Melio
About
Melio is a business payment platform that enables companies to pay vendors, contractors, and business bills via credit card or bank transfer, and to send and receive invoices online. The platform offers accounts payable and receivable management, expense tracking, international payments, and integrations with accounting software like QuickBooks, Xero, and NetSuite. Melio serves small businesses, midsize companies, multi-entity organizations, accounting firms, and high-volume businesses.
Details
Website
meliopayments.comOfferings
22 active
VenSearch Intelligence
Ideal Customer
- Melio's primary sweet spot is U.S.-based small and medium-sized businesses (SMBs), particularly owner-operated shops, lean teams, and businesses with under $40M in annual revenue that need streamlined vendor payments without the complexity of enterprise AP systems.
- The platform also strongly targets accounting firms and bookkeepers managing multiple small business clients, with tailored multi-client dashboards and a dedicated Partner Program.
Key Differentiators
- Melio differentiates itself primarily through its free entry-level tier (the 'Go' plan), which includes free ACH transfers and unlimited users — a stark contrast to competitors like BILL, which starts at $45/user/month.
- Melio positions itself as faster and more flexible, with ACH arriving in 3 business days vs. 4–5 for BILL, and checks in 5 days vs. 8–10 for competitors.
Industries Served
- Melio serves a broad range of industries, with particular depth in retail, food and beverage, construction/contractors, healthcare, professional services (legal, accounting, consulting), manufacturing, nonprofits, property management, real estate, logistics, and wholesale/distribution.
- The platform has notable specialization in serving accounting firms and bookkeepers who manage multiple SMB clients, as well as wealth management professionals handling bill payments for trusts and family offices.
Service Coverage
- Melio is a U.S.-based platform, with its primary customer base being domestic American businesses — approximately 92% of its users are located in the United States.
- The platform operates nationwide, with offices in New York (HQ), Denver, and Tel Aviv, Israel.
Partnerships
- Melio integrates natively with QuickBooks Online, QuickBooks Desktop, Xero, and NetSuite via two-way sync, and also integrates with Meta and Amazon Business.
- Notable embedded partnership relationships include Shopify, Capital One, Fiserv, Gusto, Amazon, and Clover, for whom Melio provides white-labeled embedded AP/AR payment capabilities.
Company Size & Ownership
- Melio was founded in 2018 by Matan Bar (CEO), Ilan Atias (CTO), and Ziv Paz, and is headquartered in New York, NY with offices in Denver, CO and Tel Aviv, Israel.
- The company employs approximately 600–700 people and reported approximately $157M in ARR as of late 2024 and $153M in revenue for the fiscal year ending March 2025, having grown at a 127% CAGR from FY2021–FY2025.
Compliance & Certifications
- Melio holds SOC 2 Type II certification through annual audits verifying its security controls, as well as ISO/IEC 27001:2022 (Information Security Management), ISO/IEC 27017:2015 (Cloud Security), and ISO/IEC 27018:2019 (Cloud Privacy).
- The platform is fully PCI-DSS compliant and uses a Level 1 certified third-party card processor (Tabapay), the highest tier of PCI certification.
Compiled from public sources by VenSearch · Last researched October 14, 2026
Offerings
22 offeringsAccounting Firms
A tailored solution for accounting firms that provides smart automation tools and flexible plans to manage client finances. Firms can stay on top of client payments and in control with tools designed for managing multiple clients in one place.
Accounts Payable
A software platform that allows businesses to pay vendors, contractors, and any business bill. It includes streamlined workflows, automated tasks, and powerful cash flow management capabilities all in one platform.
Accounts Receivable
A software tool that enables businesses to send invoices and receive payments online. Users can set up an account in under 2 minutes and start accepting online payments, with the feature included free in every plan.
ACH Bank Transfers
A payment capability that allows businesses to pay vendors online using bank transfers. It provides a digital alternative to checks and cash for vendor payments.
AI Assistant
An AI-powered assistant called Agent Mel that provides fast answers about bills, payments, and vendors. It streamlines bill entry and automates workflows and approvals using AI-powered payment tools.
Approval Workflows
A team management capability that allows businesses to share payment responsibilities while maintaining control. Users can add team members, assign operational tasks, and determine user roles and permissions for better oversight.
B2B Payouts API
An API offering that allows partner companies to build on Melio's payment rails with a B2B payout API. It enables developers and businesses to integrate Melio's payment infrastructure into their own applications.
Easy Bill Capture
An automation feature that saves time by automating the bill pay process. Bills can be added by camera upload, email sync, or manual entry, with Melio extracting key details instantly and accurately using AI.
Embedded Partnerships
A partnership offering that allows other companies to embed Melio's payment capabilities directly into their own products. It is designed for businesses that want to add bill pay functionality to their existing platforms.
Expense Management
A software feature that allows businesses to manage expenses and capture receipts in real time. It helps businesses stay organized and track spending as it happens.
Fast Payments
A payment speed option that allows businesses to expedite payments to local and global vendors, including fast ACH and card payments. Vendors can receive funds in minutes through this expedited delivery option.
International Payments
A capability that enables businesses to pay vendors and suppliers around the world in their preferred currency. It offers competitive exchange rates, transparent fees, and allows domestic and global payments to be managed in one place, with international payments services provided by Wise US Inc.
Melio Academy
A knowledge hub designed for both businesses and accountants to learn about Melio and business payment practices. It serves as an educational resource for users of the platform.
Melio's Network
A directory feature that gives businesses access to a local and nationwide vendor directory. It helps businesses find and connect with vendors for payment purposes.
Mobile App
A mobile application that allows businesses to send and receive payments on the go. Users can make, track, and approve payments directly from the app even when away from their computer.
Partner Program
A program for accountants where recognition meets growth and benefits. It includes a referral component where accountants can earn $300 for every client they add to Melio.
Pay By Card
A capability that lets businesses use their credit card to pay vendors and business bills, even where cards are not normally accepted. It allows businesses to get vendors paid on time while holding onto cash for longer.
Pay Over Time
A financing capability that allows businesses to pay their business bills in up to 12 monthly installments while vendors get paid on time. It is subject to eligibility and approval, with loans made by Lead Bank.
Payment Link
A receivables feature that lets businesses create custom payment links in under 2 minutes to get paid easily. Payments can be accepted by ACH or card, and businesses can choose who pays the card fees.
Team Management
A feature for accounting firms that enables delegation of tasks with confidence and control. Firms can assign responsibilities to team members while maintaining oversight of client payment activities.
W-9s and 1099s
A tax form management capability that allows businesses to collect W-9 forms from contractors directly via Melio and sync 1099 data to tax1099.com for end-of-year filing. All tax forms are managed in one place within the platform.
Wealth Management
A bill pay solution designed specifically for trusts, family offices, and their advisors. It allows wealth management professionals to handle bill payments on behalf of their clients through the Melio platform.
Considering Melio?
Our team will work with you to determine if Melio is the right fit for your organization. From research and assessment through procurement negotiation and ongoing vendor management — we handle the entire process at no cost to you.