Milio provides a unified payments infrastructure that lets banks and enterprises connect directly to global markets through a single API/SDK, enabling real‑time transfers that settle in seconds with end‑to‑end visibility and bank‑level security. The platform supports push and pull flows, cash‑in/cash‑out via cards, and automated disbursement and collection, allowing clients to launch instant remittances, recurring payments, and rapid payouts across multiple regions without managing multiple intermediaries.
Funding
$2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
1OFounders
Product
Problem
Businesses and financial institutions often face slow, fragmented cross‑border payment processes that require multiple intermediaries, costly settlement cycles, and complex integrations, limiting their ability to move funds instantly and track transactions end‑to‑end.
Solution
Milio offers a unified payments infrastructure that connects banks and enterprises directly to global markets via a single API/SDK integration. The platform enables real‑time transfers that settle in seconds, providing end‑to‑end visibility, bank‑level security, and compliance controls. By abstracting the underlying banking cores and settlement networks, Milio reduces time‑to‑market for new payment services from months to weeks. The solution supports both push (disbursement) and pull (automatic debit) flows, as well as cash‑in and cash‑out operations for digital wallets, allowing clients to launch instant remittances, recurring payments, and rapid payouts across multiple regions without managing separate relationships with each payment provider.
Target Audience
Primary customers include banks seeking to modernize their payment channels, fintech companies launching instant remittance or payout services, digital wallet providers, lenders requiring automated disbursement and collection, and gambling platforms needing fast, secure player payouts.
Features
- Direct core banking integration for banks, offering full control over risk, reconciliation, and regulatory compliance
- Plug‑and‑play APIs and SDKs for fintechs and enterprises, enabling rapid activation of payment flows
- Real‑time settlement with funds available in under one minute and support for >10,000 transactions per second
- End‑to‑end transaction tracing and visibility through a unified dashboard
- Built‑in security measures including encryption, monitoring, and adherence to financial industry standards
- Support for cash‑in/cash‑out via debit and credit cards, automatic recurring debits, and disbursement to wallets
- High availability architecture with 99.99% network stability and 24/7 connectivity