Milio

B2B-2C real-time account to account payments

Y CombinatorWinter 2023ActiveFintechFintechSaaSPaymentsB2B

What they do

Problem

Businesses in Colombia lack a fast, interoperable way to collect and disburse account-to-account payments in real time without slow ACH rails and friction-heavy checkout flows.

Solution

Milio provides a single API (with SDK/checkout UI and dashboard) enabling real-time account-to-account payments via a white-label payment button and 24/7 immediate disbursements to any bank or wallet.

Who it's for

Companies in Colombia that need to accept customer payments and send real-time payouts to third parties across banks and digital wallets.

Founders

Toni Riera

Founder

Operator and investor with 10+ years scaling fintechs and marketplaces across LatAm, Europe, and the US. Co-founder of Milio (YC W23, B2B payments and treasury SaaS). Previously at SumUp (Director Expansion LatAm), Uber (GM Delivery, Andean Region), and BCG (Consultant, Financial Services & GTM).

Daniel Gomez

Founder

Product Manager and Strategist, UX freak, and Project Manager. Passionate about building digital projects from the ground up across different industries, including Fintech, Mobility and Healthcare. I'm currently building a comprehensive lending and payments infrastructure solution for the B2B commerce in Latin America. When I'm not designing prototypes and workflows, I love skateboarding and spending time at the beach with my daughter.