Tipalti uses AI for finance operations, raises $150m in growth financing, valued at $8bn.

From Yahoo Finance: 2025-06-28 18:12:00

Tipalti serves over 5,000 companies with AI-driven solutions for finance operations. The platform automates accounts payable, employee expenses, global pay-outs, procurement, supplier management, and tax compliance. Backed by JPMorgan Chase, Tipalti raised $150m in growth financing in 2023, totaling over $550m in funding and valuing the firm at $8bn.

Tipalti’s cloud-based platform simplifies complex finance workflows, managing payables across entities, currencies, and countries with built-in compliance. The system eliminates manual work, speeds up payables processes, and integrates seamlessly with ERP systems. Clients are typically high-growth, pre-IPO firms that value automation for agility and efficiency in finance operations.

Darren Upson emphasizes the importance of automation and AI tools in creating efficiency and scalability for businesses. With the UK’s Labour government raising capital gains tax, businesses need to leverage technology to attract and retain talent. Despite tax changes, the UK remains a top destination for start-ups due to its talent pool and banking infrastructure.



Read more at Yahoo Finance: Tipalti’s Darren Upson on the strategic use of AI-driven finance