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Payment Automation Startup Tipalti Expands to Vancouver

The company expects to hire approximately 50 employees for its Vancouver office by the end of the year

Adi Pick 12:4127.01.20

Payment automation startup Tipalti Solutions Ltd. is set to open an operations center in Vancouver, Canada, the company announced Monday. The new office—Tipalti’s third location following San Mateo, California and the central Israel coastal town of Herzliya— is located Downtown Vancouver and is expected to open on February 1. The company expects to hire approximately 50 employees for its Vancouver office by the end of the year.

 

Founded in 2010, Tipalti operates a cloud-based payables automation service that processes over $8 billion in transactions annually, according to company statements. Tipalti counts Amazon, Vimeo, Foursquare, and Twitter among its clients. The company has raised $136 million to date. Tipalti currently employs 260 people, but expects to finish the year with a team of 450 people.

Tipalti CEO Chen Amit. Photo: PR Tipalti CEO Chen Amit. Photo: PR