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.

Xero’s $3.9b Melio deal has eyes turning to the next potential B2B payments star. ... Read More The post Early days, but ...

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 has acquired US-based fintech Melio Payments for USD 2.5 billion upfront with an additional USD 500 million in contingent consideration, deferrals, and rollovers. The deal will be funded 50% ...

Melio co-founder and CEO Matan Bar, who sold his first payments business to eBay in 2011 and subsequently spent six years with eBay and PayPal, will lead the combined Xero business in the U.S ...

Xero noted that the upfront consideration will be $2.5B (A$3.9B) in cash and Xero scrip. Additional contingent consideration, deferrals and rollovers is payable to Melio employees of up to $0.5B ...

Xero's $2.5B Melio deal isn't just about scale—it's about buying a viral payments network, a rare fraud stack, and platform partnerships that could finally help Xero challenge Intuit in the U.S ...

Dive Brief: Bill-pay company Melio has agreed to be purchased for $2.5 billion by the New Zealand accounting software provider Xero, the two companies said in a joint Tuesday press release.

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

(Reuters) -New Zealand accounting software giant Xero agreed to buy New York payments provider Melio for $2.5 billion, the companies said on Wednesday, accelerating the Kiwi firm's push into the U ...

Xero CEO Sukhinder Singh Cassidy said: "We're thrilled to announce we're acquiring Melio, a leading US B2B payments platform that strongly aligns with our 3x3 strategy and US growth ambitions.