Xero, a publicly owned company headquartered in New Zealand, was founded in 2006 and employs approximately 5,700 individuals. The company specializes in software development, providing cloud-based accounting software for small and medium-sized businesses.
On April 23, 2026, Xero Ltd. highlighted the shift in ASX tech stocks, showcasing these changes through its cloud accounting, AI integration, and strong platform engagement, reflecting broader digital transformation trends across the Australian market.