Capital One Business: Melio, a U.S.-Israeli startup that offers payment tools for small businesses, said on Tuesday it entered into a strategic partnership to integrate its accounts payable platform with Capital One Venture.
Under the terms of the deal, Capital One small venture cardholders will be able to pay their vendors with a card, even if they do not accept credit cards, directly from their Capital One venture account.
The agreement will enable Capital One small business cardholders to pay their vendors with a card, even if they do not accept credit cards, directly from their Capital One Business account.
Capital One Ventures – the financial institution’s corporate venture capital arm – also joined Melio’s funding round last year with a strategic investment.
