Yolly.io (formerly Xencio GmbH) promises to revolutionize how SMEs handle financial management through its innovative platform. Founded in 2020, the company is headquartered in Austria and operates within the Financial Services and Fintech industries.
Positioned as a “financial GPS” for small business owners, Yolly leverages the EU's Open Banking directive to streamline financial processes, offering tools for financial planning, management, and real-time advisory. The platform is designed to alleviate the burdens of repetitive administrative tasks, enhancing operational efficiency for its users.
The startup's capabilities are further enhanced by its standalone invoicing tool, originally found under Yoinvoice.com. On 07 September 2022, Yolly.io secured a $100.00K Pre Seed Round investment led by Expert DOJO, signaling strong initial investor confidence in its vision and product offerings.