JP Morgan partners with Taulia on trade finance
JP Morgan has partnered with Silicon Valley supply chain finance company Taulia to develop a new trade finance solution for businesses. This partnership offers JP Morgan’s clients the opportunity and capability to onboard all kinds of suppliers across the globe and the flexibility to toggle between bank-funded and self-funded early payments.
“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,” said Takis Georgakopoulos, Global Head of Wholesale Payments, J.P. Morgan.
Through Taulia’s, clients will be able to strengthen their supply chain. According to the press release by JP Morgan, this is the company’s significant strategic alliance with fintech firm as the company looks to enhance and optimize the corporate supply chain.
“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,” said Cedric Bru, CEO of Taulia.