Taulia has completed a funding round of $60 million that values the fintech at $400m. The funding was led by the China-based Ping An Global Voyager Fund with J.P. Morgan, Prosperity7 Ventures and existing investors including Zouk Capital also taking part. Taulia has already announced a working partnership with JP Morgan to offer supplier finance solutions.
Taulia CEO Cedric Bru (pictured) said it was, “a testament to the product-market fit of the Taulia solution that we have garnered the interest and investment from this trifecta of Fortune Global 50 companies. Ping An, J.P. Morgan and Prosperity7 Ventures bring a wealth of knowledge that we will leverage to further solve the liquidity needs of businesses and contribute to economic growth.”
© Adaugeo Media Ltd