Receipt Bank has purchased Xavier Analytics, a portfolio company of SETsquared Bristol.
Xavier Analytics, a UK-based accounting software developer that was supported by multi-university enterprise partnership SETsquared, has been acquired by digital accounting platform Receipt Bank for an undisclosed amount.
Xavier Analytics has developed tools to clean up accounting data, facilitate bookkeeping and ensure compliance by automatically identifying miscodings, tracking liabilities and detecting unwanted changes to historical data.
The company was formed by accounting agency FD Works in partnership with web development agency Hatch Apps and joined SETsquared Bristol shortly…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
