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Stampli raises $50m in Series C to help companies intelligently manage invoices

California based software platform for corporate invoice management raised $50m in Series C financing led by Insight Partners.

“There are all these payment providers that monetize on the payments themselves,” said Feldman. “We provide payments as a service to our customers to give them the easiest way to manage that part of the process. There is a revenue stream coming from Direct Pay but that isn’t the reason we do it. We want to turn payments into a commodity.”

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invoices