Melio

Digital B2B payments platform for small and medium businesses.

Fintech & Insurtech
Acquired by Xero
Acquired New York, United States Founded 2018
Last updated 2026-06-18
Total raised
$654.0M
Last: Series E 2024-10
Stage
Acquired
Founded
2018
Headcount
500+
HQ
New York, United States
Sector
Fintech & Insurtech

About

Melio provides a digital B2B payment platform designed to simplify accounts payable and receivable for small and medium businesses. Its integrated dashboard allows businesses to transfer and receive payments quickly and easily, offering control over cash flow, reducing late payment costs, and saving time. Melio also partners with financial institutions and software providers to embed its solutions directly into their platforms.

Funding history · 6 rounds · $654.0M total

2024-10
Series E $150.0M
★ FiservAccelThrive CapitalCoatueCapital One VenturesBessemer Venture PartnersGeneral CatalystLatitude VenturesShopify VenturesFrontline Ventures
2021-09
Series D $250.0M
★ General Catalyst★ Thrive CapitalCorner VenturesBessemer Venture PartnersCoatueTiger Global ManagementAccelLatitude Ventures
2021-01
Series C $110.0M
★ CoatueAlephBessemer Venture PartnersLatitude VenturesGeneral CatalystAmerican Express VenturesSalesforce VenturesAccelCorner VenturesLocalGlobe
2020-09
Series C $80.0M
★ Coatue★ General CatalystCorner Ventures
2020-03
Series B $48.0M
★ AccelAmerican Express Ventures
2019-01
Seed $16.0M
AlephBessemer Venture Partners

Q&A

What is Melio's primary business?
Melio provides a digital B2B payment platform designed to simplify accounts payable and receivable for small and medium businesses.
When was Melio founded and where is its headquarters located?
Melio was founded in January 2018 and is headquartered in New York, United States.
What was Melio's most recent funding round?
Melio completed a Series E funding round in October 2024, raising $150,000,000. Fiserv was a lead investor in this round.
What is Melio's total funding raised to date?
Melio has raised a total of $654,000,000 USD across all funding rounds.
Who are the co-founders of Melio?
The co-founders of Melio are Matan Bar, Ilan Atias, and Ziv Paz.
What is the status of Melio as of October 2025?
Melio was acquired by Xero in October 2025 for $2,500,000,000.
Which investors participated in Melio's Series D funding round?
The Series D funding round in September 2021 included lead investors General Catalyst.

Team · 11

Founder · Co-founder & CEO
LinkedIn ↗
Founder · Co-founder & CTO
LinkedIn ↗
Founder · Co-founder
LinkedIn ↗
Tomer Barel
President & Chief Operating Officer
LinkedIn ↗
Sharon Bachar
Chief People Officer
LinkedIn ↗
Jonathan Polk
General Counsel and Chief Compliance Officer
LinkedIn ↗
Prashant Gandhi
Chief Business Officer
LinkedIn ↗
Boaz Ben-David
CFO
Omer Baki
VP, Engineering - Payments, Data-Infra and Risk & Compliance
Or Cohen
VP, Architecture
Ken Chenault
Board Observer

Sectors & technology

Primary sector
Fintech & Insurtech
Technologies
Target customers
Business model
B2B

Tags

unicorn-2021fintechb2b-paymentsaccounts-payableaccounts-receivablesmall-businesssme
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitemeliopayments.com
LinkedInlinkedin.com/company/meliopayments/
X / Twittertwitter.com/meliopayments
Facebookfacebook.com/meliopayments/
Instagraminstagram.com/meliopayments/

Identifiers & details

Legal nameMelio Payments Inc.
Founded2018-1
Employees (exact)697

Acquisitions & public offerings

Acquired by Xero 2025-10 $2.5B

Radar intelligence

Open jobs — greenhouse

Total open16
Remote0
By departmentEngineering (6), Business Development (1), Sales (4), Risk (1), Growth (1), Finance (1), Customer Success (1), Design (1)
By locationTel Aviv-Yafo, Tel Aviv District, Israel (1), Tel Aviv (7), New York City (8)
TitleLocationDepartment
Senior Data Scientist Tel Aviv-Yafo, Tel Aviv District, IsraelEngineering
Data Scientist Tel AvivEngineering
Partnerships & Go-To-Market AssociateNew York CityBusiness Development
Sales Development RepresentativeNew York CitySales
Engineering Manager, AI Platform EnablementTel AvivEngineering
TMS Analyst Tel AvivRisk
Senior Marketing Manager (12 month Contract-to-Hire)New York CityGrowth
Senior FP&A AnalystTel AvivFinance
Senior Account Executive, Strategic Partnerships & AffiliatesNew York CitySales
Senior Full Stack EngineerTel AvivEngineering
Senior Technical Services EngineerTel AvivEngineering
Senior Account Executive - UHV PayorsNew York CitySales

Patents

EPO76

Publications (Crossref)

Works1

GitHub

Top reposnACH2, .github

App Store

AppRatingRatings
Melio Business Payments4.60511

Web history (Wayback)

Domainmeliopayments.com

Certificate / subdomain footprint

Subdomains200