Small businesses have a lot of challenges to deal with and managing—and accounting for—money is a major pain for a lot of them. A Cornerstone Advisors study found that: Accounting functions take up an ...

Israeli fintech startup Melio, the developer of a payments platform geared toward small and medium-sized US businesses, has agreed to be acquired by New Zealand cloud-based accounting software giant ...

The acquisition is expected to be funded through a mix of cash and equity. The upfront consideration will be $2.5 billion in cash and equity consideration. Additional contingent consideration, ...

Over the past few years, small-business accounting platform Xero has been working to accelerate the pace of its product and technology development, hire more tech industry veterans, rethink its values ...

Melio integrates accounting and payments. Xero Limited has entered into a binding agreement to acquire United States-based SMB bill pay platform Melio Limited and its associated entities for $3.2b ...

When Xero announced its $2.5 billion acquisition of Melio, the fintech world took notice. Melio isn't the biggest player in U.S. SMB payments—its 80,000 customers and $30 billion in annual bill-pay ...

DENVER and SAN JOSE, Calif., April 29, 2025 /PRNewswire/ -- Xero (ASX: XRO), the global small business platform, today launched the ability for its US customers to pay bills within Xero as part of its ...

Xero, the small business platform, has launched Tap To Pay on iPhone, enabling Xero customers in Australia with a Stripe account to accept in-person contactless payments with their iPhone and the Xero ...