Xero Ltd

XRO: XASX (AUS)

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Xero: Acquiring Melio to Double Down on US Expansion

Roy Van Keulen , Alex Anderson

Jun 26, 2025

Xero has acquired US-based fintech Melio Payments for USD 2.5 billion upfront with an additional USD 500 million in contingent consideration, deferrals, and rollovers. The deal will be funded 50% through an equity raise and implies an enterprise value/annualized revenue multiple of up to 16 times.

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Xero Ltd

Xero: Acquiring Melio to Double Down on US Expansion

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