Tipalti Acquires AI-native Treasury Automation Provider, Statement
Brings real-time, AI-driven cash intelligence to global finance automation suite, furthering Tipalti's leadership as the AI-powered platform for finance
FOSTER CITY, Calif. and NEW YORK, June 17, 2025 /CNW/ -- Tipalti, the AI-powered platform for finance automation, today announced the acquisition of Statement, an AI-native treasury automation solution. With this addition, Tipalti deepens its treasury offerings with powerful real-time cash intelligence capabilities to enhance cash flow visibility, insights, and forecasting driven by AI. Tipalti continues to accelerate its market leadership by providing a comprehensive suite of finance automation solutions in one platform, designed for mid-market businesses across accounts payable, global payouts, procurement, employee expenses, corporate cards, supplier management, tax compliance, and treasury.
Transforming Treasury with AI
Statement transforms traditional treasury operations, equipping finance teams with real-time visibility and control to make better financial decisions. Leveraging advanced AI and machine learning, Statement's solution automates and streamlines the manual processes of cash position visibility, cash flow forecasts, and cash insights across many types of platforms, such as banks, ERPs, billing tools, and databases. With more efficient workflows and timely cash data, finance leaders can optimize working capital, improve liquidity, and ensure forecasts are accurate, resulting in better overall control of cash flow and more informed decision-making.
"I am excited to welcome Statement to the global Tipalti team and to accelerate our treasury capabilities with powerful AI innovation for finance teams around the world," said Chen Amit, CEO and Co-founder of Tipalti. "For many global businesses in today's economy, getting complete and instant cash flow visibility across bank accounts, systems, entities, and currencies is very complex. Together, we have a unique opportunity to evolve our customers' treasury operations into a key business driver, empowering them to take control of their cash flow and maintain real-time visibility of their business finances. This addition to our finance automation suite furthers our mission to elevate how finance teams operate in the global economy."
"We are thrilled to join a global leader like Tipalti. We have a shared vision for transforming finance operations so our customers can focus on their business," said Idan Vlodinger, CEO and Co-founder at Statement. "Innovating in treasury with AI-driven automation has been our sole focus since day one. Our AI-native solution complements the Tipalti suite with capabilities to help businesses manage cash with ease. With Tipalti's global scale, we will be able to help more customers streamline complex cash management processes, optimize liquidity, and forecast cash flow with more confidence."
Transaction Details
The deal was signed on June 16, 2025 and is expected to close shortly.
Terms of the acquisition were not disclosed.
More Information
Read more about Tipalti's acquisition of Statement in Chen Amit's blog.
About Tipalti
Tipalti is the AI-powered platform for finance automation, elevating how finance teams operate in the global economy. We empower our customers to scale faster and smarter by removing the complexities of doing global business and accelerating their finance operations efficiency. Our platform provides a comprehensive suite of finance automation solutions designed for mid-market businesses across accounts payable, global payouts, procurement, employee expenses, corporate cards, supplier management, tax compliance, and treasury. Tipalti partners with leading financial institutions such as Citi, Wells Fargo, J.P. Morgan, and Visa, enabling over 5,000 global companies to efficiently and securely pay millions of suppliers and payees across 200+ countries and territories, in 120 currencies. For more information, visit tipalti.com.
About Statement
Statement is an AI-powered treasury solution transforming financial operations for global businesses. Seamlessly connecting with banks, ERPs, PSPs, and other financial systems, leveraging advanced AI and machine learning, Statement enriches financial data, automates workflows, and provides real-time visibility into cash positions, dynamic cash flow forecasting, and transaction categorization—all without the need for IT resources. With AI at its core, Statement delivers actionable insights, identifies anomalies, and empowers companies to optimize working capital, improve liquidity performance, and streamline treasury operations.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
a day ago
- Cision Canada
Media Advisory - Simultaneous launch of Canadian space technologies Français
LONGUEUIL, QC, June 21, 2025 /CNW/ - Several technologies funded by the Canadian Space Agency under the Space Technology Development Program will be launched into space by SpaceX. These projects are a testament to Canada's leadership in space innovation. EarthDaily Analytics will use high-precision thermal imagers to monitor plant transpiration. The data collected could help farmers make decisions about irrigation, fertilization and crop rotation. It could also provide precise information about areas at greatest risk of wildfires, in order to protect our communities. INO provided infrared cameras as part of this project. Galaxia will launch its first satellite, MÖBIUS-1, a software-defined satellite designed to carry various types of Earth observation sensors. The MÖBIUS constellation could be used for a variety of applications, such as defence, environmental monitoring, agriculture, infrastructure, maritime operations and transportation. GHGSat will add two satellites to its commercial constellation, bringing the company's total to 13 methane detection satellites and one CO 2 detection satellite. Mission Control will test its onboard artificial intelligence (AI) software and machine learning operations system SpacefarerAI™ in partnership with Spire Global. Their Persistence mission aims to show how AI can analyze satellite images directly in space, thereby eliminating the need to send all data to Earth for processing. Xona Space Systems will test Pulsar, a demonstration satellite designed to validate a new generation of satellite navigation from low Earth orbit. This technology could improve precision and reliability of positioning services, including in urban areas, remote areas and the Arctic. Also contributing to the GHGSat and EarthDaily Analytics satellites are ABB 's business unit in Quebec, supplying sophisticated optical sensors, and Xiphos Systems, providing high-performance onboard processors. These innovations demonstrate the ability of Canadian companies to develop innovative technologies that meet the needs of the space program and have strong commercial potential. Media who wish to speak with a Canadian Space Agency expert or a representative from one of these Canadian companies are asked to contact the Media Relations Office.
