Xero news and trends

Digits Debuts AI Accounting Tool and Welcomes Xero Co-Founder
Back-office // March 10, 2025

Accounting technology company Digits has debuted its artificial intelligence (AI)-driven autonomous general ledger (AGL). The new offering, unveiled Monday (March 10) after five years of development, is designed to automatically categorize transactions, reconcile accounts, and deliver real-time financial insights, the SoftBank-backed company said in a...

NMI Embeds Payment Functionality Into Popular Accounting Software
B2B Payments // January 23, 2025

Embedded payments infrastructure provider NMI has launched a new extension for use with its NMI Payment Gateway that embeds payment functionality directly into popular accounting software like QuickBooks and Xero. This new extension, Bill Connect, is powered by Biller Genie, NMI said in a Thursday...

This Week in B2B: Junking Clunky Systems and Embracing Innovation
B2B Payments // September 26, 2024

Where the consumer space is nimble and flexible, the B2B landscape can be comparatively stiff. But when momentum builds in B2B, it can be hard to stop. And that’s what is happening — as new tech continues driving massive gains across the B2B landscape by...

Klarna Teams With Xero on BNPL for Small and Microbusinesses
Buy Now Pay Later // September 25, 2024

Klarna and Xero partnered to enable the users of Xero’s small business platform to offer their customers a buy now, pay later (BNPL) option. With this option, small businesses can get paid up front while their customers can pay over time without high interest rates...

Interviews & Exclusives
FinTech IPO Index Gains 2.5% Amid SoFi Earnings and DeFi Development’s Private Placement

May 02, 2025
Earnings season is not yet in full swing for the FinTech IPO Index, which gained 2.5% through the week. SoFi was the earnings-related standout, with shares up 1.6%. As PYMNTS reported in its coverage of the earnings results, the company added 800,000 new members and 1.2 million new products, representing 34% and 35% year-on-year growth, […]

CE 100 Index Off 0.9% as Cogent’s Slide Blunts Communication Pillar Gains

March 11, 2024
The Fed held sway this past week as the guessing game about when — or whether — the central bank will cut rates continued. Fed officials seemed to indicate that...

Xero: AP Automation Makes Big Difference for Small Businesses to Fight Fraud, Unlock Efficiencies

January 10, 2022
Manual invoices continue to be a pain point for many businesses. They tend to be costly, inefficient and prone to human error, and the pandemic has only exacerbated many of...

Quick Reads
Digits Debuts AI Accounting Tool and Welcomes Xero Co-Founder

March 10, 2025
Accounting technology company Digits has debuted its artificial intelligence (AI)-driven autonomous general ledger (AGL). The new offering, unveiled Monday (March 10) after five years of development, is designed to automatically categorize transactions, reconcile accounts, and deliver real-time financial insights, the SoftBank-backed company said in a news release. In addition to the new product launch, Digits […]

NMI Embeds Payment Functionality Into Popular Accounting Software

January 23, 2025
Embedded payments infrastructure provider NMI has launched a new extension for use with its NMI Payment Gateway that embeds payment functionality directly into popular accounting software like QuickBooks and Xero....

Klarna Teams With Xero on BNPL for Small and Microbusinesses

September 25, 2024
Klarna and Xero partnered to enable the users of Xero’s small business platform to offer their customers a buy now, pay later (BNPL) option. With this option, small businesses can...

Xero to Add BILL’s AP Capabilities to Small Business Platform

February 29, 2024
Xero, a global small business platform, will enhance its accounts payable (AP) capabilities for its U.S. customers through a new partnership with BILL, a financial operations platform for small and...