In a strategic move to bolster its financial operations platform, Tipalti has announced the acquisition of Statement, an AI-driven fintech startup specializing in treasury automation. The acquisition marks a significant step in Tipalti’s mission to offer end-to-end automation for modern finance teams, particularly in managing global payables and financial workflows.
Strengthening Tipalti’s Capabilities
Tipalti, already a major player in accounts payable automation, helps businesses streamline everything from invoice processing to global payments. With the integration of Statement’s AI-powered treasury management solutions, Tipalti aims to extend its value proposition by giving finance teams more control and visibility over cash flow, liquidity, and financial risk.
Statement’s technology brings sophisticated treasury tools such as:
- Real-time cash visibility across accounts
- Automated cash positioning and forecasting
- Bank account reconciliation and fund movement
- AI-powered insights for cash optimization
This will allow Tipalti’s customers to not only manage their payables efficiently but also strategically plan and manage working capital across complex financial ecosystems.
Why This Acquisition Matters
As businesses scale globally, treasury operations become increasingly complex, involving multi-currency accounts, varying tax laws, and cross-border regulatory requirements. Traditional treasury management systems often lag behind in usability and intelligence.
By acquiring Statement, Tipalti is aiming to fill this gap by bringing AI-driven automation and actionable insights into treasury functions, helping CFOs and finance teams make smarter, faster decisions with reduced manual work.
This aligns with the growing trend of “intelligent finance”, where automation and AI tools are used not just for cost efficiency but for strategic decision-making and risk mitigation.
A Growing Trend in Fintech
The acquisition also signals the growing wave of consolidation in the fintech space, especially around automation and AI. As CFOs demand more unified and intelligent platforms, companies like Tipalti are positioning themselves as one-stop finance operations hubs, rather than standalone tools.
Statement, known for its modern, user-friendly treasury solution, complements Tipalti’s existing suite and will likely be integrated into its platform in the coming months.
What’s Next?
The companies have not disclosed the financial details of the acquisition, but both teams have expressed excitement about the integration. Tipalti’s CEO, Chen Amit, noted that this move “supercharges our ability to support finance leaders with complete, real-time financial control.”
