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Miguel Armaza sits down with Matan Bar, CEO & Co-Founder of Melio, a B2B payments platform for small businesses. The company has raised over $500 million from a who’s who of fintech investors, including Accel, Coatue, Bessemer, General Catalyst, Thrive, Tiger Global, and more.
In this episode, we discuss:
- Understanding your customer. Prior to writing a single line of code, the Melio team setup an old-school bookkeeping business in Manhattan to truly understand the challenges of their future clients. What did they learn?
- Importance of velocity to launch products and being comfortable with making mistakes (but correcting them very quickly!).
- Matan used to lead peer-to-peer payments at Paypal, but then built a business-to-business payments company. What led him down this path?
- Why his biggest mistake was optimizing new hires for skills and not for culture… and a lot more!
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Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.
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