Fynance
Fynance is an AI-powered bookkeeping platform for US small businesses that connects to bank accounts and automatically classifies transactions with 95%+ accuracy. The system keeps books tax-ready year-round, with daily profit and loss reports ready each morning and manual review reduced to a handful of confirmations. It integrates with 12,000+ US banks and Stripe, and includes transaction-level controls for loans and balance sheet tracking.
- Financial Technology
- Enterprise Software
- Artificial Intelligence
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Most small businesses fall behind on bookkeeping, leaving receipts scattered across inboxes, gloveboxes, and multiple apps with nothing reconciled. Books are often months behind, and missed deductions lead to surprise tax bills because transactions were never properly classified throughout the year.
Solution
Fynance connects to a business's bank account once and uses artificial intelligence to classify every transaction with 95%+ accuracy, reducing manual work to a handful of confirmations. The system categorizes transactions daily, keeping books current and tax-ready all year long. Business owners can review and confirm classifications in minutes rather than spending hours on data entry. Reports are ready every morning, providing an up-to-date view of net income, expenses, and cash flow without waiting for a quarterly or year-end cleanup.
Target Audience
Primary customers are US small business owners and operators who need accurate, current bookkeeping without hiring a full-time accountant or spending hours on manual data entry.
Features
- AI-powered transaction categorization with 95%+ accuracy on initial classification
- Integration with 12,000+ US banks and Stripe for automated transaction syncing
- Bank-grade security for financial data protection with secure read-only bank connections
- Daily profit and loss reporting with net income and percentage change metrics
- Automatic categorization of payment processor payouts (e.g., Stripe) as revenue and subscription services (e.g., AWS) as software expenses
- Transaction-level categorization controls for loans, including Loans Payable and Loans Receivable, with balance sheet impact tracking
- Tax-ready books maintained continuously throughout the year