FinTech Magazine July 2024 | Page 24

CHEN AMIT TITLE : CEO COMPANY : TIPALTI INDUSTRY : FINTECH LOCATION : ISRAEL
LIFETIME OF ACHIEVEMENT IN FINTECH

Chen Amit , the CEO and Co-founder of Tipalti , has a background marked by technical education and entrepreneurial spirit . Born and raised in Israel , Chen showed an early interest in technology . He earned a Bachelor ’ s degree in Computer Engineering from the Technion – Israel Institute of Technology , one of Israel ’ s leading technological universities , and an MBA from INSEAD .

This rigorous education laid the foundation for his future career in technology and business​ .
With a career spanning over three decades , Chen has built a reputation for his expertise in fintech and business management .
In 2010 , Chen co-founded Tipalti with Oren Zeev . Tipalti addresses the complex challenges of global payments , automating processes such as supplier management , payment reconciliation and compliance . Under Chen ’ s leadership , Tipalti has grown rapidly , securing significant funding and expanding its customer base globally .
The company ’ s success can be attributed to Chen ’ s vision of simplifying the payables process for businesses of all sizes , enabling them to focus on growth and efficiency . His start-up was valued at more than US $ 2bn in 2010 when he was aged 45 .
“ As an older founder , it is easier to make bolder decisions and to act strongly with my investors . When I was younger , I made some critical mistakes when selecting investors that affected the company in major ways .”
Prior to Tipalti , Chen founded Atrica , an Ethernet infrastructure company , where he served as CEO . He later sold the company to Nokia-Siemens . His experience at Atrica laid the foundation

CHEN AMIT TITLE : CEO COMPANY : TIPALTI INDUSTRY : FINTECH LOCATION : ISRAEL

“ As an older founder , it is easier to make bolder decisions and to act strongly with my investors ”

Chen Amit is the Co-founder and CEO of Tipalti , a leading fintech company specialising in global payables automation . With a background in engineering and entrepreneurship , Chen has driven Tipalti ’ s growth , revolutionising the way businesses manage and streamline their financial operations .
24 July 2024