What It Does

Stated is a privacy-first personal finance tool that lets you track spending, manage budgets, and gain financial insights without ever connecting to your bank account. Simply upload a bank statement PDF, CSV, or Excel file, and Stated automatically categorizes transactions, detects recurring payments, and provides AI-powered spending analysis—all in under 60 seconds.

Who It's For

Stated is designed for individuals who want full control over their financial data without the security risks of Open Banking or screen scraping. It's particularly valuable for people managing multiple currencies (25+ supported), tracking business expenses alongside personal spending, or banking across borders (supporting UAE, UK, US, and international banks). Freelancers, expats, and privacy-conscious users will appreciate the zero-personal-info approach—no real name, address, or income questions required.

Key Features & Capabilities

• 3-Layer Smart Categorization: Uses your past choices first, then 120+ built-in merchant patterns, then AI for new transactions—learning and improving with every upload
• Budget Tracking: Set monthly or yearly budgets per category with real-time progress bars and overspending alerts
• AI Financial Assistant: Ask natural language questions about your spending patterns, recurring expenses, and trends across your entire transaction history
• Multi-Currency Support: Track accounts in 25+ currencies with automatic conversion to your preferred currency
• Business Expense Tracking: Separate personal and business transactions with CSV/Excel export for accountants and tax returns
• Recurring Payment Detection: Automatically identifies subscriptions and regular payments
• Transaction Splitting: Allocate single charges across multiple categories
• Proactive AI Insights: Receive automatic observations about spending patterns without asking

Security & Privacy

Every file is encrypted with AES-256-GCM bank-grade security. Your transaction data is never sold, shared, or used to train AI models. You can delete everything with one click at any time. The platform requires no bank connection, no Open Banking tokens, and no personal information beyond an email to sign up.

What Makes It Different

Unlike Mint, YNAB, Monarch, or Emma, Stated operates entirely offline from your banking infrastructure. There's no risk of unauthorized access because there's no access granted. You maintain complete control—uploading statements the same way you'd send them to an accountant, but getting automated categorization, insights, and budgets instantly. It works with any bank that provides a PDF statement, supporting universal formats rather than requiring specific integrations.