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
8 hours ago
- Cision Canada
AOFAR Officially Launches GX6: The Top Budget Rechargeable Golf Rangefinder for 2025
NEW YORK, June 28, 2025 /CNW/ -- AOFAR today announced the release of the GX6 Golf Rangefinder, a leading choice for golfers seeking the best rechargeable golf rangefinder. The GX6 offers slope-adjusted distance, ultra-fast 0.02-second flag lock, a powerful magnetic cart mount, and modern USB-C rechargeable power, bringing high-end features to budget-conscious players. Weighing only 162g, the GX6 is one of the lightest golf rangefinders in its class, providing a comfortable and intuitive experience on the course. Its advanced optics deliver crisp visuals at 7× magnification with slope mode that can be toggled for tournament play. The built-in N52-grade magnetic mount allows golfers to securely attach the device to carts or clubs for fast, convenient access. The GX6's USB-C rechargeable battery delivers up to 12,000 distance measurements on a single charge, offering superior convenience and cost-efficiency compared to traditional battery-powered rangefinders. It's a 0.02-second flag lock with vibration feedback that ensures quick, accurate yardages, a must-have for faster-paced rounds. "The GX6 delivers exceptional value for golfers looking to upgrade their gear in 2025," said an AOFAR CEO, Mr Ding. "It combines speed, lightweight design, rechargeable convenience, and tournament-ready accuracy — all for under $70. It's ideal for casual golfers, beginners, or anyone moving up from older battery-powered models." Priced at just $69, the AOFAR GX6 Rechargeable Golf Rangefinder is now available on Amazon US and About AOFAR
Cision Canada
10 hours ago
- Cision Canada
Dahon Founder Showcased New Lineup, Revolutionary Patented Bike Tech at Eurobike 2025
FRANKFURT, Germany, June 28, 2025 /CNW/ -- Led by Dr. David Hon, Founder & CEO, DAHON unveiled a lineup of innovative new products at EUROBIKE 2025, drawing widespread attention with its DAHON 2.0 Campaign backed by its proprietary DAHON-V bike tech promising improved performance across all lines of products. The impressive product lineup attracted major industry figures such as executives from Giant and Golden Wheel Group, along with many of DAHON's European distribution partners. Major cycling media such as Global Cycling Network (GCN) Tech also grace the occasion to report on the product showcase. New Product Highlights K-Feather – Ultralight E-Bike With an ultra-compact design weighing just 12 kg, the K-Feather integrates a high-density hidden battery and torque sensor for up to 40 km of intelligent power output. Its minimalist design makes it a top choice for urban commuters, and a true fusion of technology and aesthetics. Télodon C8 AXS – Carbon Frame Folding Bike DAHON's first single-beam carbon fiber folding road bike features an exclusive internal V-fold mechanism that keeps its folded form as sleek and simple. Combined with patented DELTECH and Super Downtube, it offers enhanced frame stiffness and extended lifetime. Equipped with a SRAM AXS wireless shifting system and UDH, it ensures precise, stable performance at high speeds. Vélodon C8 Di2 – Carbon Frame Roadbike Designed with DAHON-V tech, featuring an aerodynamic frame design and Shimano Ultegra Di2 electronic shifting. Frame stiffness is increased by 20–30% compared to standard carbon road bikes, offering a powerful yet agile ride. DAHON Electric Lineup DAHON's electric lineup marks a new era in powered cycling. With five series ranging in size and use case, ranging from electric-assist bikes to mopeds, e-motorcycles and e-trikes. These smart, user-friendly features reflect DAHON's mission to make everyday mobility easier, smarter, and more enjoyable. Visit DAHON at Booth A12, Hall 12 during June 25 – 29, 2025.
Cision Canada
20 hours ago
- Cision Canada
Freegold Ventures Limited - Results of the Annual General and Special Meeting
VANCOUVER, BC, June 27, 2025 /CNW/ - Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) ("Freegold" or the "Company") is pleased to announce that all matters set out in the Management Information Circular dated May 26, 2025 for the 2025 Annual General and Special Meeting of Shareholders held on June 27, 2025 (the "Meeting") were approved by the shareholders holding 98,154,137 shares were voted representing approximately ~ 18.56% of the outstanding shares of the Company. The following nine nominees were elected as directors of Freegold. The detailed results of the vote for the election of directors are set out below: The Company's shareholders approved the appointment of Davidson & Company LLP, Chartered Professional Accountants, as the Company's auditors, as set forth in the management information circular. The Company's shareholders approved the Company's new omnibus equity incentive plan. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Information Circular dated May 26 th, 2025, which is filed under the Company's profile at Golden Summit Project Update: Drilling at Golden Summit is progressing well. Drilling is focused on resource definition, which includes both expansion and infill drilling, as well as geotechnical and metallurgical holes. Like the 2024 drill program, the current efforts aim to upgrade inferred resources to indicated status in preparation for the upcoming pre-feasibility study, which is expected to commence later this year. An updated mineral resource estimate is expected to be finalised soon, and the initial assay results from the 2025 drill program are also anticipated shortly. The Qualified Person for this release is Alvin Jackson, Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release. About Freegold Ventures Limited Freegold is a TSX-listed company focused on exploration in Alaska. It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases. Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold's Annual Information Form for the year ended December 31st, 2024, filed under Freegold's profile at for a detailed discussion of the risk factors associated with Freegold's operations. On January 30, 2020, the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect on Freegold's business, results of operations, and financial condition.
