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Xero co-founder buys into accounting platform

Henry Burrell
Fri, 03 Sep 2021

Hamish Edwards still holds shares in Xero. (Image: Supplied)
Henry Burrell
Fri, 03 Sep 2021
Xero co-founder Hamish Edwards has taken a 19% stake in an accounting business that he insists is not a direct rival to Xero.Edwards will also have an advisory role to the board of eAccounts Global, a cloud accounting and enterprise resource planning (ERP) software company founded in 2004. “The reason I quite like it is because, well, number one it’s accounting software,” Edwards told BusinessDesk.He said he wouldn’t have invested in a company that directly competed with Xero given he was still a reasonably signific...

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