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Wallets/melio

Melio

0 standards supported

Overview

Melio is a US small-business accounts-payable/receivable platform that lets SMBs pay vendors by bank transfer or card — even when the vendor doesn't accept cards — and receive payments, with deep accounting integrations [1, us-cro]. Its signature feature is letting a business pay any bill with a card (Melio sends the recipient an ACH/check), helping SMBs manage cash flow, competing with [[bill-com]] and [[tipalti]].

Melio reached a ~$4B valuation in 2021 and powers embedded AP for partners such as Intuit QuickBooks.

History

2018 — Melio founded in New York/Tel Aviv by Matan Bar, Ilan Atias and Ziv Paz [2].

2020 — COVID-driven SMB adoption of digital bill pay accelerated growth.

2021 — Series C/D at ~$4B valuation [2], funding product and embedded-partnerships expansion.

2022-2025 — Embedded AP focus, including powering bill pay inside partner platforms (e.g., Intuit QuickBooks Bill Pay), with continued US-SMB focus.

Ownership & operator

Operating entity: Melio Payments Inc. (US/Israel roots).

Founders: Matan Bar (CEO) + Ilan Atias + Ziv Paz.

Investors: Accel, General Catalyst, Coatue, Tiger Global, Thrive Capital, American Express Ventures and others.

Regulators: FinCEN + state money-transmitter regimes.

Technical integration

Layer Description
Channels Web app + embedded AP/AR via partner platforms + API
Identifiers Vendor bank accounts + payer cards + email-based vendor onboarding
Pay-by-card Pay any vendor with a card; recipient receives ACH or paper check
Stack Bill pay, invoicing/receivables, approvals, accounting sync
Customer focus US small businesses + embedded-partner platforms

Implementations & partners

Operator: Melio Payments Inc.

Embedded partners: Intuit QuickBooks (bill pay) and other SMB platforms.

Rails: ACH bank transfers, paper checks, and card funding (Visa/Mastercard/Amex).

Competitors: [[bill-com]], [[tipalti]], [[ramp]] (bill pay), Plastiq.

Regulators: FinCEN + state money-transmitter regimes.

Status

Active, a leading US SMB AP/AR + embedded bill-pay platform [1, 2]:

  • Melio Payments Inc., CEO Matan Bar.
  • ~$4B valuation (2021).
  • Pay-any-vendor-by-card + embedded AP for partners like Intuit QuickBooks.
  • FinCEN + state money-transmitter regulated.

Sources

Source

Biography extracted from melio.md. See matrix.md for standards-support matrix if present.

source · docs/wallets/melio/index.md