Finance Automation You Can Bank On
Our money transmitter licenses guarantee regulatory oversight, giving you confidence we’re a partner you can trust.
Money Transmitter License
What Our Licenses Mean to You
Navigating the complex world of money transmission requires more than just expertise—it demands rock-solid compliance. As a registered Money Services Business (MSB), we hold money transmission licenses across every US state that mandates them, while also operating as a licensed Electronic Money Institution (EMI) in the UK and EU. It’s not just about meeting requirements; it’s a commitment to keeping you protected and compliant.
Reliable partners
Tipalti partners with blue-chip financial institutions, including Citi, JP Morgan Chase, Wells Fargo, and Visa, for our financial infrastructure, and we take ownership of the payment flow. Working with fintechs that outsource payments to second- and third-tier banks or to other fintech providers exposes you to ongoing risks, directly or indirectly.
Complete coverage
We’ve spent many years and invested significantly to acquire and maintain our licenses, ensuring there aren’t any disruptions to your payout operations, providing you with the best customer experience possible, and eliminating the risk of fines and penalties for improper payouts.
Faster approval
Payout providers without the appropriate licensing are at the mercy of the bank’s timeline for the due diligence process, which can take upwards of months. As a licensed money transmitter, Tipalti controls the compliance review process, meaning we can approve you in days once you provide the appropriate documentation, so you can get up and running within weeks.
Regulatory oversight
Tipalti is also under the supervision of regulators and directly required to follow the laws designed to protect you. Requirements include having a full-time Chief Compliance Officer (CCO) who ensures compliance with regulations, undergoing annual audits, maintaining financial reserves, and other controls to ensure we meet state-mandated financial safety requirements.
Platform Features
Work smarter, not harder
With AI and machine learning capabilities, an intuitive UX, and quick and easy global payments, you can drive unprecedented efficiency.
Integrations
Pre-Built ERP Connections to Extend Automated Workflows
Easily extend and simplify your workflows with pre-built integrations and powerful APIs for your ERPs, accounting systems, performance marketing platforms, HRIS, SSO, Slack, credit cards, and more.
Customer Stories
Don’t just take our word for it,
see what our customers are saying
Create Music Group
Learn how this independent music, distribution, and publishing giant saved critical time by eliminating 36 days of payments work annually.
Noom
Read how this pioneering health app brought finance entirely in-house and eliminated the need for outsourced accounting help.
Therabody
Discover how this leading manufacturer of wellness products reduced processing costs and eliminated 60 hours of AP work each month.
Vivino
Find out how the world’s largest online wine retailer reimagined its vendor onboarding and approval process, reducing its multi-country, multi-currency payment process from hours to minutes.
Realwear
Learn how this AI-powered smartglasses pioneer streamlined its payment workload by 20% and cut its financial close cycle in half.
How It Works
Up and Running in Weeks, Not Months
Collaborative customer support with customised onboarding to get you operational quickly
Step 1
Plan
Kickstart your success with a comprehensive setup call that reviews your manual AP workflow, outlines the onboarding plan, validates technical configurations, and prepares for training.
Step 2
Configure
Tipalti’s implementation experts set up your hosted portal, create sample payment files, configure payment options and email integrations, and establish ERP integrations using our pre-built solutions.
Step 3
Deploy
In-depth training for AP staff on the Tipalti Hub and the end-to-end AP automation functionalities, ensuring thorough knowledge transfer to turbocharge your successful launch.
Step 4
Adopt
Support user adoption and change management during launch while guiding suppliers through onboarding. Once set, you’ll be ready to execute your first payment run and officially launch Tipalti.
Step 5
Optimise
Continued technical support by phone and email. Tipalti customer success team learns your goals and offers solutions to reach them.
Awards
#1 award-winning finance automation solution
2024 Inc. 5000 List of America’s Fastest-Growing Companies
Awarded to Tipalti for the seventh consecutive year
2023 Deloitte Technology Fast 500
Awarded to Tipalti for the sixth consecutive year
2024 CNBC World’s Top Fintech Company
Digital Business Solutions Category
2023 Merit Awards for Technology
Gold Winner
Get Up and Running in Weeks, Not Months
Book a demo to get started today and take control of your finance operations with Tipalti.
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