The FinTech Breakthrough Awards program named Melio “Best B2B Payment Platform”
Melios Rapid scaling of embedded software and payment capabilities proven to keep small businesses in business
NEW YORK, March 23, 2023 /PRNewswire/ — Melioa leading B2B payment platform for small businesses, has been selected as the winner of the “Best B2B Payment Platform” award in the 7th annual FinTech Breakthrough Awards program conducted by FinTech breakthroughan independent market intelligence organization that recognizes the best companies, technologies and products in the global fintech market.
“Melio is honored to be recognized by the FinTech Breakthrough Awards as a leading B2B payment platform,” said Melio Chief Business Officer Prashant Gandhi. “Small businesses have three pain points – manual back-office work, cash flow crisis and limited time to learn technologies. I am very proud of our team for building a solution that solves these problems. We are also grateful to the financial institutions, software vendors and buyers which embeds Melio into their digital interface, allowing small business customers to enjoy a completely natural B2B payment experience in their platform of choice.”
Melio offers an integrated payment solution that allows small businesses to quickly and seamlessly pay suppliers and get paid – helping with cash flow needs, eliminating late payment costs and giving businesses back valuable time. Melio’s payment infrastructure is designed to be embedded in other platforms, allowing customers to reap the benefits of its cutting-edge technology without leaving their platform of choice.
“While small business owners enjoy the benefits of being their own boss, setting their own hours and doing what they love, they also typically face limited resources, a lack of capital and competition from more established companies. Add keeping track of bills and payments to the mix and the result is usually a big problem,” said James Johnson, CEO, FinTech Breakthrough. “The flexibility and simplicity offered by Melio’s cutting-edge payment platform is extremely valuable for small businesses, which do not employ large finance teams or CFOs to manage their billing. We are delighted to congratulate the Melio team for being our top B2B payment platform for 2023″ award winner!”
The FinTech Breakthrough Awards is the premier awards program founded to recognize fintech innovators, leaders and visionaries from around the world in a range of categories including digital banking, personal finance, lending, payments, investments, RegTech, InsurTech and many more. The 2023 FinTech Breakthrough Award program attracted more than 4,000 nominations from around the world.
In addition to the FinTech Breakthrough Award, Melio has recently been recognized by CB Insights’ Fintech 250, Financial Technology Report’s Top 100 Financial Technology Companies, and by Forbes’ Fintech 50 as a leading B2B payments company.
About Melio:
Melio is a leading B2B payment technology company that enables small and medium-sized businesses to quickly and seamlessly transfer and receive payments, helping them improve cash flow and workflow. As one of the fastest growing B2B payment solutions in the United States, Melio transforms how money moves between businesses. It serves financial institutions and software companies that want to offer accounts payable and receivable products to small business customers. Melio was founded in 2018, with headquarters in New Yorkan R&D center i Tel Avivand the western United States headquarters in Colorado.
About FinTech Breakthrough
Portion of Technical breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership worldwide, the FinTech Breakthrough Awards program is dedicated to honoring excellence in financial technologies and services, companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including payments, personal finance, wealth management, fraud protection, banking, lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.
SOURCE Melio
