CashFlow Central
“Can Fiserv capture the SMB cash flow management market by white-labeling Melio's AP/AR infrastructure and distributing it through its existing bank and credit union client network?”
Founded2023
HQMilwaukee, WI (Fiserv HQ)
IndustryInfrastructure / Payments
The story
CashFlow Central is not a standalone company but a Fiserv product line built on Melio's B2B payments infrastructure. Fiserv co-developed the solution to allow its bank and credit union clients to offer small business payment management — covering payables, receivables, and invoicing — through a single embedded platform. The product represents Fiserv's strategy to compete in the SMB banking technology space by packaging Melio's AP/AR capabilities under the Fiserv brand and distributing them through its existing bank client network.
Product timeline
2023
Fiserv and Melio integrated Melio's AP/AR technology with Fiserv's payment services to launch CashFlow Central as a bank-deployable small business payments solution.· banking
2024
WaFd Bank selected CashFlow Central from Fiserv to enhance small business banking offerings, enabling ACH transfers, card payments, and electronic invoicing for small business customers.· banking
2024
Fiserv led Melio's $150M Series E funding round, deepening the partnership powering CashFlow Central.· acquisition
The stack
Payments / PSP
Banking / BaaS
Accounting
Accounting gap: minor