Overview
MineralTree is an end-to-end AP automation platform founded in 2010 by BC Krishna, acquired by Global Payments for $500 million in September 2021. Now headquartered in Atlanta, Georgia (moved from Cambridge, MA), the platform processes 17M invoices annually and $110B+ in payment volume through 3,000+ customers.
Highlights
- Global Payments ownership: $500M acquisition (September 2021) providing payment infrastructure
- Prior acquisitions: Inspyrus and Regal Software (September 2020)
- Scale: 17M invoices annually, $110B+ payment volume
- 160+ ERP connectors: Extensive integration library
- Direct bank integrations: Embedded payment capabilities
- “Simple, speedy, and secure” positioning: Transform finance from cost center to profit center
- Target market: Middle market to Fortune 500
- Use cases: Invoice processing, payment execution, vendor management, fraud prevention
Founded
- Founded by BC Krishna.
Headquarters
Atlanta, Georgia (moved from Cambridge, MA).
Ownership and funding
Acquired Inspyrus and Regal Software (September 2020). Acquired by Global Payments for $500M (September 2021).
Core technology
End-to-end AP automation from invoice capture to payment with direct bank integrations. 160+ ERP connectors; processes 17M invoices annually, $110B+ payment volume.
Market position
Middle market to Fortune 500; 3,000+ customers.
Product philosophy
“Simple, speedy, and secure”, transform finance from cost center to profit center.