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Tau <a href=https://www.stanley-germany.de>stanley germany</a> lia Inc. has attracted some of the worlds biggest investors.The San Francisco-based <a href=https://www.stanleycups.co.nz>stanley cup nz</a> supply chain payment technology firm is raising $60 million from backers, CEO and president Cedric Bru told The Wall Street Journal.Taulias fundraising could value the company at as much as $400 million. If the goal is reached, the cash would be used to expand and introduce new products, Bru told the WSJ.Its being led by Ping An Insurance Co. of China Ltd.s investment division and will include J.P. Morgan Chase Co.s strategic investment unit and a venture arm of Saudi Arabian Oil Co.These investors see value in the startup that helps buyers and suppliers accelerate payments, improve supply chain health and unlock trapped cash. It couldnt come at a better time amid the COVID-19 pandemic.Suppliers have faced pressure since March as access to <a href=https://www.cup-stanley-cup.ca>stanley cup</a> cash has tightened during the pandemic. As a result, there have been demands for early payment as a source of liquidity, the newspaper reported.Taulias online platform links companies and suppliers who enter their invoices into the system to be paid by the buyers. It allows suppliers to receive early payment paid out by companies who owe it or by third-party financial institutions FIs .If it comes from FIs, the companies pay the lenders.The platform, with its two million suppliers as clients, has financed more than $7.5 billion dollars worth of invoices in the second quarter, The Journal reported. Among the companies include such giants as Airbus S Uqfw Latest ezW2 Software Can Pair With Payroll for Easier Tax Filing
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