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In The News

Tipalti Lands $13M to Become a Bigger International Payment Platform

Let’s say you’re a global ad network. You take credit card payments from your advertisers around the world — your customers — and you pay the publishers in many countries who run the websites where the ads run.

But, given all the regulations and currencies, how do you pay them?

That’s the problem the cloud-based Tipalti platform was built to solve. Today, the Israel- and Palo Alto, Calif.-based company announced it has nabbed $13 million to keep the money flowing between borders.

October 22, 2014

Tipalti Lassos In $13 Million In Series B Funding

Tipalti, the Israeli- and California-based B2B global payments firm, has locked in $13 million in Series B funding, raised in a round led by Wicklow Capital, according to a story in VentureBeat.

Tipalti’s focus has been on small businesses that don’t have the operational wherewithal to manage all of the payments and legal issues when dealing with contractors and customers across the globe. “When you’re paying your supplier, there isn’t a simple, common denominator,” CEO and co-founder Chen Amit told VentureBeat.

October 23, 2014

The Nilson Report

Tipalti Featured In Latest Issue of the Nilson Report

September 15, 2014

Tipalti Launches an Automated Supplier Payment System

With the new Supplier Portal, any company can automate the payments for raw materials, rent, utilities, office supplies, independent contractors and employees. The Supplier Portal allows the payer to invite its suppliers to a web dashboard that prompts the suppliers to choose the preferred method by which they are paid and enter any banking information associated with the selected method. The Supplier Portal also collects necessary tax forms (such as W9) from the supplier. The payer can also add suppliers and their preferred payment method on their behalf.

September 15, 2014

Tipalti Launches Automated Supplier Payment System

Tipalti, a provider of enterprise-class automated pay-out services, has launched Supplier Portal, a new service purpose built for Accounts Payable (AP) departments to automate payments to any supplier, vendor, contractor, or employee.

September 4, 2014

Tipalti New Supplier Portal Adds Automated B2B Payments

Technology platform provider PulsePoint reportedly has been able to improve its publisher-payment processes using technology from Tipalti, a California-based specialist in automated payout services. The company now plans to expand the relationship now that the vendor has launched a new service designed to help accounts payable departments automate payments to any supplier, vendor, contractor or employee.

September 2, 2014

Tipalti Rolls Out New Supplier Payment System

California-based Tipalti, which provides enterprise-class automated pay-out services, has introduced the Supplier Portal, a new service designed to help Accounts Payable (AP) departments automate payments to any supplier, vendor, contractor or employee.

The new Supplier Portal allows companies to automate payments for raw materials, rent, utilities, office supplies, independent contractors, and employees.

August 28, 2014

How to Build a SaaS with International Appeal

It’s a great time to be a developer in the software as a service (SaaS) marketplace. Not only are SaaS platforms gaining ample traction in the B2B sector, but also they have the potential to make businesses shine on a global scale.

According to Gartner, the SaaS marketplace will top $22 billion through 2015. In addition, PC World notes that it will likely see significant changes and new trends in 2014 as vendors vie for competitive position and customers continue shifting their IT strategies toward the deployment model... If you build a SaaS platform with an international edge, you’ll find a key avenue for competitive advantage.

July 5, 2014

How to Help Remote Freelancers Make a Living With Your Product

With the entrance of a new, young, workforce that grew up on the Internet, a growing number of “accidental” freelancers launching their own businesses, and the increased accessibility of a global 24/7/365 connected world, the remote freelance market is booming.

Given the numbers and the promise for growth, remote freelancers are well served by payout companies that can provide services to the large and expanding crowdsourcing networks that employ them.

July 5, 2014

25 Hot Israeli Tech Startups

Israel’s dynamic tech startup scene is no secret. The country has been called the “start-up nation” for years and, today, only the U.S. and China have more companies listed on the NASDAQ than Israel’s 90 – worth a total of $40 billion. Innovation continues and a new crop of Israeli tech startups are on their way up, transforming healthcare, entertainment, finance, media and a myriad of other industries.

