News

Xero to acquire Melio, a leading US SMB bill pay solution, to accelerate global growth
Xero Limited (ASX: XRO) today announced it has entered into a binding agreement to acquire 100% of Melio Limited and its ...
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 ...
The Bull6h
Xero Shares Drop 5% as A$1.85 Billion Placement Hits
Xero shares (ASX:XRO) closed the day down 5.26% at A$184, hot on the heels of the company’s ambitious A$1.85 billion ...
Capital Brief1d
Xero chill
Xero’s $4 billion Melio deal is its boldest US play yet — and a high-stakes test of CEO Sukhinder Singh Cassidy’s strategy, ...
Inside Xero’s $4b bet to finally crack the US market
CEO Sukhinder Singh Cassidy is doing the sort of deal fund managers are usually wary of. But she’s determined to double the ...
Livewire Markets1d
Analysts, fund managers cautious on Xero's monster Melio acquisition
Tech juggernaut Xero is betting big on a new revenue model in the US and the opportunity to cross-sell its cloud accounting ...
BusinessDesk1d
Xero splashes $4.1b for 'step-change' US acquisition
Accounting software firm Xero is seeking a step-change in its US market penetration, paying US$2.5 billion (NZ$4.16b) to ...
The CEO trying to turn an ASX stalwart into a US tech star
Sukhinder Singh Cassidy, the US-based boss of ASX-listed Xero, is out to prove her worth with her plan to transform the ...