#PayTech / FinTech Tipalti Lands $150M In Funding, $2B Valuation

Tipalti’s focus of accounts payable (AP) automation “has an extremely large total addressable market with significant growth potential…”

[Dick Costolo, founding partner of and former chief executive officer of Twitter:] “We are pleased to have the opportunity to increase our investment in Tipalti during a time in which organizations have been focused on rapidly transforming and modernizing the way they operate… When I ran Twitter, I saw firsthand the importance and value of Tipalti in automating financial operations. Tipalti transformed our processes and opened up our expansion, growth and scalability strategies.”

https://www.pymnts.com/news/investment-tracker/2020/tipalti-lands-150m-in-new-funding-2b-valuation