Valora Analitik / Latam Fintech Hub · Jul 2026
Milio and Payments Way launched Dagurpay, a cross-border payments infrastructure for the U.S.-LatAm corridor, with USD/stablecoin rails, FX, compliance, and sub-24-hour settlement claims.
B2B-2C real-time account to account payments
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
Milio is a YC W23 fintech/payments infrastructure company building a single-API platform for real-time card-to-card and account-to-account money movement, automated collections and payouts, and treasury/reconciliation workflows for LatAm businesses. Public sources conflict on headquarters (San Francisco vs. Bogotá), so both are listed in the evidence.
Primary product
Real-time payments infrastructure platform (API/SDK) for transfers, collections, payouts, and treasury automation
Founded
2022
Headquarters
Public sources conflict: San Francisco, California, United States (company directories) vs. Bogotá D.C., Colombia (privacy policy / YC pages).
Team size
10-20
Work style
Remote
Industry
Financial Services
Sub-industry
Fintech / payments infrastructure / B2B payments
Offices
San Francisco, California, United States
Bogotá D.C., Colombia
Mexico City, Mexico
Business model
API/SDK infrastructure
payments-as-a-service
SaaS
embedded finance
treasury automation
cross-border payments
Funding
Stage
Seed (public sources also mention a later pre-seed round, so the record is not perfectly consistent)
Latest round
Seed · Mar 2023
Latest amount
$1.5M
Sep 2024
Mar 2023 · Y Combinator
Dec 2022 · Y Combinator
People & investors
Leadership
Co-founder, CEO
Co-founder, CPO
Co-founder, CFO
Global Head of Acquiring
Tech Lead
Founders
Toni Riera
Former co-founder
Work & culture
Public hiring posts suggest a high-impact, technical, agile, remote-first culture focused on clean/scalable architecture, production-grade fintech infrastructure, and fast execution.
Work style
Remote
Compensation
Public hiring posts say compensation is competitive and paid in USD, with stock options and benefits including PTO, paid holidays, equipment, and a $1,500 learning-and-development budget. No public salary bands or visa policy were found.
Benefits
competitive compensation in USD
stock options
4 weeks PTO
paid federal holidays
choice of equipment
$1,500 annual learning & development budget
Product & market
Pricing
Contract-based pricing; fees are negotiated per customer contract.
Differentiators
- —Single API and SDKs
- —real-time 24/7 transfers
- —card-to-card and account-to-account rails
- —automated reconciliation and treasury workflows
- —direct core-banking integration
- —white-label checkout
- —Visa Direct integration
- —no ACH redirection
- —up to 80% lower costs (per YC)
Technology
API
SDK
RESTful APIs
NestJS
TypeScript
Node.js
PostgreSQL
AWS
Docker
microservices
Jest
Mocha
N8N
Visa Direct
white-label UI
ERP integrations
Customers
SMEs
mid-market enterprises
ecommerce businesses
financial institutions
banks
fintechs
wallets
governments
remittance providers
fiduciaries
Competitors
ACH rails
PSE
Transfiya
Transferencias Entre Cuentas
traditional bank wires
Scale & contact
Latest news
Valora Analitik · Jul 2026
A broader profile of Dagurpay and the strategic rationale for Milio’s cross-border payments push, including target customers, corridor scope, and compliance-heavy infrastructure.
Valora Analitik · Sep 2024
Explains the Visa Direct partnership, the first domestic phase in Colombia, and Milio’s positioning versus ACH, Transfiya, and Entre Cuentas.
Noticias RCN · Sep 2024
Coverage of Milio’s Visa/Banco Coopcentral card-to-card transfer launch in Colombia, with 24/7 real-time payments and international phase plans.
Portafolio · Jan 2023
Announces Milio’s acceptance into Y Combinator and describes its early financing and product direction in B2B payments/credit infrastructure.
Jobs and careers at Milio
0 jobs at Milio
No open positions
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