Bank Statement Converter
👤 Angus Cheng (Developer who scratched his own itch, then out-SEO'd a crowded niche solo — replied to every support email himself.)🌐 site𝕏
One dev wanted to see his own spending. His bank only gave PDFs. He wrote a parser — now it does $42K a month, solo.
Will it work? · our read
Boring and durable. A dead-simple utility in a crowded niche — the moat is patient SEO and support, not tech. Anyone can clone the parser; few will out-rank him after 4 years of content.
01How the money moves
Accountant googles 'PDF bank statement to Excel'
→
Uploads a statement, gets clean CSV in seconds
→
Subscribes for page credits — $30-99/mo or $599/yr (2023 interview; site shows no public prices) (2023 interview; site shows no public prices) (2023 interview; site shows no public prices) (2023 interview; site shows no public prices) (2023 interview; site shows no public prices) (2023 interview; site shows no public prices) (2023 interview; site shows no public prices) (2023 interview; site shows no public prices) (2023 interview; site shows no public prices) (2023 interview; site shows no public prices)
02The numbers
$42K/moStatedAug 2025, founder-posted
2025-09-01
Revenue self-reported by the founder via #BuildInPublic. founder X
$318K in 2024 · founder-posted on X
🔒
You have the verdict. Members get the work behind it.
- The CENTS scorecard — where it's strong, where it's soft
- The founder's key move, and the counter-move
- How it could die — the evidence, and how sure we are
- The case against our own call
- A 🚀 launchpad prompt — the case, as a plan for your business
We rate our own confidence — and argue against ourselves. Nobody else in this category does.
Sources always public on all 560 cases · cancel anytime · 14-day refund
See a full teardown, free → ImportYetiSourcesSources last checked 25 August 2026
Bank Statement Converter — About (founder, first-party)Angus Cheng on X — revenue by year, #BuildInPublic (first-party)Founder Reports — interview: pricing, channels, costsStarter Story — how he attracted users via SEOSuperframeworks — teardown: long-tail SEO growth
Revenue is founder self-reported on X (#BuildInPublic) — $318,112.61 in 2024 and $42,175 in Aug 2025 — not audited. The 'accountants google, don't tweet' framing is my synthesis of documented facts (he killed unprofitable ads, cold email failed, and SEO/content drove growth). Rival weights are relative estimates, not market-share data. We never score you.