B2B Payments

Taulia’s Massive Growth Spurt

Taulia, a cloud-based provider of Software-as-a-Service, e-invoicing, and other B2B payment solutions, announced a major growth spurt in the form of an expanded management team. The new hires could be viewed as a sign of the growing trend toward B2B payments digitization in the face of the demands of a new breed of B2B buyers, suppliers, and financers seeking less friction and a higher quality of online resources.

According to a press release, Taulia tripled its revenue in 2014, thus fueling its expansion. In doing so, Taulia hired four new professionals to its management team, including a new VP Engineering, VP Professional Services, VP Working Capital Solutions, and VP Ecosystem and Partnerships.

The announcement also follows last month’s reports that Taulia secured $15 million in funding from Zaouk Capital and, soon after, the hiring of a new Chief Financial Officer, Rik Thorbecke.

In a statement, Taulia CEO Bertram Meyer expressed the company’s excitement about the new management team: “I’m looking forward to working with them as we continue to grow and meet the tremendous demand we’re seeing in the industry.”

Taulia’s “tremendous growth” is good news for a market that has largely been seen to lag behind traditional consumer-oriented services. But as chatter mounts over B2B innovation, experts agree that the industry needs to adapt to a hyper-connected, digital, global market.



The pressure on banks to modernize their payments capabilities to support initiatives such as ISO 20022 and instant/real time payments has been exacerbated by the emergence of COVID-19 and the compelling need to quickly scale operations due to the rapid growth of contactless payments, and subsequent increase in digitization. Given this new normal, the need for agility and optimization across the payments processing value chain is imperative.

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