Xriba offers a protocol and API layer that integrates decentralized payment services with business accounting systems, eliminating the need for manual reconciliation. This integration enhances the accuracy and efficiency of financial reporting, allowing businesses to streamline their accounting processes.
Funding
$16M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Micro and small businesses often struggle with inefficient financial management due to manual processes in accounting, reconciliation, and tax optimization. Existing accounting systems may not seamlessly integrate with modern decentralized payment methods, leading to errors and increased administrative overhead. This lack of integration hinders informed decision-making and growth potential for entrepreneurs.
Solution
Xriba provides a suite of software solutions designed to streamline financial management for micro and small businesses. The platform offers tools for electronic invoicing, accounting, cash flow monitoring, and data analysis, all integrated into a single system. Xriba also facilitates access to tax credit markets, enabling businesses to potentially reduce their tax liabilities. By automating key financial processes and providing insights into business performance, Xriba aims to empower entrepreneurs to make more informed decisions and achieve their growth objectives.
Target Audience
Xriba primarily targets micro and small business owners seeking to improve their financial management processes, as well as accountants looking to streamline their work with small business clients.
Features
- Electronic invoicing and accounting modules for simplified bookkeeping
- Cash flow monitoring tools to track income and expenses
- Data analytics dashboards providing insights into business performance
- Integration with tax credit marketplaces to optimize tax liabilities
- Xriba Gestionale: Business management software
- xTesoreria: Treasury management software