TechDay UK - The United Kingdom's technology news network

Global Stories

Govt issues $3m boost to Kiwi tech firms
Fintech

Govt issues $3m boost to Kiwi tech firms

Government launches new NZTE-led initiative to help New Zealand digital technology firms compete and grow globally, and lift exports further.

By Staff Writer • 3 min read • Thu, 31st Oct 2013
Xero brings Files to online accounting
Document Management

Xero brings Files to online accounting

Xero today claims to have dramatically improved accounting software for small businesses with the launch of Files.

By Staff Writer • 2 min read • Mon, 21st Oct 2013
Xero raises NZ$180m for global growth
Fintech

Xero raises NZ$180m for global growth

Company raises new capital from a range of US and New Zealand investors, including existing shareholders Matrix Capital Management and the Peter Thiel.

By Staff Writer • 2 min read • Mon, 14th Oct 2013
Xero sales gain 84% as cash on hand falls to $55m
Fintech

Xero sales gain 84% as cash on hand falls to $55m

Xero, the cloud-based accounting firm whose shares have soared 150 percent this year, said first-half sales almost doubled as it continued to chase cu.

By Pattrick Smellie • 2 min read • Thu, 3rd Oct 2013
Recruiting Xero hits 200,000 customers
Fintech

Recruiting Xero hits 200,000 customers

Company hits 200,000 customers, closes new channel deals and appoints three new executives - one of which was previous Microsoft New Zealand CTO.

By Staff Writer • 3 min read • Fri, 30th Aug 2013
Xero writes off $700k by ending Xero Personal…
Fintech

Xero writes off $700k by ending Xero Personal…

CEO Rod Drury reveals the company is discontinuing Xero Personal, the personal finance software, late next year - writing off $700,000 in the process.

By Staff Writer • 3 min read • Wed, 28th Aug 2013
Xero set to create 200 jobs
Fintech

Xero set to create 200 jobs

Xero continues its rapid expansion with over 100 new hires in the past three months and plans to create another 200 jobs by March 2014.

By Staff Writer • 2 min read • Thu, 4th Jul 2013

Stories from Other Regions

Xero becomes $3 billion company
Fintech

Xero becomes $3 billion company

Fresh from raising NZ$180 million of new capital from a range of US and New Zealand investors this week, cloud accounting firm Xero has become a $3 bi.

By Staff Writer • 1 min read • Fri, 18th Oct 2013
Xero shares halted pending outcome of capital raising
Fintech

Xero shares halted pending outcome of capital raising

Shares in cloud-based accounting software developer Xero have been halted pending the outcome of a capital raising.

By Pattrick Smellie • 1 min read • Sat, 12th Oct 2013
Xero receives offshore data storage approval for NZ customers
Fintech

Xero receives offshore data storage approval for NZ customers

New Zealand's Inland Revenue Department has approved Xero to hold records offshore, on behalf of the company's Kiwi taxpayer customers, in Xero's capa.

By Staff Writer • 2 min read • Tue, 17th Sep 2013
Drury claims zero US interest in Xero data
Fintech

Drury claims zero US interest in Xero data

Following growing customer concern regarding US access to cloud data, Xero CEO Rod Drury moves to allay the fears, insisting no access has been reques.

By Staff Writer • 1 min read • Fri, 23rd Aug 2013
Top cloud computing providers sign up to Code of Practice
Fintech

Top cloud computing providers sign up to Code of Practice

A selection of New Zealand's top cloud computing providers have signed up to the Cloud Computing Code of Practice in Auckland earlier today.

By Staff Writer • 3 min read • Thu, 15th Aug 2013
Xero adds 36k customers... predicts 80% sales rise
Fintech

Xero adds 36k customers... predicts 80% sales rise

Cloud-based accounting software firm added 36,000 customers since the end of March and is predicting an 80 percent pickup in annual sales as it contin.

By Pattrick Smellie • 2 min read • Fri, 2nd Aug 2013
Xero's burns cash as costs to grow run ahead of sales
Fintech

Xero's burns cash as costs to grow run ahead of sales

Cloud-based accounting firm burned through more cash last quarter as the company's rapid expansion saw wages, advertising and marketing payments run a.

By Pattrick Smellie • 2 min read • Wed, 31st Jul 2013
Xero: CloudCode demonstrates global leadership
Fintech

Xero: CloudCode demonstrates global leadership

NZ's Xero backs global cloud initiative, lauds new Code of Practice as a step forward for transparency in cloud computing.

By Staff Writer • 2 min read • Sat, 27th Jul 2013
Govt CTO? Yes or No?
Fintech

Govt CTO? Yes or No?

If you could make one change to improve the relationship between the New Zealand government and Kiwi businesses, would recruiting a Chief Technology O.

By Staff Writer • 3 min read • Fri, 26th Jul 2013
Topsy-turvy Xero explains share plunge
Fintech

Topsy-turvy Xero explains share plunge

Xero's stock drops 23% in six days but attributes the decline to high volatility and reassures investors of its growth strategy.

By Staff Writer • 1 min read • Fri, 19th Jul 2013
Drury's paper fortune hits $388m as Xero cracks $2bn market cap
Fintech

Drury's paper fortune hits $388m as Xero cracks $2bn market cap

Cloud-based accounting software firm has doubled its market capitalisation in just four months, rising above $2 billion today, having still to turn a.

By Pattrick Smellie • 2 min read • Fri, 5th Jul 2013