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Melio is a fintech company based in New York that offers a digital platform for businesses to manage their accounts payable and receivables. The platform allows businesses to pay vendors, suppliers, and contractors in a variety of ways, including bank transfers, debit cards, and credit cards. Melio also offers features such as setting up recurring payments and tracking spending. The company was founded in 2018 and is owned by Matan Bar, Ilan Atias, and Ziv Paz. Melio is a free service for businesses and aims to maximize cash flow while minimizing busywork. Payments are usually processed within a day, and the company operates in both New York and Tel Aviv.
