Company:Taulia

From HandWiki
Short description: American fintech company
Taulia
TypeSubsidiary
IndustryFinancial technology
Founded2009; 15 years ago (2009)
FounderMarkus Ament, Martin Quensel, Bertram Meyer, Philip Stehlik
HeadquartersSan Francisco,
United States
Key people
Cedric Bru, CEO
Number of employees
400 (2022)
ParentSAP (2022–present)
Websitetaulia.com

Taulia is a financial technology business that provides supply chain finance and dynamic discounting services.[1] Headquartered in San Francisco , Taulia has multiple offices in the United States , as well as the United Kingdom , Germany , Bulgaria, China , Singapore and Australia .[2][3]

History

The foundation of Taulia

Taulia was founded in 2009 [4] by CEO Bertram Meyer, CPO Markus Ament, CTO Philip Stehlik and General Manager of Germany Martin Quensel.[5]

New CEO and expansion

In 2015, Cedric Bru became CEO succeeding Bertram Meyer. 3 years later, in 2018, Taulia announced that more than $1 billion worth of invoices had been accelerated through its platform in 1 day.[6] In 2018, Taulia announced its expansion into APAC.[7]

Acquisition by SAP

On January 27, 2022, SAP announced its intent to acquire Taulia for an undisclosed amount.[8] The acquisition was completed on March 10, 2022.[9]

Customers

As of 2022, Taulia serves customers globally in over 160 countries. Customers include AstraZeneca, Halliburton, Airbus,[10] and Honda.

Investors

  • J.P. Morgan
  • SAP

References

  1. "Taulia company profile - Office locations, Competitors, Funding, Valuation, Financials, Employees, Key People, Subsidiaries, News | Craft.co" (in en). https://craft.co/taulia. 
  2. "Taulia | Treasury Management International". https://www.treasury-management.com/leader/237/taulia.html. 
  3. "Taulia Appoints Jamie Whiteway to Lead Its New Asia Pacific (APAC) Team - NASDAQ.com" (in en-us). NASDAQ.com. https://www.nasdaq.com/press-release/taulia-appoints-jamie-whiteway-to-lead-its-new-asia-pacific-apac-team-20181120-00735. 
  4. "The supply chain powered by financial technology: Taulia" (in en). https://thesiliconreview.com/magazines/the-supply-chain-powered-by-financial-technology-taulia. 
  5. "Taulia grabs $15M to help suppliers get paid on time by giving buyers discounts" (in en-US). 2015-01-21. https://venturebeat.com/2015/01/21/taulia-grabs-15m-to-help-suppliers-get-paid-on-time-by-giving-buyers-discounts/. 
  6. "Taulia reaches new peak as USD 1 bln of invoices accelerated in one day" (in en). https://www.thepaypers.com/e-invoicing-scf-e-procurement/taulia-reaches-new-peak-as-usd-1bn-of-invoices-accelerated-in-one-day/771422-24. 
  7. "Taulia expands in Asia, appoints regional head" (in en). 2019-01-11. https://www.gtreview.com/news/on-the-move/taulia-sets-sights-on-rapid-expansion-in-asia-appoints-regional-head/. 
  8. "SAP to Acquire Leading Working Capital Management Company Taulia" (in en). https://taulia.com/company/news/press-releases/sap-to-acquire-leading-working-capital-management-company-taulia/. 
  9. Mukherjee, Supantha; Schimroszik, Nadine (2022-01-27). "SAP to buy U.S. fintech Taulia; eyes metaverse opportunities" (in en). Reuters. https://www.reuters.com/technology/software-group-sap-buy-majority-stake-us-fintech-firm-taulia-2022-01-27/. 
  10. Andrew Sawers (2018-11-29). "Airbus seeks to strengthen supply chain with SCF" (in en-GB). https://www.scfbriefing.com/airbus-seeks-to-strengthen-supply-chain-with-scf/.