Melio raises $144 million.

Israeli company Melio that provides B2B digital payments raised a total of $144 million. Since its foundation Melio has attracted Accel, Aleph, Bessemer Venture Partners, Coatue Management, General Catalyst, LocalGlobe, Corner Ventures and American Express Ventures as investors. The company uses funds received in investment rounds to accelerate its growth and attract more customers. Melio was founded in 2018 by Matan Bar, Ilan Atias and Ziv Paz and has offices in Tel Aviv and New York. The main purpose of Melio is to help small businesses in managing digital payments of their vendors.