Xero making zero profits but not worried

11:53PM | Thursday, 5 November 2015 |  Cloud accounting software giant Xero is forgoing profits in favour of rapidly expanding its user base and product offerings, CEO Rod Drury says.

Xeroing in on the power of disruption

10:45PM | Wednesday, 14 October 2015 |  To understand how a disruptive brand is shaking up the traditional banking and finance model, I spoke with Managing Director of Xero Australia, Chris Ridd.

Freelance accounting startup Accodex raises $180,000

8:31PM | Monday, 24 August 2015 |  Adelaide-based startup Accodex, a cloud-based platform for freelance accountants, has raised $180,000 in seed funding from investors in Australia and the United States.

Xero sum game: List early to avoid “blood-sucking” venture capitalists, Takor founder says

8:26PM | Friday, 14 August 2015 |  Rob Drury knew he needed a “shit-tonne of cash” to get Xero off the ground, but he also wanted to maintain control.

Xero sets its sights on world domination

8:07AM | Thursday, 13 August 2015 |  The next level of automation, fuelled by the amount of data available in the cloud today, will be one of the most profound technological changes the world has seen, according to Xero founder and chief executive officer Rod Drury.

Xero raises $140 million to fund US and UK growth

2:44AM | Wednesday, 25 February 2015 |  New Zealand cloud accounting software company Xero has announced a capital raise from American venture capital firms Accel Partners and Matrix Capital Management.

Meet the startup that wants to liberate your videos

6:37PM | Tuesday, 3 June 2014 |  Adelaide startup Peepable, which is set to launch a new video search engine, has raised $500,000 in seed funding from the likes of Xero’s Stuart McLeod and e3Learning’s Tony Fairbairn.

MYOB co-founder Craig Winkler among early investors, as Practice Ignition raises $650,000 seed funding

2:04PM | Friday, 21 February 2014 |  Practice Ignition, an Australian firm that helps accountants to streamline their interaction with clients, has raised $650,000 in seed funding from investors including MYOB co-founder and early Xero investor Craig Winkler.

Cloud accounting CEO tells start-ups: It’s time to get automated

8:21PM | Monday, 5 August 2013 |  Start-ups need to recognise no matter what product or service they offer, they’re technology companies and the key to growth is automation, says Marc Lehmann, chief executive of Australian accounting platform Saasu.

Australian payment system start-up acquires US technology and data assets

7:13PM | Wednesday, 17 July 2013 |  Melbourne-based payment system start-up Pin Payments has acquired the subscription payment management service and customer base of US-based Spreedly.