Bar: B2B paper check volume will drop to zero within five years
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 31:09
Matan Bar is the co-founder and CEO of B2B payments platform Melio. He predicts the complete digitization of paper check transactions in business payments.
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“The next five years is when the 18 trillion, or whatever number you choose of, some research says, 18 trillion dollars of paper checks They will decrease to zero. There's no doubt about it.”
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