Xero, the global small business platform, has today announced it is opening a new º£½ÇÊÓÆµ office in Manchester as it expands its operations to meet growing customer demand. This will be Xero’s third º£½ÇÊÓÆµ office and will bring its global footprint of offices to 20 cities.
The new Manchester office will open in November creating up to 40 new jobs by early 2020.
This will complement Xero’s existing offices in London and Milton Keynes which number more than 350 employees.
Bosses said the additional employees and a new office demonstrates the company’s strategic importance and investment in this key market for Xero, which has seen its º£½ÇÊÓÆµ subscribers grow by 48 per cent in the year to 31 March 2019 to more than 463,000.
Gary Turner, co-founder and managing director at Xero º£½ÇÊÓÆµ said: “With the growth we’re experiencing in the º£½ÇÊÓÆµ, a new office opening is the logical step to ensure we are best placed to serve our small business customers and accounting and bookkeeping partners.
“With more and more small businesses and their advisors using Xero, it was clear we needed to expand and Manchester is the perfect fit for us.
"It has a vibrant tech scene buzzing with entrepreneurs, academic strength, as well as strong transport links.
"The city gives us a great opportunity to attract the best talent as we start recruitment here.”
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Xero has chosen Manchester because of its strong talent pool and thriving small business community.
The company already works with tens of thousands of small businesses in the North of England - with small businesses making up the vast bulk of the northern º£½ÇÊÓÆµ economy.
Mo Aldalou, entrepreneur engagement manager for the North West at Tech Nation, said: “Manchester has long been hailed as an emerging Fintech hub and Xero’s decision to open its third º£½ÇÊÓÆµ office in the city is a major win for both the company and the ecosystem here.
“Companies expanding to Manchester can enjoy access to a growing pool of technical talent and an incredibly collaborative ecosystem, which at Tech Nation we are proud to be a part of.”
The new office will be located in SPACES Peter’s House in the heart of Manchester’s fast growing fintech and tech hub.