Dext

About Dext

Financials

Dated, source-cited figures. Estimates are marked.

Products by Dext

All products by Dext reviewed by our AI panel of experts.

DextAI Document Processing

Automated bookkeeping data capture for accountants and businesses

From $24/mo7.9/10

How Our Review Panel Scores Dext

Six independent reviewer personalities assessed Dext's product on their own terms. They landed within 0.8 points of each other, an unusually strong consensus.

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Dext competes with, and how they differ.

H

Hubdoc

Hubdoc is Xero-owned document capture for bookkeepers — the same core function as Dext (photograph, email, or scan receipts and bills into structured data) — but it ships free with Xero subscriptions rather than being sold as a standalone specialist tool.

Veryfi7.8/10

Veryfi sells receipt and invoice OCR as a white-label API and SDK (40+ document APIs) for other companies to embed in their own apps, rather than shipping Dext's direct-to-accountant SaaS product.

1 product reviewed on TopReviewed

Klippa7.8/10

Klippa (rebranded Doxis) pairs document OCR with its own SpendControl expense-card platform, competing with Dext for European SMB expense-capture budget rather than integrating with accounting suites the way Dext does.

1 product reviewed on TopReviewed

Nanonets8.0/10

Nanonets targets large enterprises (it cites 35% of the Fortune 500 as customers) with agentic accounts-payable automation wired into SAP/NetSuite — a heavier enterprise deployment than Dext's SMB and accounting-firm focus.

1 product reviewed on TopReviewed

ABBYY7.8/10

ABBYY Vantage is a low-code intelligent-document-processing platform with prebuilt accounts-payable skills, sold to large organizations' IT teams for in-house deployment, versus Dext's out-of-the-box SaaS sold directly to accountants and small businesses.

1 product reviewed on TopReviewed

Zoho Books8.0/10

Zoho Books bundles receipt autoscan (via Zoho Expense) inside a full accounting suite, letting SMBs skip a standalone capture tool — a lower-cost substitute for Dext, even though Dext also ships an official Zoho Books integration for firms that want both.

1 product reviewed on TopReviewed

Company Timeline

Key milestones in Dext's history, with sources.

1. Mar 23, 2026Launch

   Dext launches AI Assist

   Dext launched AI Assist, an AI agent that learns from users' bookkeeping decisions to automate repetitive categorization and coding tasks consistently across a firm's clients.

   dext.com
2. Feb 2, 2026Launch

   Dext launches Dext Payments

   Dext launched Dext Payments, letting UK Xero users manage and process supplier invoice and expense payments inside the platform, following a beta that processed nearly £800,000; payroll payments were slated for Q1 2026.

   dext.com
3. Apr 28, 2025Launch

   Dext launches Vault AI document storage

   Dext launched Vault, an AI-powered document storage product that auto-summarizes, tags, and extracts due dates from business documents like contracts and leases, offered free alongside a paid Vault+ tier.

   dext.com
4. Mar 20, 2025Partnership

   Dext partners with Square, reports 20% North America growth

   Dext reported 20% year-on-year revenue growth in North America and announced a partnership with Square to pull point-of-sale and online sales data directly into its bookkeeping automation platform.

   dext.com
5. Dec 3, 2024Acquisition

   IRIS Software Group announces intent to acquire Dext

   IRIS Software Group announced its intent to acquire Hg-backed Dext, aiming to combine Dext's bookkeeping automation platform with IRIS Elements into one integrated accountancy solution; deal value was not disclosed by either company.

   dext.com
6. Feb 24, 2021Milestone

   Receipt Bank rebrands as Dext

   Receipt Bank rebranded as Dext, renaming its flagship product Dext Prepare and its acquired analytics tool Xavier to Dext Precision, as the company passed 1 million users.

   finextra.com
7. 2021Funding

   Hg becomes Dext's investment partner

   Private equity firm Hg became Dext's investment partner in 2021, backing the newly-renamed bookkeeping automation platform's growth (exact deal terms undisclosed).

   hgcapital.com
8. 2010Founded

   Company founded as Receipt Bank

   Dext was founded in 2010 in London, UK as Receipt Bank, a pre-accounting automation tool for accountants and bookkeepers.

   hgcapital.com