Unlocking Growth: Mastercard’s Role in Empowering the Mighty Middle Market

Mid-market companies ($10M - $1B annual revenue), represent 33% of private sector GDP. Despite their crucial role in economic health, these companies commonly go underserved by wholesale banks who gravitate to supporting larger enterprises. Additionally, retail banks consider mid-market companies too big to fit into the SMB category. As a result, mid-market companies lack capital and access to the right tools to digitize and automate; impeding their efficiency and growth potential.

In this episode of Fintech Corner, Brett chats with Marie Elizabeth Aloisi, EVP of US Commercial Products and Acceptance at Mastercard. They explore Mastercard’s role in providing essential tools and capital to empower the middle market; creating growth and resilience in an increasingly digital landscape.

Timeline:
(1:07) Why middle-market companies tend to be under-resourced and underserved in the tech landscape.
(4:19) The importance of digitization in attracting and retaining Millennial and Gen Z talent.
(6:50) How Mastercard focuses on API-driven solutions for mid-market companies aiding in efficient, real-time banking access.
(16:44) How Mastercard uses AI to protect data and prevent fraud, creating a safe ecosystem for clients.

This episode is brought to you by Trovata.io. Trovata.io empowers everyone to analyze, report, forecast, move – manage cash like a pro – no matter who your business banks with. Save time, ensure data accuracy, and drive smarter decisions with access to your data across multiple banks and accounts.

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About Brett Turner:
After starting his career as a CPA with the Deloitte audit practice, Brett gained progressive experience in corporate finance and accounting managing SEC reporting for Amazon and then becoming VP of Finance for Worldwide Packets (sold for $300M+ in 2008). Across his last three roles as a startup Co-Founder / CFO, Brett has raised over $100M in equity and venture debt financing while helping create over $500M in shareholder value. Today, he is the founder and CEO of the cash management platform, Trovata. Brett is a Seattle native, with a BA in Finance from Seattle Pacific University.

Connect with Brett on Linkedin:   / brett-turner  

About Marie Elizabeth Aloisi:
Marie is responsible for growing Mastercard’s commercial business, focused on modernizing B2B payments. She leads commercial acceptance, business development, product development, product management, and partnerships in pursuit of capturing more than ~$20T+ worth of B2B payments made every year in the US.

Additionally, Marie leads Mastercard Healthcare Solutions; a business dedicated to helping healthcare partners by bringing the scale and advanced technology of Mastercard to solve significant pain points across the healthcare eco-system. She also leads the team responsible for the Fuel/Auto industry’s most strategic partners readying the payment technology for the energy transition of fuel to electric vehicles. Marie has also taken on a new business focused on addressing the data and insights needs of Consumer-Packaged Goods (CPG) industry.

Connect with Marie on LinkedIn:   / marie-elizabeth-aloisi-5161507