Last updated 2026-09-04
- Acquired by Xero for $2.5B, Jun 2025
- Raised $150M Series E led by Fiserv, Oct 2024
- Raised $250M Series D led by Thrive Capital, Sep 2021
Total raised
$668.0M
Last: E Round 2024-10
Stage
Acquired
Founded
2018
Headcount
698
HQ
New York, United States
Sector
Fintech
About
Melio provides businesses with a digital platform to manage B2B payments and accounts receivables. It offers an integrated solution that enables businesses to make and receive payments efficiently to address cash flow needs, reducing late payment fees, and minimizing time spent on administrative tasks. The platform offers tools for paying vendors, sending invoices, and managing business finances, including mobile access, bank transfers, and card payment options. Melio also facilitates approval workflows, bill capture, and tax form management, and provides international payment capabilities. The company also offers an AI-powered assistant called Agent Mel to streamline workflows and provide insights.
Funding history · 5 rounds · $668.0M total
5 events/rounds · $668.0M Total Funding: $668.0M in Private Equity
Oct 2024
★ Fiserv★ Shopify Ventures★ Capital One VenturesAccelCoatueShopifyBessemerLatitudeCapital OneThrive CapitalGeneral CatalystFrontline Ventures
Sep 2021
Jan 2021
Aug 2020
Headcount over time
698 employees (2026-09) · 1 point
Offices
New York, United States · HQ / main office
Q&A
- What is Melio's current status and who acquired it?
- Melio was acquired by Xero in June 2025 for $2.5 billion.
- When was Melio's most recent funding round and who led it?
- Melio completed an E Round in October 2024, raising $150 million at a $2 billion valuation. This round was led by Fiserv.
- How many employees does Melio currently have?
- Melio has 686 employees, falling within the 501-1000 employees bucket.
- Who are the co-founders of Melio?
- Melio was co-founded by Matan Bar (CEO), Ilan Atias (CTO), and Ziv Paz.
- What was the amount and lead investors for Melio's Series D round?
- Melio raised $250 million in its D Round in September 2021, with General Catalyst and Thrive Capital as lead investors.
- When did Melio appoint its current President & Chief Operating Officer?
- Tomer Barel was appointed President & Chief Operating Officer of Melio in February 2022.
- What is Melio's primary business focus?
- Melio provides a digital platform for small and medium businesses to manage B2B payments and accounts receivables.
- Did Melio have any layoffs recently?
- In March 2024, Melio laid off 7% of its workforce.
Team · 7
Matan Bar
Founder · Co-Founder & CEO
Ilan Atias
Founder · Co-Founder & CTO
Ziv Paz
Founder · Co-Founder
Tomer Barel
President & COO
Sharon Bachar
Chief People Officer
Prashant Gandhi
Chief Business Officer
Jonathan Polk
General Counsel and Chief Compliance Officer
Sectors & technology
Primary sector
Fintech
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
| Website | meliopayments.com |
|---|---|
| linkedin.com/company/meliopayments/ | |
| X / Twitter | twitter.com/meliopayments |
| facebook.com/meliopayments/ | |
| instagram.com/meliopayments/ |
Identifiers & details
| Legal name | Melio Payments Inc. |
|---|---|
| Founded | 2018 |
| Employees (exact) | 698 |
Acquisitions & public offerings
Acquired by Xero 2025-06 $2.5B
Radar intelligence
Open jobs — greenhouse
| Total open | 23 |
|---|---|
| Remote | 4 |
| By department | Product Management (1), Other (1), Design (1), Risk (1), Engineering (7), Payments (1), Finance (1), Business Development (1), Sales (7), Customer Success (2) |
| By location | New York City (12), Tel Aviv (5), Denver (1), Remote, US (4), Tel Aviv-Yafo, Tel Aviv District, Israel (1) |
| Title | Location | Department |
|---|---|---|
| Senior Product Manager | New York City | Product Management |
| Program Manager | Tel Aviv | Other |
| Senior Product Designer | New York City | Design |
| Risk Operations Specialist | Denver | Risk |
| Engineering Manager, AP | Tel Aviv | Engineering |
| Senior Accountant | New York City | Payments |
| Senior FP&A Analyst | New York City | Finance |
| Full Stack Engineer | New York City | Engineering |
| Payment Partnerships Manager | New York City | Business Development |
| Sales Development Representative, Network | New York City | Sales |
| Senior Account Executive, Strategic Partnerships & Affiliates | Remote, US | Sales |
| Senior Account Executive - UHV Payors | Remote, US | Sales |
Patents
| EPO | 77 |
|---|
Publications (Crossref)
| Works | 1 |
|---|
GitHub
| Top repos | nACH2, .github |
|---|
App Store
| App | Rating | Ratings |
|---|---|---|
| Melio Business Payments | 4.61453 |
Web history (Wayback)
| Domain | meliopayments.com |
|---|
Certificate / subdomain footprint
| Subdomains | 200 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515790293 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2018-02-01 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 14 — people (2), shares_capital (5), merger (1), charge (2), annual_report (3), other (1) |
| Registered address | הארבעה 28 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2025-10-27 | עדכון דירקטורים-הסרת דירקטור |
| 2025-10-27 | עדכון דירקטורים-הוספת דירקטור |
| 2026-01-27 | שינוי בהרכב הון - מניות-שינוי ערך נקוב |
| 2026-01-26 | הגדלה של הון רשום |
| 2026-01-26 | הקצאת מניות |
| 2026-01-25 | שינוי בהרכב הון - מניות-שינוי סוג מניה |
| 2025-09-17 | מיזוג מרצון חברה קולטת |
| 2026-04-13 | סילוק שעבוד |
| 2025-12-09 | דו~ח שנתי-עדכון בעלי מניות |
| 2026-01-06 | סילוק שעבוד |
| 2026-02-03 | שינוי בתקנון |
| 2026-02-03 | שינוי בהרכב הון - מניות-הפחתת הון מוקצה |
| 2026-02-01 | דו~ח שנתי-הפחתת הון מוקצה |
| 2026-02-01 | דו~ח שנתי-הקצאת מניות |