Tipalti is a multinational

financial technology Financial technology (abbreviated as fintech) refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, ...

company headquartered in

Foster City, California Foster City is a master-planned city located in San Mateo County, California, United States. Foster City is sometimes considered to be part of Silicon Valley for its local industry and its proximity to Silicon Valley cities. There are many n ...

, with offices in Amsterdam,

Foster City Foster City is a master-planned city located in San Mateo County, California, United States. Foster City is sometimes considered to be part of Silicon Valley for its local industry and its proximity to Silicon Valley cities. There are many n ...

, London, Plano,

Tbilisi Tbilisi ( ; ka, თბილისი, ), in some languages still known by its pre-1936 name Tiflis ( ), ( ka, ტფილისი, tr ) is the Capital city, capital and List of cities and towns in Georgia (country), largest city of Georgia ( ...

, Tel Aviv, Toronto, and Vancouver. The company provides

accounts payable Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents. An accounts payable ...

procurement Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. The term may also refer to a contractual ...

expense management Expense management refers to the systems deployed by a business to process, pay, and audit employee-initiated expenses. These costs include, but are not limited to, expenses incurred for travel and entertainment. Expense management includes the poli ...

, and global payments automation software for businesses.

History

Entrepreneurs Chen Amit and Oren Zeev raised capital from investors in their personal networks in the summer of 2010 to start Tipalti after observing popular

payment processors A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down ...

, such as

PayPal PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support E-commerce payment system, online money transfers; it serves as an electronic alter ...

Square In geometry, a square is a regular polygon, regular quadrilateral. It has four straight sides of equal length and four equal angles. Squares are special cases of rectangles, which have four equal angles, and of rhombuses, which have four equal si ...

, and

Stripe Stripe, striped, or stripes may refer to: Decorations *Stripe (pattern), a line or band that differs in colour or tone from an adjacent surface *Racing stripe, a vehicle decoration * Service stripe, a decoration of the U.S. military Entertainment ...

, concentrating their efforts on collecting payments. In contrast, Amit and Zeev focused on building a mass payments

software-as-a-service Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike oth ...

platform and

application programming interface An application programming interface (API) is a connection between computers or between computer programs. It is a type of software Interface (computing), interface, offering a service to other pieces of software. A document or standard that des ...

(API) for companies needing to pay 100 or more parties worldwide or multiple payment options. Tipalti became a licensed

money transmitter In the legal code of the United States, a money transmitter or money transfer service is a business entity that provides money transfer services or payment instruments. Money transmitters in the US are part of a larger group of entities called m ...

in various US states, the UK, and across the European Union to process

remittances A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland. Money sent home by migrants competes ...

and began offering automated mass payments in September 2011. The service was originally popular with ad exchanges, ad networks,

affiliate networks An affiliate network acts as an intermediary between publishers (affiliates) and merchant affiliate programs. It allows website publishers to more easily find and participate in affiliate programs which are suitable for their website (and thus ge ...

, and publishers because of the high volume and complexity of making payments, fraud risk, and regulation in the online advertising industry. On April 12, 2021, Tipalti announced it acquired the

cloud In meteorology, a cloud is an aerosol consisting of a visible mass of miniature liquid droplets, frozen crystals, or other particles, suspended in the atmosphere of a planetary body or similar space. Water or various other chemicals may ...

procurement services firm Approve.com to expand its product to "improve company-wide spend visibility and greatly strengthen their spend and financial controls," Amit said in a prepared statement announcing the acquisition. The acquisition, the company's first, enabled Tipalti to automate the entire accounts payable cycle and support more finance operations and workflows. In June 2025, Tipalti acquired

treasury A treasury is either *A government department related to finance and taxation, a finance ministry; in a business context, corporate treasury. *A place or location where treasure, such as currency or precious items are kept. These can be ...

company Statement to add AI-driven cash flow visibility and forecasting to its product.

Products and services

Tipalti helps mid and large-sized companies pay

contractors A contractor (North American English) or builder (British English), is responsible for the day-to-day oversight of a construction site, management of vendors and trades, and the communication of information to all involved parties throughout the c ...

, employees, suppliers, and vendors in different currencies and more than 190 countries by ACH bank transfer, cash through

Western Union The Western Union Company is an American multinational financial services corporation headquartered in Denver, Denver, Colorado. Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, the co ...

, check, direct deposit, PayPal, prepaid debit card, virtual cards, and wire transfer. The mass payments platform disburses funds from the customer's bank account, not third-party transfers. Companies use Tipalti's API on their website to automate and schedule payments and finance operations natively through a white-labeled payments system. The software also allows accounting and finance departments to manage compliance,

enterprise resource planning Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software—typically a suit ...

, expenses, intake and procurement, invoices, payment cards,

reconciliation Reconciliation or reconcile may refer to: Accounting * Reconciliation (accounting) Arts, entertainment, and media Books * Reconciliation (Under the North Star), ''Reconciliation'' (''Under the North Star''), the third volume of the ''Under the ...

, suppliers, and taxes. Tipalti's software uses AI and

machine learning Machine learning (ML) is a field of study in artificial intelligence concerned with the development and study of Computational statistics, statistical algorithms that can learn from data and generalise to unseen data, and thus perform Task ( ...

to automate data entry and other financial tasks; it also integrates and syncs with different accounting software, including

QuickBooks QuickBooks is an accounting software package developed and marketed by Intuit. First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as ...

. Tipalti released Tipalti Expenses, an

and automation product, in September 2023.

Reception

Tipalti has raised more than $700 million in

venture-capital Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number o ...

funding from investors including JPMorgan Chase, G Squared, Morgan Stanley’s Counterpoint Global investment team, and others since its founding to support its operations.

References

Accounting software Business software Financial technology Online payments Payment service providers Companies based in Foster City, California Financial services companies established in 2010 2010 establishments in California {{portal, Companies