Xencio

Located in the heart of Europe, Austria offers an optimal base for our internationally orientated business. The great funding options as well as the support of institutions such as ABA – Invest in Austria and the Vienna Business Agency have turned out to be real USPs for the business location Austria. More and more skilled workers are drawn to Austria, because of it’s high living standard. This has helped us tremendously finding highly qualified employees for our company. We feel right at home within the steadily growing international ecosystem and easily built a network with local parties. One can feel the spirit and the will to grow into a bigger startup hub like Germany or Sweden. We hope, that by sharing our positive experiences, we can help attract more global talent to come to Austria.

Founded in 2015 in China, the FinTech company Xencio provides a software, which analysis cashflow with the help of artificial intelligence. The results should support small and medium sized businesses in making qualified decisions based on real-time data. With the help of the Xencio's Data-Analysis-Algorithm companies are able to shift investing their time from manual accounting to (further) developing their products or networking with their clients.

Xencio came to Austria as part of the GIN program and has set up its office inside the weXelerate in Vienna. In addition to the startup package provided by the Vienna Business Agency, Xencio also secured a funding by the FFG for the developing of a fully-automated accounting solution.

www.xencio.at