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Melio Alternatives & Competitors

The closest alternatives to Melio are Scalable Capital, Apex Fintech Solutions and FamPay. Melio generates $157.2M in revenue with 623 employees. Every one of the 20 alternatives below is compared with Melio on revenue, funding, customers, team size and founding year.

Melio at a glance

Revenue
$157.2M
Valuation
$4B
Funding
$250M
Customers
119K
Team size
623
Founded
2018

Melio vs its top alternatives

Melio is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.

Melio compared with its top alternatives on revenue, funding, customers and team size
CompanyMelio logoMelioThis companyScalable Capital logoScalable CapitalApex Fintech Solutions logoApex Fintech SolutionsFamPay logoFamPayUpstox logoUpstoxKonfio logoKonfioKonfio logoKonfioAjaib logoAjaibClip logoClipClip logoClip
Revenue$157.2M$157M$157.5M$159.5M$151M$150M$150M$142.1M$173M$173M
Valuation$4BNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Funding raised$250M$180MNot disclosedNot disclosedNot disclosed$253M$253M$243M$150M$150M
Customers119KNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Team size6237658531.1K2.1K1K1K7841.2K1.2K
Founded2018201420122019200920132013201920122012
HQNew York, United StatesGermanyUnited StatesIndiaIndiaMexicoMexicoIndonesiaMexicoMexico

Top Financial Services Software companies similar to Melio

Upstox logo

4. Upstox

India · Financial Services Software

Upstox is an online investment brand of RKSV Securities, and a SEBI registered financial service provider, focused on making financial investing simple, fair, and accessible for all Indian investors. It operates as a…

Upstox revenue & fundingMelio vs Upstox

Revenue
$151M
Team size
2.1K
Konfio logo

5. Konfio

Mexico · Financial Services Software

Konfio is a financial services platform for small and medium businesses in Mexico that offers corporate credit cards, working capital loans, and payment solutions through a digital platform.

Konfio revenue & fundingMelio vs Konfio

Revenue
$150M
Funding
$253M
Team size
1K
Konfio logo

6. Konfio

Mexico · Financial Services Software

Konfio is a financial services platform for small and medium businesses in Mexico that offers corporate credit cards, working capital loans, and payment solutions through a digital platform.

Konfio revenue & fundingMelio vs Konfio

Revenue
$150M
Funding
$253M
Team size
1K
Ajaib logo

7. Ajaib

Indonesia · Financial Services Software

Founded in 2019, Ajaib is a rapidly growing investment platform in Indonesia. It offers financial technology services such as stock trading, mutual funds, and coins. The simplicity of investing through Ajaib inspired…

Ajaib revenue & fundingMelio vs Ajaib

Revenue
$142.1M
Funding
$243M
Team size
784
Clip logo

8. Clip

Mexico · Financial Services Software

Clip is primarily focused on financial software. It has established itself as a significant player in the financial technology sector.

Clip revenue & fundingMelio vs Clip

Revenue
$173M
Funding
$150M
Team size
1.2K
Clip logo

9. Clip

Mexico · Financial Services Software

Clip is primarily focused on financial software. It has established itself as a significant player in the financial technology sector.

Clip revenue & fundingMelio vs Clip

Revenue
$173M
Funding
$150M
Team size
1.2K
Clip logo

10. Clip

Mexico · Financial Services Software

Clip is primarily focused on financial software. It has established itself as a significant player in the financial technology sector.

Clip revenue & fundingMelio vs Clip

Revenue
$173M
Funding
$150M
Team size
1.2K
Ascend Money logo

11. Ascend Money

Thailand · Financial Services Software

Ascend Money is a leading Southeast Asian fintech company providing innovative payment and financial services across 7 countries (Thailand, Cambodia, Myanmar, Vietnam, Philippines, Indonesia, and Malaysia). Established…

Ascend Money revenue & fundingMelio vs Ascend Money

Revenue
$174M
Funding
$150M
Team size
1.4K
OneCard logo

12. OneCard

India · Financial Services Software

OneCard is a mobile-first credit card platform that enables users to manage credit cards issued by RBI-approved banks and financial institutions, allowing for end-to-end management and control over credit options.

