The Australia-listed accounting-software provider Xero will partly fund the largest acquisition in its 19-year history with a $1.2 billion institutional placement.

New Zealand accounting software giant Xero agreed to buy U.S.-Israeli payments provider Melio for as much as $3 billion, the ...

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

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 acquisition.

Xero said the acquisition of Melio will accelerate its global aspirations and solve a critical customer need in the U.S. by uniting accounting and payments in one platform for customers.

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

Acquiring Melio delivers a step change in Xero's US value proposition and scale, accelerating its 3x3 strategy and global aspirations.

The ASX-listed accounting software giant says it will buy Melio Payments to expand quickly in America, where its efforts to grow have stalled.

New Zealand cloud-based accounting software company Xero Limited (ASX: XRO) has announced that it has entered into a binding ...

Xero to acquire Melio, a leading US SMB bill pay solution, to accelerate global growth Provided by PR Newswire Jun 24, 2025, 3:09:00 PM ...

The Australia-listed accounting-software provider Xero will partly fund the largest acquisition in its 19-year history with a $1.2 billion institutional placement.