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B2B fintech with $2 billion+ valuation accelerates employee growth, adds new executives
San Mateo, CA, February 24, 2021 – Tipalti, the leading global payables automation platform, announced it grew its revenue by over 85% in Q4 2020 relative to Q4 2019. Tipalti continued its rapid growth surpassing $18 billion in annualized transactions in the second half of 2020, up from $11 billion in the first half of the year. The company grew its revenue and workforce rapidly, while maintaining its industry-leading 98% customer retention rate.
Tipalti added 160 employees in 2020, bringing the total number of employees to over 400 globally. It plans to hire an additional 350 employees in 2021. Recent notable hires include the appointment of Doug Inamine as Chief Human Resources Officer (CHRO) and Amisha Gandhi as Senior Vice President of Marketing.