Tipalti has become one of the leading payment service providers to companies, such as online ad networks, that make hundreds or thousands of payments a day to payees around the world.

June 29, 2014

Tipalti Rolls Out Second Phase of Risk Management Module

Tipalti has released the second phase of its Risk Management Module, which blocks fraudulent payees across the entire Tipalti network.

The RMM has already helped several networks identify and block dozens of fraudsters.

According to a release from the company, for businesses making mass-payments, security and compliance are critical -- and reducing the risk of fraudulent publishers and affiliates scamming the network, can save companies significant amounts of money.

June 09, 2014

What to Expect From an On-the-Spot Technical Hiring Test

Getting your foot in the door for an interview at a hot tech startup is no easy task — and once you've scored the interview itself, you may have to prepare for on-the-spot tests to showcase your technical talents.

As a programmer or engineer, you have to deal with quite a bit more than the average candidate: your prospective employer needs to know what you can do, how fast you can do it and how elegant your process is. Often, they'll discern this by administering hands-on coding challenges, as well as critical thinking and analysis tests. Below, let’s look at a few ways to conquer the startup technical hiring test and land the job of your dreams.

May 19, 2014

5 Tips for Startups that Make Mass Payments

An overloaded accounts payable staff. Rejected payouts. Tax compliance issues. Late vendor payments. The payments industry can be challenging and sometimes downright cruel to startups and established businesses alike.

Managing multiple payments at once, commonly referred to as mass payments, has become a growing challenge due to the increasingly global reach of business and the lightning-fast pace of the online world. Addressing all of these challenges, especially when paying multiple suppliers in different countries at one time, is not feasible for most startups. However, it is possible with the appropriate understanding of the complexities of the payments industry and utilization of the right tools.

May 7, 2014

Paid freelancers are happy freelancers

The people who make up your crowd, like developers, researchers, designers, or writers, are key to the success of your crowdsourcing business, and they can make or break your network.

Their skills and expertise are the driving force behind your happy customers, and in turn, your revenues. As the most important underlying component of crowdsourcing, it is extremely important to pay them on time and in the most efficient way. This article describes the best practices for keeping your crowd happy, while running your network more efficiently.

March 18, 2014

11 Israeli Startups Making it in the U.S.

Running a startup is never easy; uncertain economic climates, fierce competition and finding a niche are among the many challenges startups face. With just the right balance of hard work, innovative thinking, and, in many cases, great technology, however, startups across the country are enjoying booming business. Some of those startups have international roots. Lately, the U.S. has seen a surge in Israeli tech startups experiencing wild success by bringing their companies to American soil.

Tipalti is a SaaS platform that directly addresses the difficulty companies have making mass payments to vendors across the globe.

February 26, 2014

Meet Oren Zeev, Silicon Valley’s Builder-Investor

You probably have not heard of Oren Zeev, and he would prefer it that way. There’s a small breed of early investors in Silicon Valley who primarily invest their own money, but who want to have an active role in building a company. They aren’t writing checks in the six figures. They’re putting in seven figures, and, in turn, own more of a startup than the average angel investor. This isn’t about scaling. It’s about building. And this is what Oren Zeev excels at. The results speak for themselves. Zeev, the early investor behind Chegg, Houzz, Audible, Tipalti and others, has quietly seen a 100 percent IRR each year on his collective investments.

February 22, 2014

12 Companies Moving Global Commerce Forward

The emergence of innovative software and apps is transforming the way payments are made and the global commerce ecosystem. This is particularly evident when it comes to mobile and electronic payments, which are expected to grow at an annual rate of 59 percent and 18 percent respectively through 2014.

And with global e-commerce transactions expected to increase from 29 billion in 2013 to 34 billion in 2014, there is an increasing need for secure and transparent global payment technology that focuses on consumer convenience and fraud prevention.

Tipalti is one of 12 companies which are making a significant impact on global commerce with innovative technology.

