CTalk: Banks Don’t Know How to Efficiently Serve Mid-Market Businesses, Says Tipalti CEO

Chen Amit, co-founder and CEO of payment automation startup Tipalti Solutions Ltd., spoke with CTech reporter Adi Pick about the future of accounts payable technology, Tipalti’s customers, and going from being banks’ foe to friend.

Founded in 2010 and based in San Mateo, California and the central Israel coastal town of Herzliya, Tipalti operates a cloud-based payables automation service that processes over $8 billion in transactions annually, according to company statements. The company has raised $136 million to date.