How much funding has Melio raised?

Melio has raised $654.0M in total funding, most recently a Series E round.

Who are Melio's investors?

Melio's investors include Accel, General Catalyst, Coatue Management, Aleph, Fiserv, Thrive Capital.

Where is Melio headquartered?

Melio is headquartered in New York, New York, United States.

What industry is Melio in?

Melio operates in Financial Services, Fintech, Payments.

Melio

formerly Melio PaymentsAcquired

Pay & get paid: Easy bill paying service for businesses

New York, United States · Founded 2018 · $654.0M raised

Financial Services

Fintech

Payments

Headquarters: New York, New York
Employees: 501–1000
Founded: 2018
Business Model: B2B

Website: meliopayments.com
Total Funding: $654.0M
Last Round: $150.0M Series EOct 2024
Rounds: 6

About

Melio is a B2B payments platform that simplifies accounts payable and receivable for small businesses in the US. It enables businesses to pay vendors by ACH bank transfer or credit card, even when vendors only accept checks, and to get paid faster via payment links and digital invoices. Melio integrates with QuickBooks, Xero, and other accounting software to streamline financial workflows.

Summary

Melio is a Financial Services company based in New York, United States, founded in 2018. It has raised $654.0M in total across 6 rounds, most recently a $150.0M Series E round in Oct 2024. Investors include Accel, General Catalyst and Coatue Management.

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