Episode 38 | Thibaut Sahaghian from Multis on Building a Business on Crypto

The Accountant Quits Podcast

Embracing cryptocurrencies into your business can be a daunting undertaking.
3 of the biggest hurdles to going corporate with crypto today are the following;
(i) First payments and treasury managements
(ii) Secondly tracking your wallets and transactions
(iii) And finally exchanging crypto to fiat

To discuss how you can start building your business on crypto and embrace the open financial system, I spoke to Thibaut Sahaghian, the CEO and founder of Multis.
Multis allows organizations to manage their crypto treasury & cash flow, run crypto payroll, track spending across wallets, and have recently launched corporate cards to allow your business to off ramp and pay in USD within a few seconds.

Topics covered;

• Thibaut’s story into blockchain and how Multis started (2:21)
• Mindset change required to move one's business on crypto (self-custody, logging transactions) (4:27)
• What is Multis and its main features (7:01)
• Importance of having a multisig wallet, and why Multis choose Gnosis Safe (9:48)
• AR & AP workflows , and the need for specialized web3 tools like Request Network (12:32)
• Payroll process and how Multis allows batching of salaries to save time & money (14:17)
• Off ramping with Multis corporate cards to exchange crypto and spend in USD (17:00)
• Application process to get a Multis crypto corporate card (18:18)
• Product market fit for Multis & their target audience in next 12 months (22:57)
• Challenges faced by Multis for adoption (24:30)
• How to upskill staff when building a business on crypto (26:32)
• Closing thoughts on the easiest step to transition a business on crypto (28:44)

Brought to you by

Request Finance - an all in one platform to manage and track invoices, salaries & expenses in crypto.

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