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Supercharging Small Business Payments

Why Xero Acquired Melio: Supercharging Small Business Payments

Xero announced a deal to acquire small business payments platform Melio for $2.5 billion and fill a gap in its offerings by integrating accounting and bill payments.

Yahoo Finance · 3h

Xero to acquire B2B payments platform Melio in $2.5bn deal

Melio, founded in 2018 and headquartered in New York with offices in Tel Aviv, Israel, serves over 80,000 US SMBs and accounting firms.

Accounting Today · 19h

Xero to buy payments platform Melio for $2.5B

Cloud accounting platform Xero announced it will acquire payments solution provider Melio . Join our community today and get unlimited access to Accounting Today.

The Times of Israel on MSN1d

New Zealand’s Xero to snap up Israeli fintech startup Melio for up to $3 billion

Based in Tel Aviv, Melio is the developer of a platform that seeks to make paying and getting paid electronically less of a ...

1d

Xero makes $4b play to break into lucrative US market

The ASX-listed accounting software giant says it will buy Melio Payments to expand quickly in the United States, where ...

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