Melio

Melio is a financial technology company based in New York City, founded in 2018. It offers a digital accounts payable and receivable platform tailored for small and medium-sized businesses (SMBs) and their accountants. The platform replaces traditional paper-based payment methods with an automated dashboard that helps businesses manage cash flow, avoid late payment fees, and streamline bill management.

Melio's core product includes features such as various payment methods, including ACH bank transfers, debit and credit cards, checks, and international wire transfers. The platform also provides automated cash flow management, allowing users to schedule payments and receive funds quickly. It integrates seamlessly with major accounting software like QuickBooks and Xero, making it easier for businesses to reconcile payment data. Melio serves over 80,000 customers and has processed more than $30 billion in payments, focusing on enhancing the efficiency of B2B transactions for U.S.-based businesses.