Global Small Business Platform Xero to Acquire Melio.

Melio is being acquired by Xero, a global small business platform that helps customers supercharge their business by bringing together the most important small business tools, including Accounting, Payroll and Payments — on one platform.

Xero announced that it entered into a binding agreement to acquire Melio on June 25, 2025. At the time of the announcement, Xero communicated that the transaction is targeted to complete within 6 months of signing, subject to conventional conditions precedent to closing, including satisfaction of various customary regulatory conditions and approvals.

On 25 June 2025, Xero announced an upfront consideration of US$2.5 billion (A$3.9 billion). Additional contingent consideration, deferrals and rollovers are payable to Melio employees of up to US$0.5 billion payable over three years. The majority is linked to delivering against certain pre-agreed outperformance targets, and the remainder is subject to the passage of time, annual business objectives and continued employment.

Acquiring Melio delivers a step change in Xero’s US value proposition and scale, accelerating its strategy and global high-growth aspirations. This acquisition addresses a critical customer need for US small businesses, accountants and bookkeepers by uniting Accounting and Payments on a single platform.

Joining Xero is an opportunity for the Melio team to further its mission to reinvent the way businesses pay each other. Having worked closely with the Xero team, we’re excited by our shared purpose to scale in the US and combine Xero’s accounting capabilities with Melio’s accounts payable and receivable solutions to create comprehensive product offerings for our collective, valued customer base.

No, Melio.com will continue to operate independently.

Melio.com will continue to operate independently and support all small businesses in the U.S., regardless of the accounting software or ERP they use. Customers using QuickBooks Online, QuickBooks Desktop, Xero, or any other software will continue to be supported.

Melio.com will continue to operate independently and support existing customers.

Yes, there will be no change in the quality of service.

Once the transaction is completed, Melio will become part of Xero. Melio co-founder and CEO Matan Bar will lead the combined US business for Melio and Xero.

Yes, Melio.com will continue to operate independently.

Melio.com will continue to operate independently.

Melio.com will continue to operate independently. This includes its standalone app.

No, Melio.com will continue to support all small businesses in the U.S., regardless of the accounting software or ERP they use, including QuickBooks Online, QuickBooks Desktop, and any other software.

Melio will continue with its partnerships and integrations and plans to announce more partnerships in the future.

Xero has said it will continue to invest in Melio’s payments product and leverage Xero’s go-to-market expertise to supercharge growth in Melio and Xero in the US.

Yes, existing payment options will remain.

Yes, Melio.com will continue to support customers using QuickBooks Online, QuickBooks Desktop, Xero — or any other software.

Melio.com will continue to offer a free basic service to small businesses.

Melio will continue to offer pay-over-time and credit card features.

By combining Xero’s powerful accounting platform with Melio’s intuitive financial services, they can help advisors better support their clients and empower small businesses with a more robust set of tools. This will accelerate innovation and deepen accounting capabilities, building a powerful accounts payable and receivable platform for U.S. small businesses and their advisors.

Yes, regulatory approvals are needed.

This transaction will accelerate Melio’s innovation and deepen accounting capabilities and investment in product development will continue.

Melio.com will continue to support all small businesses in the U.S., regardless of the accounting software or ERP they use and will continue to offer a free basic service.

Melio will continue to support QuickBooks Online and QuickBooks Desktop users.