“Can a vertical SaaS tipping platform for service professionals become the financial infrastructure layer for cashless tip collection and instant worker pay in the US service economy?”
Founded in 2016 as DirectTips, Tippy started as a standalone digital tipping app for salons and spas. It evolved from a simple QR/link-based tip collection tool into a full-service tip management platform encompassing POS integrations, real-time disbursement, and an embedded digital wallet. The landmark embedded-finance pivot came in 2022 when Tippy replaced direct ACH payouts with Branch's digital wallet and debit card, making instant tip access the core value proposition for service professionals.
Tippy discloses Branch as its banking provider, according to the Embedded Finance Index 2026.
Tippy does not disclose a bank charter of its own; its banking services are provided through Branch.
Tippy uses Onfido for KYC and identity verification.
Tippy connects to bank accounts through Plaid.
The Embedded Finance Index 2026 maps 4 layers in Tippy's stack: Payments / PSP (Adyen and checkout); Banking / BaaS (Branch); Open banking (Plaid); KYC (Onfido).
Tippy is founded in 2016 and headquartered in Fort Lauderdale, FL.
Tippy has raised $3.15M in total (latest round: Accelerator/Incubator).
Get a read on where your own stack stands against Tippy and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.