Milio (YC W23) is an open-finance enabled B2B payments and cash management platform that targets the Latin American market. The platform aims to simplify B2B payments and interactions, automate recurring collections and payouts, and provide cash management solutions to SMEs and mid-market enterprises through efficient workflows and seamless bank-to-bank domestic and cross-border payments. Founded in 2022, Milio operates within the B2B, E-Commerce, Financial Services, and Fintech industries, with its headquarters based in the United States. The startup recently secured a $1.00M Pre Seed Round investment from Pretiosum Ventures, Y Combinator, and Rebel Fund on 25 March 2023. This investment is expected to further propel Milio's expansion and enhance its offerings to cater to the specific needs of the Latin American market.
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