Xero is a New Zealand-founded cloud accounting platform designed for small and medium businesses and their accountants. It provides bookkeeping, invoicing, payroll, bank reconciliation, and financial reporting in a clean, modern interface. Xero has 4M+ subscribers across 180+ countries and is listed on the ASX (Australian Stock Exchange). It competes with QuickBooks Online and is the dominant accounting platform in the UK, Australia, and New Zealand.
IPO details
IPO date
Tue Jun 05
IPO price
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First-day close
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IPO valuation
$26.8B
Market-data summary
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Data last checked Wed Sep 30. Optional market data is not yet available where shown as —.