Raising Over $480M in 18 Months with Lena Loiberg, VP of Finance at Melio

Lena Loiberg joined Melio as Head of Finance in February 2020, just before the Covid-19 pandemic changed everything. 

Lena arrived with a background in finance at companies like PwC, Mobileye, and Jelly Button, ready to build out a team and help lead Melio into its next phase of growth. Within weeks, however, she was forced to adjust every plan she had for the business to account for the external circumstances changing the world as we knew it. 

During her tenure, Melio’s B2B payments processing platform has increased its monthly processing volumes by 5,000% and she has spearheaded four separate funding rounds totaling more than $480M and culminating in a $4B valuation.

Lena is extremely passionate about finance, and she derives a tangible joy from being in the unique position of working for the finance department within a hyper-growth FinTech company. She believes firmly in the value of data, automation, and integration of tools for finance teams, and invests heavily in technology and people to help Melio continue its upward trajectory. 

Tune into this episode of The CFO Playbook to hear Lena discuss how Melio has matured its finance processes, where she’s finding opportunities to integrate and automate her processes, which tech tools she’s investing in, and the advice she has for aspiring finance executives.

Connect with Lena on LinkedIn.

Connect with our host Ross on LinkedIn.

If you want a better way to track and control your team’s spend, check out Soldo.com.

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