Same team. New accounting engine.

We've been bringing AI to accounting since 2024.

We started with a narrow, stubborn problem: converting bank statements and financial PDFs into clean accounting data should be a one-click job, not a one-hour job. We brought that to life with BadBank.ai.

That was always step one. Along the way we processed statements in 36+ currencies — millions of dollars of client labor saved — with conversions into QuickBooks, Xero, and Sage. FinStat is where we were headed all along: the same team, continuing the mission to bring AI to accounting. FinStat is not a new team borrowing an old proof point.

Your AI can finally call a real accounting system.

AI accounting is not an accounting problem — it is an AI engineering, architecture, and mathematics problem. FinStat's accounting core is built on mathematics that makes balanced entries, closed periods, and source-tied numbers properties of the system rather than hopes. Text completion alone can't do that. Model Context Protocol changed the shape of the product: a general-purpose assistant can now call into a real accounting engine instead of pretending.

The same mathematics redefines the chart of accounts itself. In FinStat a COA is a model, and your books are a projection of the transaction data onto it — so one workspace can carry several COAs simultaneously. A management view, an investor view, a tax view, sister companies, a household and a small business sharing one bank account: each is its own clean, reconciled set of books, projected from the same underlying transactions.

The user stays in Claude Code, Codex, Cursor, Grok Build, or Claude Desktop with Cowork. FinStat does the accounting work behind the tool call.

Real industry folders, not generic claims.

The industry pages show it: restaurants with Toast and DoorDash payouts, salons with Venmo and Square, churches with designated gifts, contractors with draws and 1099s, and bookkeepers with multi-client retainers.

The full AI-native accounting system.

FinStat takes you from the messy folder to review-ready books — parsing, chart of accounts, journals, reconciliation, reports, and exports — all as MCP tools your AI calls, with every number tied back to its source. Patents pending.