- Taulia has headquarters in San Francisco, which deals in financial technology business to provides working capital management, electronic invoicing, supply chain finance, and dynamic discounting services
- JPMorgan is New York based multinational investment bank and financial services holding company
Taulia, the leader in working capital technology solutions, today announced a strategic alliance with J.P. Morgan which will create a unique and differentiated trade finance solution for clients. This alliance cements Taulia’s position as the market-leading Supply Chain Finance provider and allows J.P. Morgan to deepen the value proposition for clients.
Takis Georgakopoulos, Global Head of Wholesale Payments, J.P. Morgan said,
“We’re always looking for impactful ways to enhance the client experience within Wholesale Payments and that’s been proven by our various investments over the last three years – from acquisitions to strategic alliances like what we’re doing with Taulia. With Taulia, we’re better positioned to serve our clients for the long term, allowing them to inject and redeploy liquidity to their suppliers, ensuring continued operations during this challenging time.”
This is J.P. Morgan’s most significant strategic alliance with a FinTech in the trade finance business, as the firm looks to leverage Taulia’s industry leading technology platform, data and analytics to enhance and optimize corporate supply chains.
Stuart Roberts, Global Head of Trade, J.P. Morgan said,
“We’re eager for clients to begin using the combined offering, as it brings together our depth of resources, expertise, strategic vision and vast client relationships, accelerating growth and innovation within the trade finance industry.”
Cedric Bru, CEO, Taulia says,
“We are very excited to be working together with J.P. Morgan to offer a solution that will be game-changing in our industry. Combining Taulia’s technology and delivery with J.P. Morgan’s global reach creates an unmatched value proposition for clients. Our mission is to allow businesses to thrive by having access to cash in a predictable and cost-effective manner. This strategic alliance further strengthens our purpose.”
The new strategic initiative offers J.P. Morgan’s clients both the capability to onboard suppliers of all sizes across the globe and the flexibility to toggle seamlessly between bank-funded and self-funded early payments. Through Taulia’s platform, clients will be able to inject liquidity to strengthen their supply chain while simultaneously giving them more visibility and control over their cash, ultimately unlocking trapped working capital within their supply chains.