ICT

Melio

Company Profile Analysis

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Melio - ICT showcase

Year Founded & Workforce

2017-12-31

540 Employees

Industry

ICT

Services

M

Melio Overview

Company Headquarters: US

Founded: 2018

Workforce: ~540

Company Working: Melio is a digital payments platform provider for B2B customer across the globe. The company offers pay, get paid, payment link, and payment pricing products to different industries including food & beverages, construction, logistics, wine & spirits, retail, and non-profit organizations globally. Melio provides easy bill payments, international payments, multiple payments methods, and advance payment option platforms for their consumers

Strategy

Melio follows growth strategies with high investments in its R&D, it continuously expands its product portfolio, which supports its market growth. The company also focuses on enhancing its capabilities and strategic partnerships to strengthen its expertise in technology. Recently the company has raised a funds of around USD 260 million to accelerate the company's growth by forming alliances with prominent financial institutions, software suppliers, and marketplaces interested in facilitating B2B payments for their clients.

Company Snapshot

540

Employees

2017-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Strong R&D investments
  • Huge product portfolio
  • Strong customer reach

Weaknesses

  • Strategies limited to US region small business

Threats

  • Unfavorable impact of currency fluctuations

Key Developments

DateApproachDevelopment
January 2023Product LaunchMelio, launched its latest connection with Xero, a cloud-based financial management platform. This helps Melio's consumers to seamlessly sync their accounts receivable and payable records using Xero platform, reducing time spent on bill payment, enabling reconciliation quicker, and providing improved visibility into incoming payments as a result of this integration..
July 2022PartnershipMelio, partnered with Capital One Business, to launch a fully automated accounts payable platform. This partnership allows Capital One small company cardholders to make payments to their suppliers and vendors straight from their Capital One's company account, even though they do not take credit cards.
May 2022Product LaunchMelio, launched a international payments platform, allowing small businesses of the US to easily make payments internationally and enhance supply chain resilience. Melio clients are able to pay vendors in over 70 countries, especially major import markets.
September 2021ExpansionMelio, raised USD 250 million fund used to accelerate the company's growth by forming alliances with prominent financial institutions, software suppliers, and marketplaces interested in facilitating B2B payments for their clients.

Product Offering

  • Melio
    • Global Digital Payment Market

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Melio as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

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