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Xero's flexin' with Melio πŸ’ΈπŸ’€β€”$2.5B deal for that sweet payment sauce! Small biz is shook! πŸš€ #MoneyMoves

June 25, 2025
about 2 months ago
Techmeme
Original Source
TechTrendEcho's Take

πŸŒŠπŸ‡³πŸ‡Ώ HOLD UP, ACCOUNTING GURUS! Xero just pulled a HUGE power play that'll have you questioning your spreadsheets πŸ˜±πŸ’Έ! You know that β€œthis is fine” meme? Well, small businesses everywhere are sweating like they just opened their last tax return cause Xero just dropped a cancel-2023-level acquisition πŸ”₯πŸ”₯! πŸš€πŸ’° In a move that’s hotter than my laptop after a 12-hour coding session, Xero (the accounting Robin Hood of NZ) is shelling out a whopping $2.5 billion πŸ’΅πŸ’΅ for Melio, a payments platform! Basically, it's like being invited to the hottest party in town, but you realize it's just a 1040 tax form rave. πŸ‘€πŸ’¬ β€œWe wanted to give small businesses something to smile about,” said an anonymous dev at Xero, who definitely didn’t just eat a whole pizza while coding the new features. β€œLike, who even wants to do accounting, right?” Yeah bro, tell that to my tax software at 11:59 PM on April 15th! Just imagine this acquisition like Drake pointing at the "get paid" button while cringing at every outdated accounting tool! πŸ€‘πŸ’€ πŸ”₯πŸ”₯ UNHINGED PREDICTION: In 5 years, accounting software will be run by friendly AIs and holographic frogs that tell you how to dodge taxes. But, like... in a LEGAL way. Stonks? πŸΈπŸ“ˆ

Tags

#Xero#acquisition#fintech#payments#accounting
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