Guide Startups

Milio

Winter 2023 · Active

B2B-2C real-time account to account payments

Location: Bogotá, Colombia, CO

Founded: 2022

Team size: 16

About

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.

Founders

  • Toni RieraFounder

    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 GomezFounder

    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.

  • Juan Luis Perez EFounder

    Co-founder and CEO at Milio