Xero Founder Rod Drury Back with New Start-Up
Xero founder and former CEO New Zealander Rod Drury is back in the tech scene with a new venture, Atomic.io. It is his first software-as-a-service investment since stepping down from the top job at…
Tag Archives: Xero
Growing Wave of NZ Firms Set up Shop in Colorado
More than two dozen New Zealand firms, many start-ups, have set up shop in the Colorado cities of Denver and Boulder in recent years, making the region a launching pad for their American ambitions,…
Xero’s Steve Vamos Leads Staff Through Pandemic
Head of Wellington-based accountancy software group Xero, Steve Vamos, 62, strives to create an environment where staff do ‘great work’. The tech veteran recently spoke to Financial Times correspondent Jonathan Moules over a video call about…
Xero Hits 1 Million Subscribers in AU & NZ
“Listed cloud accounting software provider Xero has hit its next major milestone, surpassing one million subscribers in Australia and New Zealand,” writes Yolanda Redrup in an article for The Australian Financial Review. “Speaking to…
British and US Migrants Flock to New Zealand
The number of American and British residents choosing to live in far-flung New Zealand has risen sharply since the election of Donald Trump and the UK’s Brexit vote, according to new migration figures. The…
New Zealand’s Tech Industry Boots Up
Majestic scenery, adventure tourism and agricultural products may be central to New Zealand’s international image, but technology and digital exports are growing fast, prompting industry calls for greater recognition, David Brooks reports for Nikkei…
Winning Like The All Blacks
New Zealand “is small in size and population, but vast in talent and its position on the global scale,” writes Rajeev Gupta in an article published on
Wellington – The High-Tech Capital Of Asia Pacific
“Wellington is emerging as a rival to Sydney and Melbourne as the start-up hub of the Asia-Pacific region, with the New Zealand city positioning itself as a powerhouse for high-tech start-ups in fields such…
Xero’s Rod Drury Promotes the Global Ecosystem
“As the world becomes more tribal, global platforms, which enable the flow of global commerce, will help build communities, foster understanding and deliver economic prosperity,” Xero founder and chief executive officer, New Zealander
Xero’s Rod Drury on Succession Plans
Succession planning is critical to the ongoing health and longevity of a company. New Zealand-based software company Xero’s succession plans were put to the test with the unexpected announcement that chairman, Chris Liddell, was…
Rod Drury: “London’s Fintech Scene Is ‘World Class’”
Rod Drury, “the CEO of £1.4 billion accountancy software giant Xero says London is a world leader in fintech — financial technology — and will remain that way post-Brexit,” reports Oscar Williams-Grut in an…
How Xero Made It By Doing Everything Backwards
“It’s rare for a startup to go public almost within one year of being founded. But then again, how many startups do you know from Wellington, New Zealand,” writes Ariel Bogle for
Xero Scores New Strategic Partnerships
New Zealand cloud accounting firm Xero has used its annual Xerocon conference to announce a host of new partnerships and tools, and says it has passed 250,000 paying customers in Australia. CEO and founder Rod…
New-Zealand based start-up Xero raises $110M Round
New Zealand based cloud accounting software vendor Xero has announced a $110 million funding round from Silicon Valley venture capital firm Accel Partners and Matrix Capital Management. Xero has long stated that the US market…
Monocle Explores the Length and Breadth of NZ
From the gently bustling streets of Auckland to the highest and most isolated peaks of the South Island, in this month’s Monocle regional survey, the magazine has explored the length and breadth of New…
Asians Flocking to New Zealand for a Better Life
New Zealand’s vibrant economy and tranquil lifestyle are attracting more migrants from Asia and elsewhere, with 40,000 newcomers expected to settle in the country this year. When Elzerie Alcaide (pictured), 33, moved to Wellington from…
Richard Branson Hosts New Zealand Scientist on Private Island
A New Zealand scientist has spent a week with Richard Branson on his private Caribbean island playing chess, eating sushi and discussing technology and sustainability. Auckland University lecturer Dr Michelle Dickinson was one of eight…
Some of the Best Technology Talent in the World
Bringing New Zealand tech whizz kids to Silicon Valley for a summer of work experience at startup company Pertino is part of CEO Craig Elliot’s plan to strengthen the global IT community. Elliott, who was…
American Focus on New Zealand Start-Ups
Rod Drury has revealed his secret for New Zealand’s start-up success: “global from day one”. Xero founder and entrepreneur Rod Drury told the Wall Street Journal that New Zealand’s small domestic customer base means the…
World’s Number One Innovator: Xero
Influential US business media Forbes has declared New Zealand start-up Xero as the world’s most innovative growth company, beating out much bigger and well-established companies, ASOS and NetSuite. The Wellington-based cloud accounting firm, which has…
Peter Thiel Invests Big in POS Software Provider Vend
New Zealand point of sale, cloud-based software provider Vend has new investors – Peter Thiel, the PayPal cofounder and the first outside investor in Facebook, is among a group that has agreed…
Xero Eyes 29 Million US Small Businesses
Wellington-based accounting software maker Xero signals a major push in the United States market, with appointment of former and current executives from Microsoft, HP and PayPal in a move analysts say could foreshadow a…
Kiwis Make Accounting Sexy
The accounting software industry is not known as the sexiest business sector. But New Zealand cloud accounting software provider Xero is, Reuters reports, bringing spice and drama to the world’s greyest profession. “Oh, yeah, we’re…
Xero Further Expands into US
New Zealand-based online accounting software company, Xero has opened a Denver-area office as part of its US expansion. The local office, in the Denver Tech Center, will be Xero’s fourth in the US. The Wellington…
Kiwi Equities a Good Bet for Global Investors
The New Zealand growth story is attracting strong international interest in Kiwi equities as investors seek to escape volatile markets in Asia and low global interest rates. The Wall Street Journal reports that the…
Stirring Up the US Market
“Challenging older, slower companies is all in a day’s work to many technology start-ups – and nowhere more so than in New Zealand,” says dual Canadian/New Zealand citizen Andrew Ferrier, currently the chair of New…
Compelling Business Software
New Zealand-based small business accountancy software developer Xero has recently expanded its footprint to the United States. Business Insider reporter Ramon Ray talks to the president of the company’s American operations Jamie Sutherland. “Xero is first…
Talent Spotting Down Under
“There’s a lot of incredibly talented people in New Zealand,” legendary American venture capitalist Peter Thiel told the New Zealand Herald recently. “You look around and you see the small businesses and it’s very…
Webby Award Success
Wellington-based online accounting software provider Xero and Auckland-based mobile advertising agency The Hyperfactory won eight awards at the 13th Annual Webby Awards in New York. The Hyperfactory dominated the mobile advertising category with six…
Xero on the Money
A NZ online accounting software company has won the inaugural International Technium Challenge, a business planning competition sponsored by International Business Wales. Wellington-based Xero beat 19 entries from five other countries, winning the opportunity to open…
