Based in San Francisco, the firm provides an online platform that links companies with their suppliers. Suppliers enter their invoices into the system to be paid by the buyers. Suppliers can sign up for early payment, to be paid out by either the companies or by third-party financial institutions including banks. If it is the latter, the companies pay back the financial institutions. The platform, which has two million suppliers signed up, financed more than $7.5 billion dollars worth of invoices last quarter. The company’s clients include Airbus SE and Nissan Motor Co. Taulia works with JPMorgan, UniCredit SpA and Greensill Capital to provide funding. It previously had an exclusive relationship with Greensill but has added other partners in recent months.

https://www.wsj.com/articles/supply-chain-fintech-taulia-to-raise-new-funds-from-jpmorgan-ping-an-11594285203?mod=searchresults&page=1&pos=2