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 ...
WELLINGTON, New Zealand & SAN JOSE, Calif.--(BUSINESS WIRE)--Xero (ASX: XRO), the global small business platform, today announced a strategic partnership with BILL (NYSE: BILL), a leading financial ...
New Zealand-based accounting software provider Xero (OTCPK:XROLF) is acquiring New York-based payments platform Melio for $2.5B. Xero said Melio is a U.S. small and medium business, or SMB, bill pay ...
Acquisition aligns with 3x3 strategy, step changing US customer proposition and scale This acquisition solves a critical customer need in the US, uniting Accounting and Payments in one platform for ...
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, ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Melio is a leading SMB bill pay platform that seamlessly integrates ...
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 ...
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 ...
Xero Ltd. (OTC:XROLF) inked a strategic partnership with BILL Holdings, Inc. (NYSE:BILL) to embed a bill pay solution for small businesses. Once available, the solution will deeply integrate BILL’s ...
Diya Jolly, Xero's chief product and technology officer, announced several new products and enhancements aimed at the three critical jobs CEO Sukhinder Singh Cassidy had previously outlined (see ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Xero NAB Payments is set to be a game changer for accounts payable thanks ...