January 13, 2014

Tipalti Streamlines Mass, Global Payments For Ad Networks, Publishers, Affiliates

What makes Tipalti’s offering unique is that is covers all the phases of the pay-out from payee registration and payment method selection to funds disbursement, while keeping the payer in full tax and regulatory compliance, which is challenging when paying to payees in different countries. Tipalti’s framework allows companies to pay vendors in 190 countries.

December 11, 2013

Tipalti Introduces Tools to Tackle Global Mass Payments

Tipalti's newest features include a comprehensive API that allows for automated payment exception management, scheduled and time-delayed payments, enterprise-class security and authentication, international payments in any currency, and compliance with the Patriot Act and local regulations.

November 5, 2013

Tipalti Expands Bank Transfers to 32 European Countries

Tipalti, a global online pay-out provider for advertisers and networks, has announced that they now support global ACH payments to the 32 countries participating in the Single Euro Payments Area (SEPA).

July 5, 2013

Tipalti supports ACH payments for SEPA countries

Tipalti, which also works with US paid search management business Trada, helps its customers comply with tax and government Anti Money Laundering (AML) regulations by automatically collecting tax forms from each payee and scanning each payment against a government issued blacklists.

June 26, 2013

Mass Payment Platform Improves European Payment Path

Tipalti’s support of SEPA means users will enjoy a greater range of payment options, offering a ‘clear competitive advantage to the advertising and affiliate networks, online marketplaces, and monetisation networks, utilising the Tipalti solution’.

June 25, 2013

Tipalti Expands into Advertising Payments

Mass payment facilitator Tipalti is bringing its technology to advertising payments through a partnership with Cake Marketing, which provides services for performance-based marketing.

"If the [payees] are in multiple countries, the paying company has to understand which countries require which data to execute a payment. And of the available means to pay, which is the most efficient, or fastest or least costly. This requires a big payment network and a lot of very specific expertise," says Patricia McGinnis, a director at Mercator Advisory Group.

May 6, 2013

Article One Partners Uses Tipalti's Global Payment Solution

Article One Partners, the world's largest patent research community, has teamed up with Tipalti, the online automated global mass payment platform, to expand payment method and currency options and streamline the company's international payment process.

April 23, 2013

Crowdsourcing: Utilizing the "Human Cloud"

Although the terms crowdsolving and crowdsourcing are frequently used interchangeably, the latter term increasingly is being used to describe the concept of staff and resource elasticity that provides the underlying structure which makes crowdsolving feasible.

The main benefits of crowdsourcing are flexibility and cost savings, says Chen Amit, CEO of Tipalti, a cloud-based payment solution for crowdsourcing and crowdsolving networks and other users.

April 22, 2013

CAKE Is Now Integrated With Tipalti

CAKE is now integrated with Tipalti, the online automated global mass payment platform that makes it fast, easy and affordable to send payments to any vendor in 190 countries.

April 18, 2013

How Article One Relies on Mass Payments to Fight Patent Trolls

Article One Partners occupies a distinct niche—it uses crowdsourcing to combat patent trolls—an international mission that's a payments challenge.

Article One recently outsourced payments management to Tipalti, an Agoura Hills, Calif.-based mass payments provider, which hosts a payments engine that manages the forms ArticleOne uses to set up payments to its researchers.

March 18, 2013

The Financial Health of Your Organization Is at Stake

Partner with suppliers that are well-versed with international regulations governing finance, while allowing your business to focus on its growth and market strategies.

March 14, 2013

MycroBurst Launches Tipalti to Give 40,000+ Designers More Payment Options

MycroBurst’s global community of over 40,000 custom logo designers will now have a larger number of options for receiving payment. MycroBurst has launched a new process provided by Tipalti, an automated online mass payment system that makes global payments simple.

February 26, 2013

Reduce Financial Risk - Tipalti Offers Best Practices in World Trade

Risks with bankers don’t end there. Companies can also suffer dire consequences when they are trading globally and they fall out of compliance with local, national or international regulations.

