We’re pleased to welcome Xero, the global cloud accounting platform, as the latest organisation to join Perseus.

With over 5 million customers worldwide, Xero is a leader in cloud accounting across New Zealand, Australia and the UK, bringing valuable expertise in supporting SMEs through connected digital tools and services.

As part of Perseus, Xero will contribute to a coalition of like-minded industry leaders exploring how trusted, interoperable data-sharing can simplify sustainability reporting for SMEs. With Perseus targeting a £5–10bn opportunity in embedded sustainable finance, the collaboration reflects the wider evolution of Smart Data and Open Finance in the UK and beyond, creating more connected, efficient ways for organisations and individuals to share and use data securely.

“Project Perseus is a practical example of how Smart Data can solve real problems for small businesses. Xero sees value in work that helps create trusted, interoperable approaches to emissions and sustainability data, making reporting simpler and helping build stronger foundations for better access to finance and future Open Finance innovation.”

Stuart Miller
Director, Public Policy & Technology Research, Xero