♟️ Wednesday 25 June 2025 Wed, 25 June 2025
26 Move Signals
Xero’s $2.5B Bet on Melio to Double US Revenue by FY28
Xero Limited has announced a binding agreement to acquire Melio Limited for US$2.5 billion, backed by a fully underwritten A$1.85 billion equity raise. This strategic move aims to accelerate Xero’s US growth and more than double its FY25 revenue by FY28.
25 June
Xero’s Bold US Expansion – $2.5B Acquisition of Melio Set to Transform SMB Payments
Xero Limited has agreed to acquire Melio Limited, a leading US SMB bill pay platform, for US$2.5 billion, marking a significant leap in its US growth strategy. The deal is backed by a substantial A$1.85 billion equity raise and aims to accelerate revenue and market presence by FY28.
25 June