B2B payments infrastructure for emerging markets
Milio is building B2B payments infrastructure for emerging markets, helping our customers save 80% in domestic transaction fees and 50% in cross-border FX spreads, with an embedded optimized checkout for B2B commerce. Milio's platform allows faster money movements, accurate real-time data, and treasury automations through efficient workflows and seamless account-to-account domestic and cross-border payments.
Company Launches
Milio - B2B payments infrastructure for emerging markets
Active Founders
Toni Riera
Spanish born, I have lived in Latin America for 7 years. Ex-BCG consultant and executive at Uber and European B2B payments company Sumup. Now a proud founder and CEO at Milio, a B2B lending and payments infrastructure company for Latin American B2B commerce.
Juan Luis Perez E
I am the co-founder and COO at Milio, where I am in charge of running the day-to-day operations and keeping our deployment and collection metrics on point. My job is to create a solid origination-collection flow so that the whole company runs smoothly and the unit economics are on target. As an specialist in Business Law, I have advised several regulated and non-regulated companies in Latam. I've founded a successful law firm that operates in Colombia and Ecuador
Daniel Gomez
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.
Selected answers from Milio's original YC application for the W23 Batch
What is your company going to make? Please describe your product and what it does or will do.
Milio is a B2B transactional based credit (buy-now-pay-later) and electronic payments solution through an embedded payments button for online marketplaces and a payments’ link for traditional suppliers, with the best and simplest UX built for Latin America SME owners and a proprietary credit scoring engine and credit management technology.
We will provide simple and digital payments technology and transactional credit for the unbanked and the credit-excluded population (focused on the B2B commerce) using alternative data sources such as open banking integrations, the suppliers’ data and behavioral analytics, with an end to end fully digital process.