Fintech Firm Tipalti Raises Funds at $8.3 Billion Valuation
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Tipalti Solutions Inc., whose platform automates payments to suppliers and vendors, raised $270 million to build out its products and fund global expansion.
The San Mateo, California-based company was valued at $8.3 billion in the funding round, with backing from investors such as, G Squared, Zeev Ventures, Durable Capital Partners, 01 Advisors, according to a statement on Wednesday.