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Bankstatemently vs Payset

A side-by-side comparison built from both listings. Blank cells mean the company has not given that detail; we never guess.

Bankstatemently compared with Payset
DetailBankstatemently logo BankstatementlyPayset logo Payset
What it doesBank statement converter with 99.9% accuracy, backed by an open-source benchmark. Convert PDFs to CSV, Excel, QuickBooks, or Xero. Multi-currency business accounts for fast international payments and smarter FX
StageStartup Established
Founded2025 2018
Based inSG GB
Pricing modelFreemium Freemium
PricingNot given Account opening: free. Receiving funds: from £2 locally, up to 0.4% (min £10) internationally. Sending funds: from £2 locally, up to 0.4% (min £12) internationally. Currency exchange: as low as 0.09%. CHAPS transfers: from £14-£15. Urgent payments: from £20. Monthly access fee may apply based on ris
Key features
  • Convert PDF bank statements to CSV
  • Convert PDF bank statements to Excel (XLSX)
  • Convert PDF bank statements to QuickBooks (QBO)
  • REST API with structured JSON output
  • Dual-engine processing: deterministic rules + AI validation
  • 99.9% accuracy with audit-ready verification
  • Support for 398+ banks across 46 countries
  • Support for 15 languages
  • Bulk bank statement processing
  • Send and receive in 34 currencies
  • Exchange up to 38 currency pairs
  • Local IBANs in five regions (UK, Europe, US, Singapore, Hong Kong)
  • Team management with permission controls
  • Multi-signature approval for transactions
  • Spending rules per user
  • 24/7 account security
  • Two-factor authentication
  • Multiple payment networks (SWIFT, SEPA, ACH, Fedwire, Faster Payments)
  • Quick onboarding (1-3 business days)
What makes it different
  • Financial Memory feature allowing queries across all converted statements through Claude, ChatGPT, or API
  • Solopreneur-built by fintech founder with direct customer support
  • FCA-regulated electronic money institution with segregated safeguarding
  • Personalized support through multiple channels (phone, email, live chat, WhatsApp)
  • Serves 70+ countries with local payment networks
Free planNot given Not given
Open sourceNot given Not given
PlatformsNot given Not given
Public APINot given Not given
Community votes00
DR (Domain Rating by Ahrefs)4 no change since last check39 no change since last check
Trust Flow (Majestic)529
Citation Flow (Majestic)3022
Referring domains (Majestic)282701

7 details filled in for both companies.

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