October 23, 2014 | Mass payouts provider Tipalti announced that the company raised $13 million in funding to help money flow smoothly across borders. Tipalti’s platform allows programers to integrate a line of code into their website in order to solve mass payment solution problems. After registering their information, those who want to pay on the website wait until their method of payment in validated and then instruct Tapalti which country and currency the transfer should be in. Tipalti takes care of the rest with the payee with the service being free for the payer and funded by the payee on their website. Tipalti was co-founded in 2011 by CEO Chen Amit and Chairman Oren Zeev with offices in Israel and Palo Alto, California.
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