This news from Xero!

Date: 1st June 2011

Today alongside our annual results we announced Xero has processed in excess of $35 billion of transactions – $36,742,064,684.47 to be exact!

Frankly the number amazed us when we saw it. We think it’s an important number as it shows that online business systems are well past the start up phase. SaaS is being adopted and has become an important part of the FinTech industry.

What could you do with that sort of money? To help put $36,742,064,684.47 into perspective it’s enough to buy LinkedIn several times over (a few less than yesterday), produce Avatar 96 times, or produce 100 solid gold elephants – the big kind.

Posted on the Xero Blog by Rod Drury May 20th

Posted in: Latest News