Tipalti Obtains EMI Licence in Netherlands, Launches Fully Localised Solution for European Market

Tipalti, the leading finance automation platform, announced the launch of a fully localised solution for the European market, along with a recently granted Electronic Money Institution (EMI) licence from De Nederlandsche Bank (DNB).

According to the company, the new localised offering and licence enables Tipalti to offer a full spectrum of payment solutions and capabilities to more businesses across Europe, bringing speed and reliability of payments to a currently underserved market.

The launch of a European product and the EMI licence is a key stepping stone for Tipalti's further European expansion into key European markets, including Germany and the Nordics.

Rob Israch, President of Tipalti, said: "Now more than ever, businesses in the region need localised tools that eradicate manual processes, drive efficiency and give them a competitive edge – because time spent on manual finance processes is time spent away from strategic initiatives that drive growth. With our fully localised solution and strategic financial institution partnerships throughout Europe, Tipalti is in a strong position to help businesses achieve the sustainable growth needed."