Milio (Founding)

Funding Details
Awarder
YCombinator
Date Award
January 12, 2023
Vertical
Fintech
Funding URL
View Funding Page
Valuation
$0

Company Info
Founding Year
2023
Company Description
Milio is a fully interoperable and immediate payment system for Colombia through a single API connected to millions of accounts. Milio allows companies to perform payable and receivable in real time without ACH rails. We provide our solution through two Plug and Play integrations: PID payment button: End-to-end, white label, native, non-redirection payment technology for your customers to pay you account-to-account more efficiently than PSE, without heavy and inefficient ACH cycles and fixed rates. Technology: API, SDK, Checkout UI. Immediate disbursement: Single API connection to all banks, allowing any company or person to disburse 24/7, in real-time, with immediate crediting of funds to third parties at any bank or digital wallet. Technology: API, Dashboard UI.
Market
Fintech
Location
Bogotá, Bogota, Colombia
Coinvestors
YCombinator

Links
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