Announced
Financials
Sources
Tags
Friendly
Private
Majority
Consumer Lending
Single Bidder
Australia
lending platform
Acquisition
Pending
Synopsis
Xero, an accounting software company, agreed to acquire Waddle, a cloud-based invoice lending platform, for $57m. "The acquisition of Waddle is an important step in our strategy to help small businesses better manage cash flow and gain access to working capital," Steve Vamos, Xero CEO.
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