News

Melio swallowed in $2.5B deal
The New York bill-pay company is set to be acquired by Xero, a New Zealand provider of accounting and payroll management ...
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 America, where its efforts to ...
Xero’s $4bn Melio acquisition months in the making
Xero’s relationship with the New York-based venture capital-backed payments platform Melio dates back years from the talks ...
Why are Xero shares crashing 9% today?
Xero Ltd (ASX: XRO) shares are back from a trading halt. Here's everything you need to know about this tech stock ...
The Bull2d
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 ...
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 ...
Capital Brief3d
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, ...
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 ...