Xero signs 50,000th customer

CEO Drury hails 'big internal milestone', after break-even goal dropped in July

Xero has announced that it has signed its 50,000th customer.

In an statement posted on the NZX yesterday, CEO Rod Drury said: "50,000 is a big internal milestone for our team who have worked hard to deliver a fantastic customer experience."

The statement also notes that 40 percent of Xero's customers are outside New Zealand. Pushing into Australia, the UK and the US has been a major focus at Xero in the past year.

Earlier this year, Xero announced that it had abandoned a long-held goal to break even this year.

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