Small businesses have a lot of challenges to deal with and managing—and accounting for—money is a major pain for a lot of them. A Cornerstone Advisors study found that: Accounting functions take up an ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Xero NAB Payments is set to be a game changer for accounts payable thanks ...
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 ...
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 ...
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, ...
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