Xero reaches 200,000 customers

2nd September 2013

At its annual Australian Xerocon conference in Sydney, small business accounting software company Xero Limited (XRO) announced it has reached the milestone of 200,000 paying customers globally, up from 157,000 at 31 March 2013. This is up from 100,000 only 13 months earlier, and 50,000 just 10 months before that.




The company’s strong Australian momentum continues with paying customer numbers for the country reaching 75,000, up from 51,000 at 31 March 2013. Xero now employs 90 staff in Australia across Melbourne, Sydney Canberra, Perth, and Brisbane.

“It’s fantastic to achieve a new Australian milestone of 75,000 customers ahead of our largest Xerocon ever,” says Xero Australia Managing Director Chris Ridd. “The second half of FY2014 promises even greater growth as we commence our first advertising campaign in Australia. We expect to see increased industry adoption and expanded market share.”

Xero continues to extend its products and services successfully launching the first phase of the Xero Australian tax solution which saw Over 8,000 TFN declarationslodged to the Australian Tax Office using Xero Tax released on August 5th. 

Capitalising on its success of Xero‘s fast growing Practice Studio platform to accountants it has chosen to expand its implementation channel with Change GPS (a fully owned subsidiary of Change Accountants & Advisors), who are a consultancy practice to the accounting profession. Xero has also announced new partnerships with Microsoft certified partners Combo and Paradyne to assist accountants with migration and deployment of Office 365.

Xero continues to build up its head office management team in Wellington to support its growth plans and has announced a number of senior appointments including Jonathan Allan – GM Marketing and Mark Rees – Head of Platform Architecture, as well as the UK appointment of David Wills – GM Operations.