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Israeli fintech firm Tipalti secures $200m debt, tops $200m ARR
Tipalti, an Israel-founded fintech firm, has secured US$200 million in debt financing from Hercules Capital to support its AI initiatives and expand internationally.
The company said it recently crossed US$200 million in annual recurring revenue.
Tipalti reported it now processes US$75 billion in annualized payment volume, serving over 5,000 businesses in North America and Europe.
Clients include Calm, Udemy, AG1, and AppLovin.
🔗 Source: Calcalist
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