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Xero buys Aussie start-up to get into small business financing

Yolanda Redrup
Yolanda RedrupRich List editor
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Cloud accounting software giant Xero has acquired Sydney-based fintech Waddle for an upfront sum of $31 million, as it expands its platform into small business financing.

Xero CEO Steve Vamos has made the company's seventh acquisition, buying fintech Waddle. Brook Mitchell

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
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    Original URL: https://www.afr.com/technology/xero-buys-aussie-start-up-to-get-into-small-business-financing-20200825-p55p0x