Software Alternatives, Accelerators & Startups

Melio VS Tykr

Compare Melio VS Tykr and see what are their differences

Melio logo Melio

A digital bill payment solution for small businesses. Pay and get paid for invoices quickly, simply, and without any of the usual costs. Increase cash-flow and reduce hassles by scheduling payments with bank transfers, debit cards, or credit cards.

Tykr logo Tykr

Tykr is a platform that empowers people to become great investors. It provides all the data and knowledge to invest confidently.
  • Melio Landing page
    Landing page //
    2023-03-10

Melio allows small businesses to take control of their cash flow with flexible business payments. A free and easy-to-use B2B payment solution, Melio has no setup or monthly fees. It helps small businesses in the US pay any business expense by ACH bank transfer or credit card - even where cards aren’t accepted. And vendors still get paid their way - by check or bank transfer.

Why Melio: Pay any invoice with a bank transfer for FREE, or use your credit card to defer payment (2.9% fee). Vendors receive a check or bank deposit. Pay with a credit card and hold onto cash for up to 45 extra days. Collect points and rewards along the way. The platform is user friendly, reduces costs. saves you time, and enables SMBs to focus their business rather than logistics. It has a seamless sync with QuickBooks and Xero, which eliminates a dual entry of vendor/bill information.

Currently, Melio is available to small businesses in the US only, though it enables international payments.

  • Tykr Landing page
    Landing page //
    2023-05-22

Tykr is a stock screener and education platform all-in-one. It guides you throughout your entire investing journey and helps you reduce risk and manage your own investments.


If someone tells you to buy a stock, the last thing you should do is buy that stock. The first thing you should do is ask “why?”.


Tykr has an easy-to-understand rating system that clearly informs you on why a stock is rated On Sale (potential buy), Watch, or Overpriced (potential sell). This gives you the confidence to move forward and positions you as the expert when you share this knowledge with family, friends, and other investors.

Melio features and specs

No features have been listed yet.

Tykr features and specs

  • Stock Managment: 18000+ US and International stocks
  • Newsletters: Access to our blog, podcast, and newsletter
  • Watchlists: Create your own watchlists to keep track of the stocks you are most interested in.

Melio videos

Pay Your Vendors Like A Tech Smart Boss With Melio (Onboarding and Review)

More videos:

  • Demo - Melio Demo with David Leary

Tykr videos

Tykr introduction

More videos:

  • Review - FICO (Fair Isaac Corporation) Stock Review - August 2021
  • Review - Tykr Review - Begin your Stock trading journey now. Tykr is like my own personal financial advisor
  • Review - Tykr Backstory - Webinar with Mark Willis

Category Popularity

0-100% (relative to Melio and Tykr)
Online Payments
100 100%
0% 0
Finance
0 0%
100% 100
Accounts Payable
100 100%
0% 0
Tool
0 0%
100% 100

User comments

Share your experience with using Melio and Tykr. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Melio and Tykr

Melio Reviews

4 Best Bill.com Competitors And Alternatives (2022)
This is no reason to be discouraged. There are Bill.com competitors out there, Melio ranking at the top, that are tailor made for small businesses like yours. Melio has a simple, yet fitting tool set, at an incredibly affordable rate for any small business. That’s why I would recommend Melio over Bill.com for any small business in the US.
Source: smbillion.com

Tykr Reviews

We have no reviews of Tykr yet.
Be the first one to post

Social recommendations and mentions

Tykr might be a bit more popular than Melio. We know about 4 links to it since March 2021 and only 4 links to Melio. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Melio mentions (4)

  • How open are you with your account and routing numbers?
    I Use Melio Payments (https://meliopayments.com/) - You can set up a free account and you can have them send you money or you can send out money via ACH (which is free) or use a debit or credit card account (Fee associated). I use it to pay my sub contractors weekly. You can only see the last 4 digits of the banking info once you have sent or received it. Ive been using them for almost 2 years and no complains. Source: about 1 year ago
  • Amex Business Plat To Pay Invoices
    You can look into https://meliopayments.com/ . They're basically Plastiq for businesses and support Amex, but they're gonna have a fee. So unless you're trying to hit a SUB, it's not gonna be worth it. Source: about 1 year ago
  • I said what I said
    Looking around for 2 seconds I found this.. https://meliopayments.com. Source: over 1 year ago
  • Invoicing app that is not too fancy.
    Oh Sorry. I didn't realize. I had a vendor just switch to Melio. They're similar in that you can choose a wire or a card etc. Maybe that'll work? meliopayments.com. Source: over 2 years ago

Tykr mentions (4)

What are some alternatives?

When comparing Melio and Tykr, you can also consider the following products

Bill.com - Bill.com provides ACH payments processing, automates your accounts payable and accounts receivable processes.

BlackRock Aladdin - BlackRock Aladdin is an advanced-level portfolio management software that helps you to manage and view your daily investment under the guidance of highly trained investment professionals.

Metaprise - Pay & Get Paid The Way You Want.

Morningstar Direct - Morningstar Direct is a web-based investment management software that offers you a wide range of features and tools to invest in potential opportunities.

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

Allvue LP Portfolio Management - Allvue LP Portfolio Management is an intelligent and smart software solution that provides you with features and tools to manage the various aspects of the investment product and portfolios.