OneCard revenue & fundingMelio vs OneCard

Revenue
$177M
Funding
$128.5M
Team size
954
Solaris logo

13. Solaris

Germany · Financial Services Software

Solaris SE (formerly Solarisbank AG) is a credit institution licensed in Germany with a full banking license, operating as a Banking-as-a-Service platform, enabling businesses to offer financial products and services…

Solaris revenue & fundingMelio vs Solaris

Revenue
$137M
Funding
$348.1M
Team size
615
Paxos logo

14. Paxos

United States · Financial Services Software

Paxos uses blockchain to build financial infrastructure, is a regulated financial institution, and is licensed as a major payments institution.

Paxos revenue & fundingMelio vs Paxos

Revenue
$180M
Funding
$507M
Team size
306
ezCater logo

15. ezCater

United States · Financial Services Software

ezCater is an online marketplace for business catering, connecting companies with local restaurants and caterers across the United States.

ezCater revenue & fundingMelio vs ezCater

Revenue
$181.5M
Funding
$250M
Team size
932
Basware logo

16. Basware

United States · Financial Services Software

Basware is how finance leaders in global enterprises can finally automate their complex, labor-intensive invoice processes. Our AP automation and invoicing platform helps you achieve a new level of efficiency, in a…

Basware revenue & fundingMelio vs Basware

Revenue
$181.6M
Team size
1.7K
Lunar logo

17. Lunar

Denmark · Financial Services Software

Lunar is a digital challenger bank dedicated to simplifying and enriching people’s financial lives by creating the best everyday bank in the Nordics. Founded in Aarhus, Denmark we received our banking license in 2019…

Lunar revenue & fundingMelio vs Lunar

Revenue
$132M
Funding
$315M
Team size
569
AffiniPay logo

18. AffiniPay

United States · Financial Services Software

Professional-services payment company serving legal, accounting, engineering and construction firms with legal practice management software serving over 65,000 law firms

AffiniPay revenue & fundingMelio vs AffiniPay

Revenue
$131.6M
Team size
623
nCino logo

19. nCino

United States · Financial Services Software

nCino (NASDAQ: NCNO) is powering a new era in financial services. 🚀 The Company was founded to help financial institutions digitize and reengineer business processes to boost efficiencies and create better banking…

nCino revenue & fundingMelio vs nCino

Revenue
$183.6M
Funding
$213.3M
Customers
1.2K
Team size
1.7K
nCino logo

20. nCino

United States · Financial Services Software

nCino (NASDAQ: NCNO) is powering a new era in financial services. 🚀 The Company was founded to help financial institutions digitize and reengineer business processes to boost efficiencies and create better banking…

nCino revenue & fundingMelio vs nCino

Revenue
$183.6M
Funding
$213.3M
Customers
1.2K
Team size
1.7K

Melio vs the Financial Services Software market

Melio ranks #27 of 687 Financial Services Software companies by annual revenue, putting it in the top 4% of the market.

Companies tracked
687
Median revenue
$4M
Median funding
$20M
Median team size
35

Melio funding

Melio funding rounds with amount raised and valuation
DateRoundAmountValuation
Dec 2021Series C$250M$4B

Melio competitors FAQ

What companies are similar to Melio?

The closest alternatives to Melio are Scalable Capital, Apex Fintech Solutions and FamPay, all active in Financial Services Software. This page compares each of them with Melio on revenue, funding, customers and team size.

What is the best alternative to Melio?

Scalable Capital is the closest alternative to Melio, generating $157M in revenue. Which alternative fits best depends on budget and company size, so compare all 20 alternatives above before choosing.

How much revenue does Melio generate?

Melio generates $157.2M in revenue.

How much funding has Melio raised?

Melio has raised $250M in funding.

How many customers does Melio have?

Melio has 119K customers.

Is Melio bigger than Scalable Capital?

Yes. Melio generates $157.2M in revenue versus $157M at Scalable Capital.