back Back

Xero acquires Swedish e-invoicing platform Tickstar

By Megha Bhattacharya

March 24, 2021

  • Sweden
  • Xero
Share

xeroXero has announced the acquisition of Stockholm-based e-invoicing infrastructure business Tickstar, driving the adoption of cloud accounting around the world. Tickstar’s technology provides Xero customers in Australia, New Zealand and Singapore with access to a well-established e-invoicing network that enables faster and more secure transactions.

Xero’s Chief Product Officer, Anna Curzon, commented, “The acquisition of Tickstar is an important step in our strategy to help small businesses digitise more of their workflows and get paid faster using cloud-based technologies. As more governments around the world adopt e-invoicing, Tickstar’s technology will help our customers comply with existing and future legislation and realise the many benefits that e-invoicing brings.”

The company will leverage Tickstar’s technology to support its e-invoicing functionality. It will also support the continued delivery of Tickstar’s e-invoicing infrastructure services through the Galaxy Gateway brand to both its existing and new customers, alongside its consulting services.

Recently, European small business lender iwoca announced a UK-first integration with small business platform Xero. iwoca’s invoice checkout – iwocaPay will be integrated into Xero’s platform for enabling small businesses to provide a Pay Later option to their business customers. The collaboration will allow iwocaPay to be directly accessible in Xero. Xero, also announced a partnership with Nedbank, a leading bank in South Africa, to launch South Africa’s first fully digital direct API enabled bank feed.

Previous Article

March 24, 2021

4 top neobanks in the Middle East to keep an eye on

Read More
Next Article

March 24, 2021

Payment expert Nuvei accelerates payouts with Mastercard Send

Read More










IBSi Daily News Analysis

Euro

June 01, 2023

Sweden

With ECB nearing its launch, could Digital Euro become a reality?

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Payhawk unveils new Enterprise Plan in partnership with Microsoft

Read More

Today

Tuum partners with RegTech Fourthline on KYC, AML Compliance

Read More

Today

BNY Mellon to establish Global AI R&D Hub in Dublin

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q1 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2023

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q1 2023

£1,500.00 / year

Know More
Treasury & Capital Markets Systems Report Q1 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022