Cision Canada
a day ago
- Cision Canada
Statement by Prime Minister Carney on National Indigenous Peoples Day Français
OTTAWA, ON, /CNW/ - "In my first months as Prime Minister, I have been grateful for the opportunity to meet with First Nations, Inuit, and Métis, and I recognize there is much more work to do together. "The government will work in full partnership with Indigenous Peoples – advancing shared priorities such as health care, food security, housing, education, economic prosperity, conservation, climate action, and emergency management to build a better future. Indigenous partnership is a critical component of the One Canadian Economy Act, and shared leadership with First Nations, Inuit, and Métis will be pivotal to the success of building major projects in Canada. "We will move forward together on the Truth and Reconciliation Commission's Calls to Action, the National Inquiry into Missing and Murdered Indigenous Women and Girls' Calls for Justice, and the implementation of the United Nations Declaration on the Rights of Indigenous Peoples Act. "Supporting Indigenous communities, advancing self-determination, implementing treaties, and creating generational wealth and prosperity are central to our commitment to advancing reconciliation. Through initiatives like the Indigenous Loan Guarantee Program, we're addressing the historical, systemic, and economic barriers that have prevented Indigenous Peoples from participating in – and benefitting from – economic opportunities, particularly in the natural resource sector. "Today, on National Indigenous Peoples Day, and every day, we honour the enduring histories, cultures, and contributions of First Nations, Inuit, and Métis, and we reaffirm our partnership in reconciliation. Together, we can build a better future, a stronger economy, and a legacy that future generations can inherit and carry forward."
Cision Canada
a day ago
- Cision Canada
Statement by Minister Valdez to mark National Indigenous Peoples Day Français
OTTAWA, ON, /CNW/ - The Honourable Rechie Valdez, Minister of Women and Gender Equality and Secretary of State (Small Business and Tourism), made the following statement: "Today, I join communities across the country in celebrating National Indigenous Peoples Day. "This is a time to honour the rich histories, vibrant cultures and enduring contributions of First Nations, Inuit, and Métis. From coast to coast to coast, we celebrate the strength, resilience, and leadership of Indigenous communities. "Today, more than 50,000 small businesses are majority-owned by Indigenous entrepreneurs. Indigenous-led businesses are fuelling economic growth and uplifting communities across the country. "In 2023 alone, Indigenous tourism operators generated an estimated 34,700 jobs and billions of dollars in economic activity. These numbers tell a powerful story of resilience and innovation and highlight the vital role Indigenous businesses play in our tourism economy. "As Minister of Women and Gender Equality, I am committed to supporting Indigenous-led efforts to end gender-based violence. Through the National Action Plan to End Gender-Based Violence and the Federal Pathway to Address Missing and Murdered Indigenous Women, Girls and 2SLGBTQQIA+ Peoples, our government is working in partnership with First Nations, Inuit and Métis communities to develop policies and fund programs to end the national crisis facing Indigenous women, girls and 2SLGBTQQIA+ people. This work is essential to healing, justice and safety for Indigenous women, girls and 2SLGBTQQIA+ people, wherever they live. "Our government is deeply committed to advancing reconciliation and to building lasting partnerships with Indigenous Peoples by supporting entrepreneurs, fostering economic opportunity and building an inclusive economy that leaves no one behind. Stay connected Follow the department on . For easy access to government programs for businesses, download the Canada Business app.
