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Tomer Barel

President, Melio

Professional Background

Tomer Barel is a seasoned senior executive with a proven track record of leading transformative initiatives across the internet sector. With his extensive experience and expertise, he has successfully navigated the complexities of e-commerce and payments, demonstrating a strong command of the intricacies involved in data science, fraud detection, credit risk management, and strategic operations. His rich professional background includes a significant tenure at Melio, where he held the roles of both President and Chief Operating Officer, exemplifying his commitment to driving change and fostering high-performance teams.

At Melio, Tomer played a pivotal role in steering the organization towards its strategic objectives, focusing on creating seamless payment solutions for small businesses. His leadership style highlights his passion for building world-class teams, optimizing operations, and enhancing overall customer experiences. Tomer's ability to integrate various business functions has made him a sought-after leader known for his innovative approaches and results-oriented mindset.

Prior to his impactful journey at Melio, Tomer was instrumental as a co-founder and operating partner at Lightspark, contributing to the development of innovative solutions at the intersection of technology and finance. His leadership capabilities extend beyond startup environments as he previously served as a Senior Advisor at Stripes, where he provided insights and guidance to emerging businesses.

During his time at Meta, as the VP and Chief Operating Officer of Novi, he was at the forefront of creating a digital wallet that made transactions easier and more accessible for users worldwide, showcasing his versatility within the tech industry. Furthermore, Tomer held several high-profile roles at PayPal, including Executive Vice President and Global Chief Enterprise Services Officer, reflecting his deep understanding of risk management and operations at a global scale.

His extensive experience at PayPal also included significant roles such as Senior Vice President of Global Chief Risk and Data Officer, Vice President of Risk Management, and General Manager for PayPal Israel. Here, he honed his skills in driving compliance initiatives, developing risk assessment strategies, and ensuring the company maintained a secure platform for millions of users.

In addition to his corporate endeavors, Tomer has made significant contributions to the tech and startup community in Israel through his role as a Board Member at Israel Tech Challenge (ITC). His focus on nurturing the next generation of tech professionals and entrepreneurs underscores his commitment to giving back to the community and fostering a spirit of innovation.

Education and Achievements

Tomer Barel's exceptional academic background lays a strong foundation for his illustrious career. He holds an MBA in Business from the highly esteemed INSEAD, an institution known for cultivating global business leaders. Furthermore, he pursued advanced studies in Economics, culminating in both a Master’s degree and a Bachelor's degree from Tel Aviv University. His dual degrees in Economics provide him with a robust understanding of market dynamics, financial principles, and strategic decision-making.

In addition, Tomer acquired his Bachelor of Laws (LLB) from Tel Aviv University, equipping him with a profound understanding of the legal frameworks that underpin business operations. This interdisciplinary educational background allows him to navigate various business landscapes with a multifaceted approach that encompasses economic theory, business strategy, and legal compliance.

Tomer’s commitment to continuous learning and professional development is evident in his career trajectory, where he continually seeks to expand his knowledge and adapt to industry changes. His dedication manifests not only through his professional roles but also through his mentoring of young professionals and his involvement in educational initiatives.

Achievements

Throughout his career, Tomer Barel has achieved numerous accolades and milestones that underscore his leadership prowess and industry influence. Here are some of his notable achievements:

  • Successfully led transformation initiatives at Melio, establishing it as a leading payments platform for small businesses.
  • Co-founded and guided Lightspark in its mission to innovate solutions in the financial technology space.
  • Played a critical role in developing the Novi digital wallet at Meta, contributing to the advancement of secure and user-friendly digital payment solutions.
  • Held key executive positions at PayPal, where he was instrumental in shaping risk management strategies and compliance frameworks that enhanced customer trust and security on the platform.
  • Served as a Senior Advisor at Stripes, offering strategic insights and fostering growth for various technology ventures.
  • Actively contributed as a Bo

Highlights

Mar 28 · linkedin

Small businesses are underserved in the B2B payments technology market. Our small business users want easier, more flexible ways to pay and Melio is here to provide that. I really enjoyed my conversation with the team at Payments Unbound, a collaboration between Wired and J.P. Morgan Payments – read the article to get the full story.

Tomer Barel
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Location

Israel