Xero (ASX:XRO) intensified its global growth narrative during a high-stakes investor briefing on Feb. 3, showcasing a future anchored in artificial intelligence and a revitalised US payments strategy.
CEO Sukhinder Singh Cassidy detailed how the company is evolving from a "system of record" into a "system of action," powered by JAX, Xero’s suite of generative AI agents.
Currently, over two million subscribers utilise Xero’s AI features, with early adopters saving an average of 22 hours per month through automation.
The efficiency is central to Xero’s goal of capturing the vast small and medium business total addressable market, particularly as it eyes monetisation of new AI tools starting in FY27.
A critical pillar of this expansion is the integration of Melio, the US bill-pay platform acquired in late 2025.