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Melio Scores $150 Million in Strategic Funding

2024-11-01
NEW YORK, NY, Melio, a leading accounts payable and receivable platform for small and medium businesses, announced it has raised an additional $150 million in a strategic funding.
Melio, a leading accounts payable and receivable platform for small and medium businesses, announced it has raised an additional $150 million in a strategic funding round led by Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions. Shopify Ventures and Capital One Ventures also participated in the funding round, which will help fuel the company's growth through partnerships. Accel, Bessemer, Coatue, Frontline Ventures, General Catalyst, Latitude and Thrive Capital also participated in the latest funding round.
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