Melio Recognized As Best U.S. SMB Payment Solutions Platform

Melio, a leading accounts payable and receivable platform, announced today that it won Wealth & Finance International Magazine’s 2025 FinTech Award for the best SMB Payment Solutions Platform in the U.S.

Wealth & Finance International Magazine’s FinTech Awards were launched to recognize companies that are redefining finance and banking for the modern age, and for the ever-changing modern consumer. The awards were given to a variety of fintech companies in the following areas: tokenization, AI-powered platforms, investment insights, successful financial services, and others that add value to a network of financial industry players.

“After connecting with so many pioneering providers of solutions, tools, and services which help the FinTech space – and its clients – to thrive, I can say that the industry is in good hands. Congratulations on your awards, they are well-deserved,” said Kaven Cooper, Wealth & Finance International Magazine’s award coordinator.

Melio is a business payments platform that helps small and medium-sized businesses (SMBs) control their cash flow and streamline payments for better financial management. Melio also powers embedded B2B payments for financial institutions, SaaS providers, and marketplaces, transforming how businesses move money. In addition, Melio provides a dedicated solution for finance teams and accounting firms, equipping them with the tools to boost efficiency, manage approvals, and drive better financial decisions. In June, Melio agreed to be acquired by Xero, a global small business platform.

“We are proud to be recognized for our achievements in automating accounts payable and receivable for small and mid-size businesses and their advisors and accountants,” said Matan Bar, co-founder & Chief Executive Officer at Melio. “We are dedicated to creating financial solutions that enable businesses of all sizes to pay and get paid with ease and efficiency.”

About Melio

Melio serves U.S. SMBs and accounting firms with accounts payable, receivable, and cash flow management solutions. Founded in 2018, Melio has scaled rapidly to serve over 80,000 customers. Melio's leading platform integrates with and maintains partnerships with financial institutions, allowing businesses to sync payment data and avoid manual entry. Melio also acts as a technology service provider for vertical SaaS platforms and financial institutions, including Capital One and Shopify, and distribution partners, including Fiserv through a syndication model. This enables Melio to potentially reach millions of small businesses to provide embedded accounts payable and receivable products.

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