Visma, a leading provider of mission-critical software in Europe and Latin America, announces the acquisition of Xubio, a modern cloud ERP solution for the SME-segment that helps entrepreneurs run their businesses in an easy and effective manner.
Xubio allows management of everything from electronic invoices, budgets and finances to accounting and taxes, as well as integrations with leading e-commerce platforms like MercadoLibre, MercadoPago, TiendaNube, MercadoShops and WooCommerce.
“We are very happy to start 2023 by inviting a company like Xubio into the Visma group, adding a highly competent team and increasing our customer community with 50,000 businesses that are currently managed in Xubio's cloud platform”, says Álvaro Capobianco, Managing Director of Visma for Latin America.
Xubio was established in 2015 with the mission of simplifying the work of small businesses and helping them grow, professionalising their management with modern technology, improving decision-making and saving time. In 2021 and 2022, Xubio was recognized as one of the “Top Startups” in Argentina by Linkedin.
Matching cultures
Fernando Arzuaga, CEO and co-founder of Xubio, stated: "For us it is truly a privilege to join Visma, one of the leading software companies in Europe and Latin America. Additionally, we were delighted with Visma’s culture and team, so we are happy to start working together and learning from each other.”
In line with Visma’s purpose, the acquisition of Xubio will contribute to helping thousands of SME’s and entrepreneurs optimise their businesses through digital transformation.
“We are rapidly strengthening our position, now offering an accounting solution with the support of a wide network of more than 6,000 accountants who have chosen Xubio to manage their clients in Argentina, Colombia and Mexico”, says Capobianco.
For more information, please contact:
Lage Bøhren, Head of Communication +47 921 57 801
About Visma
Visma is a leading provider of mission-critical cloud software, with revenue of € 1.73 billion in 2021, 14,000 employees and 1.4 million customers across Europe and Latin America. By simplifying and automating the work of businesses and organisations of all sizes, we enable a more efficient and prosperous society. Visit us at visma.com.
