fu...
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