Carla Freedy

You don't run into anybody else.

You know what?

I never communicate my transaction volume.

And that's because a couple of things.

We compete against big banks.

And big banks, it's this funny thing in fintech, which is the category that we're in.

And I think companies kind of want to either...

beat you or join you, right?

And I think we're still in the banks trying to beat us instead of joining us.

And the transaction volume number, the banks will report their number from all their customers, regardless of the transaction.

So no matter what I say, seems really small, but we're way into double digits in billions of dollars.

Yeah, I think that's fair.

I think it's really hard to have that kind of network effect, right?

To turn the supplier.

So now in our network, we have 2,500 customers and 300,000 suppliers.

Suppliers are customers though, right?

I mean, they have to have a good experience.

They need to understand who's paid them, how much they've been paid, when they've been paid.

They need to be able to reconcile the money they received to the information they received.

So suppliers are very much part of the equation, but I think it's really hard to grow with a network effect through suppliers.