Bank Statement Converter

Bank Statement Converter

bankstatementconverter.com·Hong Kong SAR China·Updated Jul 20, 2025

A SaaS tool that converts PDF bank statements into Excel/CSV spreadsheets for easy financial analysis.

SaaSProductivityFintech

Est. Valuation

$2.4M

$2,400,000 · 5× ARR estimate

Monthly Revenue (MRR)

$40K

$40,000/mo

Annual Revenue (ARR)

$480K

$480,000/yr

Employees

1

Founded

2021

Bank Statement Converter Revenue History

Revenue history for Bank Statement Converter from 2025 to 2026.

YearMRRARRYoY GrowthSource
2025$40,000$0Jul 2025

How Bank Statement Converter Makes Money

subscriptions

Bank Statement Converter Funding

Bank Statement Converter is fully bootstrapped with no outside funding. The company has grown to $480,000 ARR organically.

Bank Statement Converter Founders

Angus Cheng

Founder

Bank Statement Converter FAQ

How much does Bank Statement Converter make?
Bank Statement Converter generates $40,000 in monthly recurring revenue (MRR), which is $480,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is Bank Statement Converter's valuation?
Bank Statement Converter's estimated valuation is $2,400,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Bank Statement Converter?
Bank Statement Converter was founded in 2021 by Angus Cheng (Founder). The company is based in HK.
Is Bank Statement Converter bootstrapped?
Yes, Bank Statement Converter is fully bootstrapped with no outside funding. The company has grown to $480,000 ARR organically as a solo-founder business.
What does Bank Statement Converter do?
A SaaS tool that converts PDF bank statements into Excel/CSV spreadsheets for easy financial analysis. Bank Statement Converter operates in the SaaS, Productivity, Fintech space.

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How We Estimate Bank Statement Converter's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.