Press release

Xubio Brings its Online Accounting Software to Mexico

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Sponsored by Businesswire

Xubio, the Online Accounting Software for small businesses in Latin
America, today announced the launch of its service for Mexico.

Since its launch in 2015, Xubio has managed to attract more than 10,000
small businesses and accountants, becoming the most used Online
Accounting Software in Argentina. Two years later, it launched in
Colombia and now Mexico joins its regional expansion plan.

Xubio helps to simplify the management of small businesses when making
electronic invoices, send budgets, obtain the financial position of the
company, its accounts receivables and account payables, its current
stock, financial reports, tax and accounting status, among others
functionalities. By using Xubio, its clients improve their decision
making, saving a lot of management team’s valuable time.

Being a software in the cloud, Xubio allows business managers and their
team to access it at the office, when they’re at home or from any other
remote location, from any device, always accessing the most up-to-date
information.

“In Latin America, the time a company must devote to meet its tax
obligations is easily double or triple that of in the United States or
Europe, and this generates a great need for tools that simplify their
work and operations.

But due to high complexity and prices of traditional software, the vast
majority of small companies in Latin America end up using spreadsheets
as their only accounting management tool. In Xubio we seek to help these
small businesses to simplify their work and help professionalize their
management,” said Fernando Arzuaga, Co-Founder and CEO of Xubio .

Thanks to its advanced technology, Xubio offers the use of its API and
has established alliances with MercadoLibre, TiendaNube, MercadoPago,
and PayU.

About Xubio

Xubio was born with the mission to simplify the work burden of small
businesses in Latin America, and help them grow. It provides a world
class product, with the most advanced technology and the best customer
service available in the region, at an affordable price, allowing
clients to simplify their work to focus solely on growing their
businesses. To learn more, visit us on xubio.com.