Watch Out for These 10 Unicorns in 2017 – Tipalti 9
By Shama Hyder | Inc.com | January 23, 2017
In the past decade, there has been a proliferation of companies–whether e-commerce, affiliate, adtech, or otherwise–that need to pay a daunting number of suppliers or publishers every month. At the same time, regulations (especially international ones) have become onerous. Enter Tipalti. Its payment automation software helps businesses make mass payments across the globe with ease and compliance. The software automates payments in almost any currency and manages regulatory requirements, such as withholding payments from people on international “Do Not Pay” blacklists. Tipalti claims its product reduces the time its customers spend on payments by up to 80 percent. And last year, the company rolled out technology that brings automation to the entire accounts payable lifecycle. Tipalti’s quickly expanding customer base includes behemoths like Twitter and nimble startups like Visually. Last September, the company closed its most recent fundraising round, pulling in $14 million to drive new customer acquisition.
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