Xero, Steve Vamos
Other

Vamos says vamos as Xero losses grow

- November 11, 2022 2 MIN READ

ASX-listed accounting platform Xero has more than doubled its net loss on the previous year to the chagrin of investors who wiped more than $1 billion from the company’s valuation following the announcement and news that CEO Steve Vamos is stepping down after nearly five years at the helm. The New Zealand tech company’s half… Read more »

Advice

PHOTOS: A look inside Xero’s plush new Melbourne HQ

- March 21, 2022 3 MIN READ

ASX-listed accounting fintech Xero has opened new Australian headquarters in the inner-Melbourne suburb of Hawthorn. The 7000 square metres site, spanning four levels, brings together Xero’s Melbourne team under one roof for the first time after a decade. The office features breakout spaces (with hearing assistance solutions), webinar suites and an indoor garden – a… Read more »

Xero, Steve Vamos
Other tech

Accounting platform Xero is now in the app business

- August 9, 2021 2 MIN READ

ASX-listed business accounting platform Xero is taking on Google and Apple at their own game, launching an app store selling Xero-connected apps. The Xero App Store lets small businesses, accountants and bookkeepers purchase apps to help run their companies, and went live last week. Xero app partners in Australia, United Kingdom and New Zealand now… Read more »

Topics

Xero shares hit $100

- August 25, 2020 < 1 MIN READ

When founder Rod Drury listed his cloud-based accounting platform Xero with an IPO on the New Zealand stock exchange in 2007, raising NZ$15 million, the company was less than a year old, had no sales and less than 100 customers. It had a market capitalisation of NZ$55 million. Analysts at the time joked that Xero… Read more »

Xero, Steve Vamos
Topics

Xero is getting into business lending, buying Sydney financing startup Waddle for $80 million

- August 25, 2020 2 MIN READ

Accounting software giant Xero Ltd is moving into lending to small business through invoice financing, announcing plans to acquire Sydney startup Waddle for up to $80 million. Xero (ASX: XRO) said the acquisition of the cloud-based lending platform aligns with its strategy to grow the small business platform and to address critical small business financial needs. “Waddle’s… Read more »

Topics

OZDAQ: The ASX’s new tech index goes live on Monday with 46 companies worth $100 billion

- February 21, 2020 4 MIN READ

  A new index featuring ASX-listed companies in the fast-growing technology sector launches on the Australian stock exchange on Monday. The S&P/ASX All Technology Index (All Tech Index), a partnership between the ASX and  S&P Dow Jones Indices using the S&PDJI methodology, will go live on February 24, with an Australian version of the US… Read more »

Topics

Xero adds NAB to its platform to help businesses pay their bills

- December 11, 2019 2 MIN READ

Accountancy software venture Xero has integrated accounts payable functions on its platform with Australia’s largest business bank in move the company is calling a game-changer. Australian businesses using Xero that have NAB internet banking will be able to instruct multiple bill payments at a time through Xero and approve their bill payments anytime, anywhere, directly… Read more »

Topics

5 things you should know about tech today

- November 8, 2019 3 MIN READ

  It’s Friday and major stuff’s happening. Like. 1. Airbnb will audit houses after Vice exposed a massive scam After 11 years in business, a US$35 valuation and hopes for an IPO, the normally aloof house sharing platform Airbnb is actually going to take more than a casual glance at what’s going on with the… Read more »

Topics

Here’s who’s coming to Xero’s annual Woodstock for accountants (aka Xerocon)

- August 7, 2019 < 1 MIN READ

Accounting platform Xero  has revealed its keynote speakers for Xerocon Brisbane 2019, the largest accounting industry  conference in Australasia. The event, at the Brisbane Convention and Exhibition Centre, September 4-5 is expected to attract more than 3,500 accountants, BAS agents, bookkeepers and financial professionals. This year’s Xerocon theme of ‘Communities of Purpose’. Keynote speakers are:… Read more »

Advice

The one piece of advice Xero’s Trent Innes gives small business owners to ensure they survive

- July 20, 2019 6 MIN READ

  Trent Innes is a hero at Xero. An accountant with more than 20 years of experience, he first joined the cloud-based accounting platform’s Melbourne HQ in 2013 as National Sales Director, then in January 2016, became Xero Australia & Asia Managing Director, just a decade after its genesis on an apartment dining room table in Wellington, New… Read more »