# Melio

> Melio is a New York-based business payments company serving US small and midsize businesses and their accountants. It combines bill capture, payment scheduling, approval workflows, vendor payments, invoicing and accounting integrations. Businesses can fund eligible payments by card while vendors receive bank transfers or checks. Xero acquired Melio in October 2025 for $2.5 billion upfront, with additional contingent consideration and incentives.

- **Founded:** 2018
- **Headquarters:** New York, United States
- **Founders:** Matan Bar (Co-founder and CEO; Xero US CEO following acquisition), Ilan Atias (Co-founder and CTO), Ziv Paz (Co-founder and former COO)
- **Products:** Melio Pay, Melio Get Paid, Melio for accounting firms, Embedded AP and AR, Agent Mel
- **Notable:** Completed sale to Xero in October 2025 for US$2.5 billion upfront., Processed approximately US$30 billion in payments in the year ended 31 March 2025, according to Xero’s acquisition announcement., Named to the 2024 Forbes Cloud 100.

## Products & services

- **Melio Pay** — Accounts payable software for bill capture, scheduling, approvals and vendor payments by bank transfer, card, check and wire; supports eligible international payments.
- **Melio Get Paid** — Accounts receivable tools for creating and tracking invoices and collecting payments through payment links. Included in all standard plans; transaction fees can apply.
- **Melio for accounting firms** — Multi-client payment management, accounting integrations, approval controls and an Accounting Partner Program.
- **Embedded AP and AR** — Partner-facing payment capabilities integrated into software, commerce and financial institution platforms.
- **Agent Mel** — Conversational assistant for questions about bills, vendors, payment history and product use.
- **Agent-powered payment network** — Agents execute eligible payments inside supplier billing and receivables systems and return structured remittance data.
- **Melio Expense Management** — Tracks existing business card expenses, requests receipts by SMS or email, extracts and categorizes details and syncs to accounting software.
- **Pay Over Time** — Eligible businesses can finance bill payments through lending partners, subject to approval and fees.

## Achievements

- Completed sale to Xero in October 2025 for US$2.5 billion upfront.
- Processed approximately US$30 billion in payments in the year ended 31 March 2025, according to Xero’s acquisition announcement.
- Named to the 2024 Forbes Cloud 100.
- Agent-powered payment network had processed more than 30,000 payments at its June 2026 announcement, according to Melio.

## Latest updates

- **2026-08** — Launched Expense Management on August 17, allowing receipt collection and categorization around customers’ existing business cards.
- **2026-06** — Announced an agent-powered payment network on June 17; reported more than 30,000 payments and over US$100 million in annualized payment volume.
- **2026-05** — Xero reported 58% pro forma Melio revenue growth for FY26 in its annual results presentation.
- **2026-03** — Xero announced US online bill payments powered by Melio on March 23.
- **2026-01** — Launched Agent Mel on January 28.
- **2025-10** — Xero completed its Melio acquisition on October 15.

## Links

- Website: https://melio.com/
- LinkedIn: https://www.linkedin.com/company/meliopayments/
- Twitter/X: https://x.com/MelioPayments
- GitHub: https://github.com/melio
- YouTube: https://www.youtube.com/@meliopayments
- Instagram: https://www.instagram.com/meliopayments/
- Facebook: https://www.facebook.com/meliopayments/

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Profile page: https://yespress.io/melio
Published by YesPress — https://yespress.io
Last updated: 2026-10-21