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Daniel Kalish
Co-Founder & CEO at Nilus
Daniel Kalish is the Co-Founder and CEO of Nilus, an AI-powered cash management platform designed to streamline financial operations for businesses. He has been in this role since March 2022 and is based in New York, United States.12
Professional Background
Before founding Nilus, Kalish held several significant positions at PayPal, where he served as the Head of Market Development and Go-To-Market for Central Eastern Europe, Russia, and Israel from January 2019 to August 2022. His tenure at PayPal included various roles in business development and strategy across different regions, showcasing his expertise in fintech and financial operations.13
Education
Kalish graduated magna cum laude from IDC Herzliya with a Bachelor of Law (LL.B.) and a Bachelor of Business Administration (B.B.A.) in Law and Finance. He was also recognized on the Dean's List during his studies.1
Vision for Nilus
Under Kalish's leadership, Nilus aims to provide real-time financial clarity and control, addressing the challenges that finance and back-office teams face in managing fragmented data sources and manual workflows. The company's mission is to simplify and enhance the financial operations of next-generation companies.2
Highlights
Today, TheMarker featured Nilus as one of their 20 most promising startups for 2023. 🙌
Pretty incredible feeling, and here’s why.
Just over a year ago, we decided to start solving a big data problem for finance teams that Danielle Shaul and I each saw unraveling firsthand in our previous roles.
Data for finance teams is growing in complexity.
Capital efficiency is top of mind.
But even the sharpest CFOs - who we have the privilege of working with every day - need to see their data more clearly. Cash flow reports, forecasting, and reconciliation are just some of the inputs—the brass tacks.
But they can’t do their job without clean, precise, and accessible data. Well, not without sleepless nights for CFOs and their teams.
The level of nuance required to fix this problem is high. It requires tons of attention to detail and a top-notch team (thank you!). We’re on it.
Thanks to our valued customers - for joining us on this journey, ensuring that we build a platform to change how finance teams function.
And we truly appreciate the recognition from TheMarker.
Excited to look back on this post in a year and see where we’ve come. Let’s do this!
#fintech #cfo #startupnation
Let me tell you a secret.
In a downturn market, companies understand more than ever the importance of cash flow and lowering burn rates.
But - and here’s the secret - most companies have no idea what their cash flow or burn rate is until 1-2 weeks after the month ends. With multiple banks and payment providers, understanding where your cash is and what it’s doing is a real challenge.
It requires logging into each separate account, pulling files, compiling and normalizing them, and only then getting a view into what’s going on. This process demands tedious manual work that can take weeks. In a world where everyone from advertisers to product managers and HR can see and measure performance in real-time, companies lack real-time visibility into what may be their most important asset - their cash.
Today, Nilus helps dozens of companies to change that. Leaders like Yotpo and Freightos now have the visibility to take real-time decisions to improve their cash flow.
In a time where cash is more important than ever, they can take the decisions to impact these metrics when it matters. Not 2-3 weeks after the month ends, but when the problem arises.
Thanks to CTech by Calcalist for highlighting this challenge.
