Tank Talks By Ripple Ventures
Tank Talks By Ripple Ventures
Ripple Ventures
Phillip Klein on De-mystifying Corporate Treasury Solutions and how startups can service Fortune 500 companies
38 minutes Posted Jul 15, 2021 at 3:33 pm.
What corporate treasury departments do03:14 Manual errors in corporate treasury operations06:35 How financial risks have changed since the pandemic and how FinLync dealt with them11:01 FinLync’s real-time payment infrastructure13:02 Risks associated with real-time payments15:25 FinLync’s integration with SAP/ERP systems18:15 Advice for startups considering integrations19:51 FinLync’s partnerships with global banks21:57 Defense against exclusivity demands for startups24:41 Overcoming budget pushbacks in a slower industry26:57 How startups should think about building their treasury systems29:33 Advice for founders in a remote work environment and global culture32:25 FinLync’s recent equity funding roundFast FavoritesPodcastsHow I Built This with Guy RazNewsletter/BlogAbundance Insider by Peter DiamandisTech GadgetiPhoneNew TrendBoxingBookSteve Jobs by Walter IsaacsonFollow Matt Cohen and Tank Talks here!Podcast production support provided by Agentbee.Agency This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com
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Treasury departments are full of business-critical activities, but still have manual interventions. In a world gone remote, how have platforms like FinLync dealt with supply chain issues and real-time payments? All this and more, on today’s episode with Phillip Klein.About PhillipPhillip Ashley Klein is CEO and Co-founder of FinLync, a global fintech company. He was previously a management consultant at Deloitte London, a derivatives and structured products trader at Morgan Stanley and a treasury trader at Citi London. He graduated from Loughborough University with a bachelor’s degree in Management, Finance & Economics.In this episode we discuss:01:38 What corporate treasury departments do03:14 Manual errors in corporate treasury operations06:35 How financial risks have changed since the pandemic and how FinLync dealt with them11:01 FinLync’s real-time payment infrastructure13:02 Risks associated with real-time payments15:25 FinLync’s integration with SAP/ERP systems18:15 Advice for startups considering integrations19:51 FinLync’s partnerships with global banks21:57 Defense against exclusivity demands for startups24:41 Overcoming budget pushbacks in a slower industry26:57 How startups should think about building their treasury systems29:33 Advice for founders in a remote work environment and global culture32:25 FinLync’s recent equity funding roundFast FavoritesPodcastsHow I Built This with Guy RazNewsletter/BlogAbundance Insider by Peter DiamandisTech GadgetiPhoneNew TrendBoxingBookSteve Jobs by Walter IsaacsonFollow Matt Cohen and Tank Talks here!Podcast production support provided by Agentbee.Agency This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com