U.S.-Isreali payment platform Melio announced Tuesday it had closed on an anticipated Series D round, raising $250 million co-led by Thrive Capital of New York and existing investor General Catalyst. Tiger Global Management, Accel, Bessemer, Coatue, Corner Ventures and Latitude participated in the round as well.
The company also confirmed its rumored $4 billion valuation, elevated since its $1.3 billion valuation in January.
Melio provides an online platform that enables businesses and their...
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