Melio Raises $150 Million To Expand B2B Payments Partnerships
Melio, a B2B payments platform, has secured $150 million in Series E funding led by Fiserv, with participation from Shopify Ventures and Capital One Ventures. The round values Melio at $2 billion, following a ten-fold revenue increase over three years. The funding will support partnership growth, building on their existing collaboration with Fiserv through CashFlow Central℠, which serves over 3,500 financial institutions. Melio's platform integrates cash flow management, accounts receivable, and accounts payable solutions for small and medium-sized businesses.
Melio, una piattaforma di pagamenti B2B, ha ottenuto 150 milioni di dollari in finanziamenti di Serie E guidati da Fiserv, con la partecipazione di Shopify Ventures e Capital One Ventures. Questo round valuta Melio 2 miliardi di dollari, dopo un incremento del fatturato dieci volte superiore in tre anni. I finanziamenti supporteranno la crescita delle partnership, facendo leva sulla loro collaborazione esistente con Fiserv tramite CashFlow Central℠, che serve oltre 3.500 istituzioni finanziarie. La piattaforma di Melio integra soluzioni per la gestione del flusso di cassa, contabilità da ricevere e contabilità da pagare per piccole e medie imprese.
Melio, una plataforma de pagos B2B, ha asegurado 150 millones de dólares en financiación de Serie E liderada por Fiserv, con la participación de Shopify Ventures y Capital One Ventures. Esta ronda valora a Melio en 2 mil millones de dólares, tras un aumento de ingresos diez veces mayor en tres años. La financiación apoyará el crecimiento de asociaciones, basándose en su colaboración existente con Fiserv a través de CashFlow Central℠, que sirve a más de 3.500 instituciones financieras. La plataforma de Melio integra la gestión del flujo de efectivo, cuentas por cobrar y soluciones de cuentas por pagar para pequeñas y medianas empresas.
멜리오(Melio)는 B2B 결제 플랫폼으로, 1억 5천만 달러의 E 시리즈 자금을 피서브(Fiserv)가 주도하여 확보했으며, 쇼피파이 벤처스(Shopify Ventures)와 캐피탈 원 벤처스(Capital One Ventures)가 참여했습니다. 이번 라운드는 멜리오의 가치를 20억 달러로 평가하며, 이는 3년 동안 매출이 10배 증가한 결과입니다. 이 자금은 파트너십 성장 지원을 위해 사용되며, 기존에 피서브와의 협업을 통해 CashFlow Central℠을 구축하는 데 기반을 둡니다. 멜리오의 플랫폼은 중소기업을 위한 현금 흐름 관리, 외상 매출 및 외상 비용 솔루션을 통합합니다.
Melio, une plateforme de paiements B2B, a sécurisé 150 millions de dollars lors d'un financement de série E dirigé par Fiserv, avec la participation de Shopify Ventures et Capital One Ventures. Ce tour de table valorise Melio à 2 milliards de dollars, suite à une multiplication par dix de ses revenus en trois ans. Ce financement soutiendra la croissance des partenariats, s'appuyant sur leur collaboration existante avec Fiserv via CashFlow Central℠, qui dessert plus de 3 500 institutions financières. La plateforme de Melio intègre des solutions de gestion des flux de trésorerie, de créances et de dettes pour les petites et moyennes entreprises.
Melio, eine B2B-Zahlungsplattform, hat 150 Millionen Dollar in einer Serie-E-Finanzierungsrunde unter der Leitung von Fiserv gesichert, wobei Shopify Ventures und Capital One Ventures beteiligt waren. Diese Runde bewertet Melio mit 2 Milliarden Dollar, nachdem der Umsatz in drei Jahren um das Zehnfache gestiegen ist. Die Finanzierung wird das Wachstum von Partnerschaften unterstützen und baut auf ihrer bestehenden Zusammenarbeit mit Fiserv über CashFlow Central℠ auf, das über 3.500 Finanzinstitute bedient. Die Plattform von Melio integriert Lösungen für das Cash-Management, Debitorenbuchhaltung und Kreditorenbuchhaltung für kleine und mittelständische Unternehmen.
- Secured $150 million in Series E funding
- Ten-fold revenue increase over past three years
- $2 billion company valuation
- Strategic partnership with Fiserv reaching 3,500+ financial institutions
- Expansion of customer base to include medium-sized businesses
- None.
Insights
The
For Fiserv investors, this strategic investment strengthens the company's SMB-focused offerings through CashFlow Central, potentially driving new revenue streams and deeper client relationships. The move aligns with the broader industry trend of traditional financial institutions seeking to modernize their B2B payment capabilities to compete with fintech disruptors.
This deal positions Fiserv strategically in the rapidly growing B2B payments space, which has seen accelerated digital transformation post-pandemic. By integrating Melio's modern payment workflows with Fiserv's established payment infrastructure, the partnership addresses a critical market need for streamlined business payment solutions. The investment should help Fiserv capture a larger share of the SMB market, where traditional banks often struggle to provide efficient digital payment solutions.
The participation of Shopify Ventures suggests potential future e-commerce integrations, which could expand the addressable market and create additional revenue opportunities for both companies.
Fiserv, Inc. Leads Latest Strategic Round
Shopify Ventures And Capital One Ventures Also Participate
The Series E round, which valued Melio at
Accel, Bessemer, Coatue, Frontline Ventures, General Catalyst, Latitude and Thrive Capital also participated in the latest funding round.
Melio’s platform integrates cash flow management, accounts receivable and accounts payable solutions to help small and medium-sized businesses - and their accountants - maximize cash flow and save significant time managing their payment operations.
Fiserv and Melio launched a partnership last year, combining Melio’s accounts payable and receivable workflows with the market-leading payment capabilities and biller and merchant network from Fiserv. The solution, CashFlow CentralSM allows the more than 3,500 financial institution clients of Fiserv to better meet the payment operations and cash flow needs of their small and medium-sized business clients and members.
“We’re proud to witness our embedded solution helping our partners better service their business clients, leading to increased deposits, higher engagement and creating new revenue streams,” said Melio CEO and co-founder Matan Bar.
“Through our partnership with Melio, CashFlow Central is designed to create significant value for financial institutions and their business clients or members,” said John Gibbons, Head of Financial Institutions Group at Fiserv. “We are excited to leverage our unique position at the intersection of financial institutions and businesses to deliver a comprehensive, integrated experience that enables our clients to compete and grow their portfolios with this important segment of their communities.”
About Melio:
Melio is a leading accounts payable and receivable platform that enables small and medium-sized businesses to quickly and seamlessly send and receive payments, helping them optimize cash flow and save time with their workflow. Melio offers accounts payable and receivable as a service through integrations with financial institutions, e-commerce platforms, SaaS providers and marketplaces, transforming how money is transferred between businesses. Melio also provides a standalone solution for accounting firms and small to medium-sized businesses (SMBs) through its website, melio.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241031916261/en/
Propel Strategic Communications
DeeDee Rudenstein, 267-521-9654
drudenstein@propelsc.com
Source: Melio
FAQ
How much did Melio raise in their Series E funding round led by Fiserv (FI)?
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