Melio, an acquired New York–based fintech company, has raised $638 million in funding, achieving a $2 billion valuation as of October 2024. Founded in 2018 by Ziv Paz, Ilan Atias, and Matan Bar, Melio provides seamless accounts payable and vendor payment solutions. Its largest round, a $250 million Series D in September 2021, was led by Thrive Capital and General Catalyst. The company’s platform enables SMBs to pay invoices via bank transfers or cards while managing due dates, reminders, and accounting integrations to avoid late payments.