Matan Bar: Bill.com targets finance pros; Melio targets owner-operators
Matan Bar · 20VC: Scaling to a $1.3Bn Valuation While in Stealth, The Power of Different Network Effects Within Payment Platforms & How To Leverage Your Board and Investor Base for the Most Value with Matan Bar, Founder & CEO @ Melio · Feb 11, 2021 · at 13:13
Matan Bar is the co-founder and CEO of B2B payment platform Melio. He contrasts Melio's target demographic with incumbent software solutions Bill.com and AvidXchange.
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“As these tools, Bill.com, Avid Exchange, all these wonderful accounts payable automation solutions are mostly built for finance professionals, like an accountant, a bookkeeper, a finance team, and Melio is targeting these owner operators, these small businesses that do not have an internal finance professional.”
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