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Milio
AddedFeb 16, 2024
UpdatedJun 18, 2026
Milio

Milio

Milio simplifies real-time B2B and B2C payments and cash management via a single API.

HQ
San Francisco, CA, US
Founded
2022
Accelerator
Y Combinator logoY CombinatorW23
Overview
Compare
Fundraising
Employees
Website

Milio's core mission is to revolutionize real-time B2B and B2C payments in Colombia through a single API that connects millions of accounts. The company offers a fully interoperable and immediate payment system, enabling companies to handle payables and receivables efficiently without relying on traditional ACH rails. Milio provides two plug-and-play integrations: the PID payment button, which offers end-to-end, white-label, native, non-redirection payment technology, streamlining account-to-account transactions.

Milio has significantly impacted the Colombian financial landscape by simplifying cash management and enhancing payment efficiency for businesses. Its innovative approach eliminates the inefficiencies of ACH cycles, making it a preferred choice for companies seeking seamless financial operations. The company's technological advancements and user-centric solutions have positioned it as a key player in the fintech industry, driving growth and adoption of real-time payment systems in the region.

Milio - Quick Facts

When was Milio founded?

Milio was founded in 2022.

Where is Milio's headquarters located?

Milio's headquarters is located in San Francisco, CA, US.

When was Milio's last funding round?

Milio's most recent funding round was for $1M (USD) in March 2023.

How much has Milio raised to-date?

As of Mar 25, 2023, Milio has raised a total of $1M (USD).

How many employees does Milio have?

Milio has 8 employees as of Feb 4, 2024.

Milio - Classification

Ownership
  • Private
Technology
  • FinTech
Geographic Exposure
  • Latin America
Revenue
  • Recurring
  • Transactional
Customer
  • Enterprise
  • Small Business
Main Product
  • API
Tags
  • SaaS
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice