Melio | Company Profile

Company Directory for Melio

Melio

Overview

Melio is a financial technology company based in New York City, founded in 2018 by Matan Bar, Ilan Atias, and Ziv Pav. The company specializes in a B2B payment platform that simplifies bill management and accounts payable processes for small and medium-sized businesses.

The platform allows businesses to pay vendors, suppliers, and contractors using ACH bank transfers, credit cards, and paper checks. Features include payment scheduling, automation, customizable multi-level approval workflows, and expedited payment options such as same-day ACH and instant transfers, offering flexibility in cash flow. Melio integrates with popular accounting software including QuickBooks Online, Xero, and FreshBooks for real-time bookkeeping and reduced manual data entry. With AI-powered invoice capture, payment tracking, international payments support, and partnerships with firms like Capital One and Shopify, Melio streamlines payment workflows and has been recognized on Forbes’ Fintech 50 list in 2022 and 2023.

Basic Information

Industry financial services
Founded 2018
Revenue 187M
Headquarters 18 W 18th St, New York, NY, United States
Alexa Ranking

Contact Details

Key Focus Areas & Initiatives

  • Small business payments
  • Accounts payable and receivable automation
  • Online payments and payment options
  • Automated accounts payable workflows
  • Payment platform security
  • B2B payment solutions
  • Scheduled bill payments and automation
  • AI invoice capture and extraction
  • Global vendor payments
  • Cost-saving bill payments
  • ACH transfers
  • Expense management automation
  • Operational efficiency and payment platform reliability
  • Payment processing speed enhancements
  • Small business cash flow solutions
  • Integration with Xero, QuickBooks, FreshBooks
  • International payments capabilities
  • Reward earning payment features
  • Automated invoice reconciliation
  • Vendor relationship management
  • Retail and payment status updates
  • Accounting software integration
  • Financial technology services
  • Cash flow optimization
  • Fraud detection and security
  • Vendor payment flexibility
  • Invoice management and workflows
  • B2B payment scheduling tools
  • Multi-currency and international vendor payments
  • Cloud-based bill management
  • Payment integration and notifications
  • Cost-effective bill payments
  • Instant transfer payments
  • Support for deferred credit card payments
  • Customizable approval workflows
  • Payment alerts and tracking

Technologies Used

  • AI
  • Amazon SES
  • CloudFlare Hosting
  • Cloudflare DNS
  • ExactTarget
  • Gmail
  • Google Apps
  • MailChimp SPF
  • Microsoft Office 365
  • Pardot
  • Rackspace MailGun
  • Salesforce
  • Sendgrid
  • Webflow
  • Zendesk

Affiliated Organizations & Regional Branches