
Melio
Founded Year
2018Stage
Series E | AliveTotal Raised
$654MValuation
$0000Last Raised
$150M | 5 mos agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+64 points in the past 30 days
About Melio
Melio develops accounts payable solutions. The company offers services that allow businesses to pay their bills, send invoices, and receive payments online, as well as make international payments and automate their bill payment process. Its accountant dashboard enables integrations, team management, easy bill capture, and more. It primarily serves the business-to-business (B2B) payments in logistics, healthcare, construction, non-profit, and retail industries. It was founded in 2018 and is based in New York, New York.
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Melio's Products & Differentiators
Melio Pay
Pay any invoice with a bank transfer for FREE, or use your credit card to defer payment and earn rewards (2.9% fee). Vendors receive a check or a bank deposit.
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Research containing Melio
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Melio in 6 CB Insights research briefs, most recently on Jan 14, 2025.

Jan 14, 2025 report
State of Fintech 2024 Report
Dec 14, 2023
Cross-border payments market mapExpert Collections containing Melio
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Melio is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,270 items
SMB Fintech
1,648 items
Payments
3,123 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
9,451 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Fintech 100
499 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Silicon Valley Bank's Fintech Network
88 items
We mapped out some of SVB's biggest clients, partnerships, and sectors that it serves using CB Insights’ business relationship data from SVB’s profile to uncover just how important it is to the fintech universe. The list is not exhaustive.
Melio Patents
Melio has filed 5 patents.
The 3 most popular patent topics include:
- antibiotics
- biotechnology
- lactobacillales

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
9/8/2023 | 12/17/2024 | Molecular biology, Yeasts, Antibiotics, Biotechnology, Lactobacillales | Grant |
Application Date | 9/8/2023 |
---|---|
Grant Date | 12/17/2024 |
Title | |
Related Topics | Molecular biology, Yeasts, Antibiotics, Biotechnology, Lactobacillales |
Status | Grant |
Latest Melio News
Feb 22, 2025
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We gather data for the secondary research from an assortment of sources, including published official articles, annual reports, official corporate websites, private company journals, and paid databases such as Statista, Factiva, Euromonitor, D&B, and IMR's Data Repository, among others. In the primary research, we contact the key companies in the market, gather the necessary data, and have it analyzed by experts in the industry. The report delves deeply into the competitive landscape, offering a clear view of the market's key players and their positions. It analyses recent product launches, technological advancements, and import/export activities, providing a holistic view of market dynamics. The methodology blends both primary and secondary approaches, offering a layered understanding of market segments and sectors. 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By Region: Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas: North America (U.S., Canada, Mexico) Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe) Western Europe (Germany, UK, France, Netherlands, Italy, Spain, Rest of Western Europe) Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC) Middle East & Africa (Türkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa) South America (Brazil, Argentina, Rest of SA) The analysis of the legal and regulatory environment provides a thorough review of laws, regulations, and compliance standards affecting businesses, including labour laws, trade policies, environmental standards, and industry-specific regulations. 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Melio Frequently Asked Questions (FAQ)
When was Melio founded?
Melio was founded in 2018.
Where is Melio's headquarters?
Melio's headquarters is located at 124 East 14th Street, New York.
What is Melio's latest funding round?
Melio's latest funding round is Series E.
How much did Melio raise?
Melio raised a total of $654M.
Who are the investors of Melio?
Investors of Melio include Accel, Bessemer Venture Partners, Coatue, General Catalyst, Latitude and 17 more.
Who are Melio's competitors?
Competitors of Melio include Conduit, SumUp, Airwallex, Crezco, Denario and 7 more.
What products does Melio offer?
Melio's products include Melio Pay and 2 more.
Who are Melio's customers?
Customers of Melio include Joe Hill, Pecorino Cheese Shop and Theresa Pittman.
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Compare Melio to Competitors

Tipalti is a global payables automation company that specializes in streamlining all phases of the accounts payable and payment management workflow. The company offers a cloud-based platform that simplifies the management of supplier payments, encompassing supplier onboarding, tax and regulatory compliance, invoice processing, and payments to suppliers worldwide in various methods and currencies. Tipalti's solutions are designed to reduce the workload for accounts payable departments and enhance financial and compliance controls. It was founded in 2010 and is based in Foster City, California.

Stripe provides services for businesses to manage online and in-person payments. It offers products including payment processing application programming interfaces (APIs), payment tools, and solutions for handling subscriptions, invoicing, and financial reports. Stripe serves sectors such as e-commerce, Software as a Service (SaaS), platforms, marketplaces, and the creator economy. Stripe was formerly known as DevPayments. It was founded in 2010 and is based in South San Francisco, California.

Paystand specializes in business-to-business (B2B) payments, leveraging software as a service (SaaS) and blockchain technology within the financial services industry. The company offers a suite of products designed to automate and digitize the entire cash cycle, including accounts receivable and payment processing, while eliminating transaction fees. Its solutions cater to various sectors such as construction, food and beverage, insurance, manufacturing, medical suppliers, and environmental industries. It was founded in 2013 and is based in Scotts Valley, California.

TransferMate is a global B2B payments technology company that specializes in cross-border transactions within the financial technology sector. The company offers services that facilitate international payments, provide virtual multi-currency accounts, and integrate with enterprise resource planning systems for businesses and financial institutions. TransferMate's technology enables clients to execute global payments with enhanced exchange rates, transparency, and security. It was founded in 2010 and is based in Kilkenny, Ireland. TransferMate operates as a subsidiary of Clunetech.
CHERRY is a B2B payment processing solution that specializes in integrating accounting software with bank payment platforms. The company offers a plugin that automates payments, streamlines approvals, and facilitates reconciliation, thereby reducing manual processes for businesses. CHERRY primarily serves businesses looking to enhance their accounting and financial workflows through automation. It was founded in 2018 and is based in Brooklyn, New York.
Winvesta is a fintech company that provides cross-border payment services for businesses and freelancers. The company offers a multicurrency account that allows clients to receive money in various currencies, including USD, GBP, EUR, and CAD, with local account details, and convert to INR at foreign exchange rates. Winvesta serves sectors that require international payment solutions, such as freelancers, businesses with global offices, exporters, and Indian SaaS and service companies. It was founded in 2019 and is based in London, England.
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