Melio, a B2B payments platform focused on accounts payable and receivable for small and medium-sized businesses, raised $150 million in a Series E funding round led by Fiserv, with participation from Shopify Ventures and Capital One Ventures. Valued at $2 billion, the funding will accelerate Melio’s expansion through partnerships, including its ongoing collaboration with Fiserv, which integrates payment workflows to support cash flow management for over 3,500 financial institutions. The funds will help Melio continue to scale its platform.
Melio Raises $150 Million to Expand B2B Payments Partnerships
