Xero has doubled its global customers over the last 13 months. The company has 200,000 customers, which it calls a milestone.
That's an increase from 157,000 at the end of March.
Xero also says it's had strong growth in the Australian market.
Customer numbers there have risen almost 50% in the last five months to $75,000 and it has 90 employees.
Xero has also appointed three new executives to its management team in Wellington.