Flare has been acquired by MYOB

Fintech news and information

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Commenting on Flare's Linkedin Page:

"We're thrilled to announce today that Flare has been acquired by the leading Australian business management platform MYOB.

At Flare, we've been a proud partner of MYOB for the last two years. This acquisition will fast-track our ambition to be Australia’s most comprehensive and innovative workplace financial services and benefits solution, accessible to any employer in Australia.

MYOB’s investment in Flare will help supercharge our mission to help every business make pay and benefits fair for every worker – and will allow us to explore innovative territories even faster than before.

For MYOB, Flare will extend its platform far beyond accounting to solve diverse problems for SMEs and the one-in-three Australian workers they employ. We think that is a huge win for Aussie businesses and their employees.

Flare will continue to operate as a standalone business, and we look forward to continue working with all our clients and partners as we enter this next exciting stage of growth."