Xero to Acquire SMB Firm Melio
Xero Limited has entered into a binding agreement to acquire Melio, an SMB bill pay platform. 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,… Read More
Read more in: Fintech | Tagged acquisition, matan bar, melio, Sukhinder Singh Cassidy, xero