“One of the basic risks that companies doing business globally, and even within the U.S., must manage is trade compliance,” says Chen Amit, CEO and founder of Tipalti

February 1, 2013

Tipalti Platform Enables Easier Management of Mass Payments

Since launching in the Spring of 2011 and securing its first customer in InfoLinks, the [Tipalti] platform has grown exponentially, with more than 15 employees managing dozens of businesses ranging from small startups to blue chip customers. Each month millions of dollars are paid out through Tipalti across 160 countries in a variety of local currencies the most common one being the US dollar, Euro, Indian and Pakistani Rupee, Pound, and the Canadian dollar. It is a rate of growth that, despite the likelihood of similar platforms emerging, could see Tipalti secure a top place as the provider of choice for on-line mass payments.

January 17, 2013

2013: 5 Trends That Will Rock Banks to Their Cores

Bank cores are racing to keep up, as demands for new services and products challenge an infrastructure that, in many cases, is older than some of the financial institutions' customers.

"The Flat Earth" has come to money, and this is posing challenges that are anything but small to many financial institutions.

January 3, 2013

Affiliate Summit West 2013 Speaker Preview – Chen Amit

Recently, I had the chance to speak with Chen Amit who will be speaking at Affiliate Summit West, taking place in Las Vegas on January 13-15, 2013 at the Caesars Palace.

Chen is one of the industry experts in the Affiliate Summit Ask the Experts Roundtables session being held on Monday, January 14th at 5:00pm.

He will be discussing the topic “The Science of Affiliate Payments”

December 4, 2012

Tipalti Addresses Cost, Compliance in Global Mass E-Payments

Tipalti’s customer base includes ad networks and crowdsourcing companies. These companies need to pay many people internationally at one time and can save time and money by using a mass payment system like Tipalti’s.

Tipalti specializes in international mass payments, handling complexities not always associated with domestic person-to-person or business payments. Once Tipalti’s customers provide a payee ID and the amount being transferred, Tipalti researches the country, method, payment details, status of tax form (W9) submission and performs screening for Office of Foreign Assets Control requirements.

November 1, 2012

Local Knowledge, Global Payments

Tipalti has announced a white-label functionality that integrates to a company’s web environment and steps payees through the process of providing all the data and other forms necessary to receive funds successfully in the destination country. 

One element that distinguishes Tipalti from other providers in the space is the broad range of payment options that the payee can choose from – which includes global ACH, paper check, wire transfer, PayPal, Western Union, and Payoneer. And for those companies that need to make payments in the United States there is the option of the U.S. ACH network. 

October 10, 2012

Tipalti Simplifies Global Payment Complexity

If you happen to run a global online advertising network or a crowdsourcing network, you face a blizzard of complexity when it comes to getting funds to your payees. Each country has different rules for different forms of payment and the fees you have to pay for, say, a wire transfer, are likely to vary all over the map.

And then there is the myriad of regulations that countries enforce to block money laundering and funding of terrorism. Simply put, unless you are Google (GOOG) or another huge operator of online advertising networks, you don’t have the resources to stay on top of all that complexity and getting it wrong can be quite costly.

Fortunately for those smaller players, there is a service that lets you outsource that complexity to a third party, That’s what Tipalti is all about, as its founder and CEO Chen Amit, explained in a September 24 interview.

October 2, 2012

Tipalti Dramatically Simplifies Worldwide Payment for Mass-Payers

Startups and large companies alike have sought to disrupt the payments space, but it has largely been a one sided effort. Square, Stripe, Paypal, and others focus primarily on collecting payments. Tipalti has taken the opposite approach, helping “mass payers” distribute payments around the world.

Tipalti has created an “automated end-to-end global payment engine” that supports a full range of localized payment methods and currencies in virtually any country. These methods include ACH / Direct Deposit, Global-ACH / International Local Bank Transfer, paper check, wire transfer, PayPal, prepaid debit card, and cash via Western Union.

With the goal of making the process as frictionless and comfortable for each payer as possible, Tipalti uses the payer’s own bank account without the need for any third-party transfers. Also, the company offers white-labeled payee registration and payment selection sites, branded to match the payer website’s look and feel.

August 3, 2012

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