The American Express and Salesforce-backed payment software developer tripled its valuation to $4bn in its latest funding round.

Melio, a US-based payment software provider Melio backed by payment processing firm American Express and enterprise software provider Salesforce, received $250m yesterday in a series D round that brought its valuation to $4bn. Thrive Capital co-led the round with General Catalyst while Tiger Global Management, Accel, Latitude, Corner Ventures, Coatue and Bessemer Ventures Partners (BVP)…

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