Invested by Aleph

Matan Bar on Melio’s Humble Beginnings, The Power of Storytelling, Making Tough Decisions as a CEO, and Meeting George W. Bush


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Jul 03 2024 75 mins   10 1 0
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On this episode of Invested, Michael hosts Matan Bar, co-founder and CEO of Melio.


Before founding Melio in 2018, Matan Bar was the GM of the PayPal Consumer R&D center in Tel Aviv and led PayPal’s Consumer Peer to Peer Payments Group globally, responsible for over $50B in payment volume annually.

Matan joined PayPal through the acquisition of his first company (The Gifts Project) by eBay Inc in 2012.


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KEY TOPICS


  • [00:00:00] Intro

  • [00:02:10] Founding The Gifts Project

  • [00:06:37] “Ideas Change, People Don’t”

  • [00:11:00] Resilience and Patriotism in Israeli Tech

  • [00:16:19] Meaning Behind Melio’s Name

  • [00:18:55] Melio’s Mission

  • [00:23:16] Meeting George W. Bush

  • [00:28:04] Power of Storytelling

  • [00:35:00] Early Days of Melio

  • [00:38:29] Partnering with Intuit and Fiserv

  • [00:40:05] Traditional Banks Are Here to Stay

  • [00:48:22] Making Tough Decisions

  • [00:56:32] Separating From a Co-founder

  • [01:00:00] Evaluating a Company

  • [01:04:25] How AI is Transforming Melio

  • [01:11:25] Melio’s Hiring Practices

  • [01:13:31] Feedback From a CEO to His Investor



RESOURCES

Follow Matan on LinkedIn: https://www.linkedin.com/in/matanbar/

Learn more about Melio: https://meliopayments.com/

Subscribe to Invested here: https://content.aleph.vc/invested

Learn more about Aleph: aleph.vc

Sign up for Aleph’s monthly email newsletter: https://newsletter.aleph.vc/

For the transcript of this episode, go to: https://content.aleph.vc/podcast-episodes/matan-bar---episode-24

Subscribe to our YouTube channel: https://www.youtube.com/@aleph-vc/

Follow Michael on Twitter: twitter.com/mikeeisenberg

Follow Michael on LinkedIn: https://www.linkedin.com/in/mieisenberg/

Follow Aleph on Twitter: https://twitter.com/mikeeisenberg

‍Follow Aleph on LinkedIn: https://www.linkedin.com/company/aleph-vc/

‍Follow Aleph on Instagram: https://www.instagram.com/aleph.vc/




CREDITS

Executive Producer: Erica Marom

Producer: Sofi Levak

Video and Editing: Ron Baranov

Music and Art: Uri Ar

Design: Rony Karadi


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