Dext

About Dext

Dext was founded in 2010 as Receipt Bank and rebranded to Dext in 2021 following a series of acquisitions and product expansions. The company is incorporated in England and Wales and headquartered in London, with operations across the UK, Europe, and North America. Dext's core product automates the most time-consuming aspects of bookkeeping: capturing financial documents (receipts, invoices, bank statements, supplier bills) and accurately extracting structured data for entry into accounting software. Dext's AI extraction technology reads paper and digital documents submitted by mobile app, email, or direct integrations, and extracts supplier name, date, amount, VAT, currency, and category data with high accuracy. The extracted data flows directly into QuickBooks Online, Xero, Sage, and FreeAgent via deep API integrations, reducing manual data entry for bookkeepers and accountants managing client accounts. Dext Prepare is the core document capture product; Dext Commerce handles e-commerce transaction reconciliation; Dext Precision provides audit and quality control tools for accounting firm workflows. Dext is widely used by accounting and bookkeeping practices across the UK, with particularly strong adoption in the small business sector. The platform processed over 8 million documents per month as of 2024, making it one of the largest document processing operations in European SME accounting. From a data sovereignty perspective, Dext's UK incorporation and UK GDPR compliance make it well-positioned for British businesses and, under the EU-UK adequacy decision, for European accounting workflows. The company processes financial documents—which may contain personal data of employees, suppliers, and clients—and operates under GDPR Article 28 data processing agreements with accountancy practices. Dext holds ISO 27001 certification and publishes its security posture transparently, appropriate for a platform handling sensitive financial data.