Melio’s Mentorship Program for Women in High Tech

Melio’s mission is to keep small businesses running, helping them improve their cash flow and workflow, better control their finances, and optimize the financial health of their business. Melio was founded by CEO Matan Bar, CTO Ilan Atias and Ziv Paz in 2018, with headquarters in New York, R&D center in Tel Aviv and Western US headquarters in Colorado . The company has raised $506 million to date. Melio’s intelligent B2B online payment solution is tailor-made for the needs of small businesses. It’s a free, simple and secure solution that allows small businesses and their suppliers to transfer and receive payments quickly and easily. But last week, they launched something different: a mentorship program to help women in tech.

The program, called MentorMe, includes a series of group and personal meetings, discussions and networking. The program was open to female tech engineers, and although they expected only a small number of women to apply, some 150 women from various tech companies in Israel ended up signing up to participate as a mentor or mentee. After reviewing their background and diversity, reviewing their application responses, technology expertise, and compatibility with the role of mentor or mentee, 50 women were chosen to participate in the initiative. The senior engineers were each assigned a junior engineer to mentor and start the learning process.

In addition to individual meetings with their mentors, each mentee will participate in meetings focusing on different topics that can help their professional and personal development as engineers. Each meeting will feature an influential woman in the industry who will share her experiences and knowledge. They include Karin Moscovici, former vice president of R&D at Riskified; Yael Karov, entrepreneur and director of engineering at Google AI; and Inbal Orpaz, journalist and founder of the #WomaninTech initiative.

The program, which is hosted at Melio’s offices, was created by Melio for the community of female programmers and not just for company employees in recognition of the severe shortage of women in technology positions, especially in technical management positions.

In an attempt to help alleviate the shortage, Melio decided to help women at the start of their careers recognize the challenges they will face along the way and thus facilitate their access to technology management positions. Revital Ziv, Melio’s employer brand manager and initiator of this program, explained to Geektime that “there is a lack of women in technical positions – and the scarcity is even greater when you look at women in senior positions in technology, so I thought a good way to solve this problem would be to help junior engineers understand the different obstacles they are likely to encounter along the way and create a strong network of mentoring and sponsorship to help them achieve their goals. to navigate my own career, not waiting for opportunities to present themselves, but creating them myself. I think this is something that can help many women in their career, and that’s one of the topics we cover in this program,”

Melio hopes that this measure will help solve a very present problem in the labor market. This is the first cycle of the program and judging by the number of registrants, the company understood that there was a real need for this program and there will be more cycles later to reach as many programmers as possible early in their journey and help shape their careers.

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