FinTech Xencio has come to Vienna to help SMEs

John Shen, Co-Founder of the Chinese FinTech Xencio, will be holding a talk about his Founder Journey at the upcoming FinTechWeek Vienna 2019. He told the Brutkasten in advance how he intends to help SMEs in Austria with their accounting and controlling. Originally Xencio was founded in Shanghai in 2015. “As part of the GIN…

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Xencio introduces intuitive Invoicing App YoInvoice

Xencio, a Viennese start-up, has had a very flourishing start since its inception in Austria. The company entered the FFG Basis Program and they were approved for an R&D project in Fully Automated Accounting. In addition, they were invited by many different banks, which included Austrian banks and the OP bank in Scandinavia. The OP…

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Xencio at 4Gamechangers is changing the game for SMEs

Xencio was honored to have been invited to speak on the main stage of the 4Gamechangers event “Europe meets Asia” this year in front of over 15.000 visitors (along with over 600 other prominent speakers like Austrian Bundespräsident Alexander van der Bellen). The event aims to connect and further inspire people who aim to change…

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Xencio unveils its Beta Program at TheVentury Demo Day

The young Start-up, Xencio GmbH, pitched their version for the future of accounting at the Demo Day of TheVentury (marking the end of a six-month-long Accelerator program they participated in). Xencio aims to change the mindset of Small and Medium-sized Enterprises (“SMEs”) towards their accounting tasks. Accounting usually proves to be a hurdle for a…

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Xencio receives approval for funding from FFG for a new automated accounting solution

Xencio manages to secure a considerable grant by the government-run FFG to advance its mission of empowering small businesses with an automated accounting solution. The Austrian Research Promotion Agency (“FFG”) mainly aims at promoting structural change in Austria by supporting selected promising projects. The seven-figure sum is used for further development of Xencio’s product, which…

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