Xero passes quarter million subscribers in UK

Company News

by Jessica Amir

Xero (ASX:XRO) the cloud accounting software company, has surpassed a quarter of a million subscribers in the UK.

Xero says exceeding its milestone extends it market leading position in the UK, Australia and New Zealand.

The company also announced its deepening its partnerships in England with HSBC and Banco Santander, which paves the way for an enhanced banking service platform.

The company says the strength also shows the support from accountants, bookkeepers and small businesses.

Shares in Xero (ASX:XRO) closed 1.11 per cent higher yesterday $28.36.
 

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?