Tungsten Network is a global electronic invoicing firm that provides supply chain financing services from international offices in the United Kingdom, United States, Bulgaria, Germany, and Malaysia. As a small- to medium-sized IT company, they have an estimated revenue of £31.3 million (GBP) as of July 2017. Tungsten Corporation Plc (TUNG) is reported to trade regularly on the London Stock Exchange. Main competitors in this arena include Tradeshift, Ariba, Basware, Taulia and iPayables. Tungsten Network "was founded [in 2013] by Edmund Truell and Danny Truell to identify and acquire a company, business or asset within the financial services sector which it can grow into a business with a significant market presence in a segment with potential for sustainable long-term cash generation, return on equity and growth." A major acquisition was OB10, a global electronic transaction service with headquarters in London, England. Founded in 2000 by Stefan Foryszewski, Chris Lowrie, Alain Falys and John Jermy, Tungsten Network underwent a series of corporate expansions and acquisitions. The company, led by its founder and CEO Edmund "Eddie" Truell, agreed to the 2013 buyout of Open Business Exchange for £99 million (GBP) in cash and shares. The purchase of DocuSphere in September 2014 significantly extended their e-invoice automation technology. More information...
According to PR-model, tungsten-network.com is ranked 2,663,100th in multilingual Wikipedia, in particular this website is ranked 1,453,133rd in English Wikipedia.
The website is placed before tkdami.net and after open-your-innovation.com in the BestRef global ranking of the most important sources of Wikipedia.
