American Express Ventures has been named as an investor in business payment platform developer Melio, which just closed an $80m round that hiked its overall funding to $144m.
US-based payment software provider Melio disclosed today it has raised $144m in funding from investors including American Express Ventures, the corporate venturing arm of payment services firm American Express.
The $144m total was reached with an $80m series C round Melio closed last month. It came in the wake of a $48m series B round in March this year that in turn followed $16m secured across seed and series A rounds.
The company said investment manager Coatue Management and venture…
