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XERO TOPS 100K U.K. SUBSCRIBERS Featured

New Zealand-based Xero says it now has 100,000 subscribers for its cloud-based accounting software in the United Kingdom. In a prepared statement, CEO Rod Drury said this week the company had 30,000 subscribers in that country two years ago.
The most recent global figure was 540,000, a number released this summer. In August, Xero said it had 250,000 subscribers in Australia and 150,000 in New Zealand.

Australia became its strongest country in the last year. Xero had 109,000 customers in Australia early in 2014 so its growth there has also been rapid. The company does not break out totals for the United States. Those are included in North American figures, which were shown at 35,000 subscribers when Drury made a presentation during the Xero annual shareholders' meeting in July. We'll know Xero is reaching its goals when it starts releasing U.S. figures.

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