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Xero Bring Buy Now

“Can Xero extend its accounting platform into a financial services hub for SMBs by embedding BNPL, lending, and payments directly into the tools small businesses already use to manage their finances?”

HQWellington, New Zealand
IndustryHorizontal SaaS / Accounting

The story

This analysis covers the specific Xero-Klarna BNPL partnership ('Xero Bring Buy Now Pay Later'), not Xero as a whole company. The initiative embeds Klarna's BNPL infrastructure into Xero's accounting and invoicing platform, allowing small business Xero merchants to offer instalment payment options to their customers while receiving funds upfront. Evidence is limited to the Klarna BNPL partnership and peripheral Xero ecosystem integrations; broader Xero company history is not the subject of this report.

Last 12 months

2023

Xero and Klarna announced partnership to bring Buy Now, Pay Later to small businesses using the Xero platform; Klarna integration not available to Xero customers in Australia.

2023

Bourn, a UK fintech, launched integration with Xero App Store to deliver embedded working capital solutions (receivables-backed Flexible Trade Account) to SMEs via Xero accounting data.

Product timeline

2023

Xero partnered with Klarna to enable small business merchants on the Xero platform to offer Buy Now, Pay Later as a payment option to their customers.· lending

The stack

Lending

Buy Now, Pay Later (BNPL) for small business invoicesEmbedded BNPL via Xero invoicing

Accounting

Xero (native)

Accounting gap: none