Xero (ASX:XRO) secured a multi‑year agreement with New Zealand Rugby, supporting the All Blacks and Black Ferns, the technology company said in a statement on Wednesday.
The company will become the official small business accounting platform partner of New Zealand Rugby under the deal, the statement said.
Additionally, the company will provide a discounted "All of Rugby" license to support clubs, provinces and rugby organizations with financial management and productivity, per the statement.
The company's shares were up nearly 1% in recent Wednesday trade.