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 ...

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 ...

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, ...

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 ...

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 ...

(Bloomberg) -- Xero Ltd., a cloud-based accounting software firm, agreed to buy Melio Payments Inc. for $2.5 billion as the New Zealand company pushes deeper into the US market with its biggest-ever ...

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 ...