Bank Reconciliation

Corporate cards + genuinely autonomous AP; $32B valuation and direct UK/EU launch via Billhop.

Open-source Swedish double-entry ledger driven by conversation — full BAS, SIE, VAT, payroll, year-end.

AI-native accounting software purpose-built for venture-backed startups.

First fully-autonomous AI Accountant for SMBs (launched February 2026).

Autonomous general ledger with AI agents that replace bookkeepers.

Global SMB ledger — dominant in the UK, material US presence, with AI via JAX.

AI layer on top of Fortnox, Visma, and other Swedish ledgers.

The default US SMB ledger, with Intuit Assist layered on top.

AI agents for SMB bookkeeping with deep POS and multi-entity support; HpAI engine launched Aug 2025.

Free-tier Swedish SMB ledger with aggressive automation and a UK expansion.

Sweden's default SMB ledger — 600k+ customers; taken private by EQT at $5.5B (Jul 2025).

UK-headquartered incumbent spanning desktop Sage 50 and cloud Sage Business Cloud, now with Sage Copilot.

Cloud-native German SMB ledger; acquired by Cegid in Feb 2025 for DACH expansion.

Visma's SMB cloud ledger — the main Fortnox challenger in Sweden.

The Steuerberater-owned cooperative at the centre of German bookkeeping, now shipping DATEV KI.

AI-powered finance concierge — managed bookkeeping with a software front end.

Visma's next-generation AI-driven accounting experience for Swedish SMBs.

Haufe-owned German SMB and freelancer ledger, incrementally AI-augmented.

NatWest-owned UK SMB ledger, free to most business-banking customers, MTD-ready.

Swedish AI-native accounting startup targeting modern SMBs and advisors.