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Xero’s Bold US Expansion: $2.5B Acquisition of Melio Set to Transform SMB Payments
7:48am on Wednesday 25th of June, 2025 AEST
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Technology
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Xero’s Bold US Expansion: $2.5B Acquisition of Melio Set to Transform SMB Payments
7:48am on Wednesday 25th of June, 2025 AEST
Key Points
Xero to acquire Melio for US$2.5 billion via cash, scrip, debt, and cash reserves
Acquisition aligns with Xero’s 3x3 strategy to triple US revenue and scale
Melio’s platform integrates accounts payable with payments for US SMBs
Funding includes a fully underwritten A$1.85 billion institutional placement
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