Xero stories

Xero is set to acquire US payments platform Melio for USD $2.5 billion, boosting its North American growth and integrating payments with accounting solutions.

Nearly one in three UK employees are regularly chased for missing receipts, highlighting ongoing delays as finance teams rely on manual expense management processes.

Chris Petzoldt departs Simon-Kucher after 25 years, having established and grown its Australia-New Zealand business, to pursue new ventures.

Melbourne's PonyUp partners with Rejoose to offer Australian businesses carbon tracking of refurbished IT, supporting ESG goals and food charity SecondBite.

Xero has launched Tap to Pay on iPhone in New Zealand, enabling small businesses to accept contactless payments via the Xero app without extra hardware.

Chorus unveils a 1Gbps symmetrical fibre plan for NZ businesses, enhancing speeds and restoration times to boost digital productivity.

Xero posts NZD $2.1bn revenue in FY25, up 23%, with net profit rising 30% and subscriber base growing 6% to 4.41 million users globally.

New Zealand SMEs could boost GDP by NZD $8.6bn by 2025 through digitalisation, says report by Xero and NZ Institute of Economic Research.

Ignition launches AutoCollect to help small service businesses automate late payment collection, streamlining invoicing and boosting cash flow management.

Nearly half of UK employees face financial strain paying upfront for work expenses, with delayed reimbursements causing hardship across income levels.

WorldFirst's new World Card, launched in Australia, helps SMEs cut cross-border payment costs with no FX fees and 1% cashback across 210 countries.

Sharesight has introduced a new fintech tool aimed at easing the tax burden for accountants managing complex investment portfolios, enhancing efficiency and accuracy.

AI is dramatically reshaping professional services, with experts warning that while it boosts efficiency, it also risks eroding essential skills and job prospects.

Constant Contact continues to empower small businesses with tailored marketing solutions, leveraging AI to enhance efforts for over 500,000 customers globally.

Decidr partners with Onside Content to enhance personalised content delivery across the US, Australia, and Japan using advanced AI technology.

Cloud accounting firm iplicit is expanding its executive team in preparation for significant growth, aiming for £100m in annual recurring revenue by 2031.

Xero has awarded SG$630,000 to 28 winners of the 2024 Beautiful Business Fund, supporting small businesses across multiple countries.

Xero's latest data reveals small businesses in New Zealand are struggling with a 2.7% sales drop and stagnating wages, amid rising workforce downsizing.

Xero has appointed Angad Soin as Managing Director for Australia and New Zealand, enhancing its strategic focus in the region while he retains his global role.

Wise Business has launched a free invoicing tool for SMBs, streamlining global payments and facilitating invoicing across multiple currencies.