By  on February 13, 2018

Today B2B fintech provider, Tipalti, announced the closing of a $30 million Series C financing round led by Zeev Ventures. The solution-provider has earned a collective $50 million, which will all be focused on growing its innovation and improve its position as a leader in the accounts payable automation space, a company spokesman said.

“By modernizing the finance operation, we typically automate 80 percent of an organization’s AP and cross-border payments workload, freeing the finance team to focus on mission-critical initiatives, such as scaling their business globally and improving their company’s competitiveness and profitability,” said Chen Amit, chief executive officer and cofounder of Tipalti. “This funding round enables us to continue our track record of innovation to transform the entire accounts payable operation.”

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