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Barclays joins with Xero to help small businesses

Posted 5 years ago in Platform by Gary Turner
Posted by Gary Turner

Xero and Barclays are partnering to give small businesses and their accountants easier access to the services and funds they need to manage and grow their business.

Coming soon, the addition of Barclays to Xero’s growing list of strategic banking relationships shows how the financial web is evolving. Xero now works with more than 75 of the best financial institutions across NZ, Australia, UK and USA.

Banks Feeds in the UK

In the UK, five of the top six banks will have direct feeds to Xero, and Lloyds is in the pipeline. This gives us coverage for over 90% of UK’s small businesses.

The announcement, made in front of more than 1,300 accountants and partners at Xerocon in London, demonstrates Xero’s ongoing commitment to automating small business financial management and shows these large institutions recognise the role Xero has to play in the global financial technology sector.

Using real-time flows of financial data and automation, Xero takes care of tasks like reconciling transactions, managing payments and chasing invoices, empowering small business owners to spend less time on the books and more time growing their businesses.

Powering the world’s financial web for small businesses is a big goal for Xero which now has more than 600,000 customers using our platform.

You can read more about the next wave of the global Financial Web on Medium.

One comment

Roger King
March 1, 2016 at 9.09 am

Couple of questions:

So Barclays feeds is out of Beta now?

Also since the feeds only come in daily can we still use the passcode generator thingy to do an adhoc refresh of the feed during the day?

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