Xero stories - Page 24

Xero's bold reinvestment strategy pays off, doubling global customer base to 78,000 and revenue to $19m, as it expands its footprint.

US tech investor Peter Thiel is boosting New Zealand’s tech scene with a NZD $40 million fund, pledging NZD $15 million via his firm Valar Ventures.

Online accounting software company Xero has rolled out a new release addressing a bundle of user requests such as discounts and invoice line re-ordering.

Top Xero executives sell USD $5 million in shares to welcome new investors, including MYOB co-founder Brad Shofer, without diluting current holdings.

Xero teases strong growth ahead of Xerocon, with annual revenue on track to double to NZD $21 million and a 20% increase in paying customers.

Xero rolls out updates including new bank feeds, improved budget manager and report packs, aiming to boost efficiency for NZ businesses.

Xero narrows its losses to $3.7m from $4.7m, as global expansion and robust home market herald its rise as a future online accounting titan.

Online accounting vendor Xero celebrates reaching 50,000 paying business customers, having processed $50bn in transactions since launching four years ago.

Xero secures USD $4m from the NZ government in the latest R&D grant round, part of a USD $321m initiative aimed at boosting tech innovation.

Xero Touch lands on Apple's app store, bringing receipt snapping and a 4-digit PIN login for swift financial management on the go.

Xero will also enter into a partnership with NZ Post that will see the company’s software linked with new digital posting services.

American entrepreneur Peter Thiel lauds New Zealand's tech talent and investments, yet faces critique from local engineers citing a lack of global perspective.

Xero is set to launch its payroll solution on Wed, promising smoother financial tracking for businesses despite a 1-hour downtime.

Xero gears up to launch its eagerly awaited free iPhone app, Xero Touch, by late March, following successful employee tests and demo.

Online accounting revolutionises SME finance management, making crunching numbers less daunting and more efficient.

Xero CEO Rod Drury celebrates as the company is ranked 8th in the Asia Pacific Deloitte Tech Fast 500, a first for a New Zealand business.

Online training can maximise your small business's efficiency and ROI. Learn essential computer and accounting skills without leaving the office.

Xero Founder says it's a struggle getting the New Zealand investment community to invest in the cloud business model.

Xero secures NZD $4 million from Peter Thiel to fuel its US expansion, with Thiel joining the US Advisory Board to challenge Quickbooks.

Xero has invested NZD $200,000 for a 15.9% stake in Max Solutions to fund the development of a New Zealand-specific tax lodgement system.