Receipt Bank has scaled up to one million users – and is changing its name to Dext!
The company added a quarter of a million to its total number of users in 2020 – that’s a 200% increase over the past two years. Receipt Bank now becomes Dext Prepare, with a focus on “the automatic capture and categorisation of financial paperwork in a fraction of the time”.
It has also acquired data assurance software Xavier, which is being rebranded as Dext Precision.
Dext CEO, Adrian Blair, said: “Dext backs accountants making better businesses. Our mission is to make accountants productive, profitable and powerful through getting a clear picture of business finances automatically and accurately.”