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.

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

Based in Tel Aviv, Melio is the developer of a platform that seeks to make paying and getting paid electronically less of a burden to small and medium-sized businesses The post New Zealand’s Xero to ...

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

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

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

Nothing changes in Melio's product. Meanwhile, in parallel, Xero will embed Melio's features into Xero's core platform. As part of Xero's commitment to an open ecosystem, the company will also ...

Xero Limited has entered into a binding agreement to acquire Melio, an SMB bill pay platform. The acquisition is expected to ...

Xero CEO Sukhinder Singh Cassidy added: "We're excited to welcome Melio's world-class team to Xero and look forward to working together to deliver on our shared goals once the transaction completes.

SYDNEY—Accounting-software provider Xero XRO-1.79 % decrease; red down pointing triangle will acquire bill-pay platform Melio for an initial US$2.5 billion in a deal that Xero said significantly ...