(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 ...

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 ...

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, ...

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 ...

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 ...

June 25 (Reuters) - New Zealand accounting software giant Xero agreed to buy U.S.-Israeli payments provider Melio for as much as $3 billion, the companies said on Wednesday, accelerating the Kiwi firm ...

Former Chief Revenue Officer at Smartling joins Melio as Vice President of Sales Senior hire bolsters Melio's go-to-market expansion plans The team aims to surpass 300 within the next 2 years across ...

A new survey by small business B2B payments company Melio shows more than half of small businesses experience late payments by large companies, significantly challenging their business, delaying ...

Melio, an accounts payable and receivable platform, and Gusto, a payroll, HR, and benefits provider for more than 400,000 small and mid-sized businesses, are partnering on business invoice services.