Company Information

Get to know Milio (YC W23)

Milio is a financial technology company and a graduate of the Y Combinator Winter 2023 batch. The company's mission is to simplify cross-border commerce for Latin American (LatAm) businesses. It offers a corporate credit card that enables small and medium-sized businesses (SMBs) in LatAm to pay for US expenses, such as software subscriptions, online advertising, and inventory, in US dollars while funding their account with their local currency. Milio aims to provide transparent foreign exchange rates and short-term financing, solving a major friction point for companies operating between these regions.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Milio (YC W23)

United States

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.