Tipalti’s new fundraise arrives as the company expands its presence in the music business. Tipalti recently partnered with Create Music Group to “modernize, centralize and consolidate” the company’s payment processes with end-to-end automation. The platform also cites GoDigital Media Group as a client on its website. Tipalti says that its transactions soared by 50% in 2022 to a total annualized payments volume of $43 billion.
Source: Payments automation platform Tipalti raises $150m from JPMorgan and Hercules Capital