Xero gets $4 million investment boost

Xero has announced to the NZX that US investor Peter Thiel is to put NZ$4 million into Xero, to support Xero's expansion into the US market.

Thiel is a co-founder of PayPal. The full announcement is available on the NZX website.

Xero investors were first told of the move on the company's website.

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Tags paypalxero

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