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SAP Completes Acquisition of Taulia

WALLDORF, Germany — March 10, 2022  SAP SE (NYSE: SAP) today announced it has completed the acquisition of a majority stake of Taulia, a leading provider of working capital management solutions. J.P. Morgan will continue to maintain its equity stake in the fintech.

“With Taulia now an official part of our solution portfolio, we can help companies gain financial flexibility and stability and contribute to making supply chains more resilient,” said Luka Mucic, CFO of SAP. The acquisition further expands SAP’s Business Network and strengthens SAP’s solutions for the CFO office. Taulia’s solutions will both be tightly integrated into SAP as well as continue to be available standalone. Taulia will operate as an independent company with its own brand in the SAP Group.

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For more information, press only:
Daniel Reinhardt, SAP, +49 (6227) 7 40201, [email protected], CET
Bob Glotfelty, Taulia, +1 (203) 249 2666, [email protected], PT
SAP Press Room[email protected]

About Taulia

Taulia is a fintech provider of working capital management solutions headquartered in San Francisco, California. Taulia helps companies access value tied up in their payables, receivables, and inventory. Taulia’s platform and network of more than 3 million businesses enables customers to execute their working capital strategies, support their suppliers with early payment, and contribute to building sustainable supply chains. Taulia processes more than $500 billion each year and is trusted by the world’s largest companies, including Airbus, AstraZeneca, and Nissan. In March 2022, Taulia became part of SAP. For more information, please visit taulia.com.

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