Stated

Stated is a privacy-first AI-powered finance tracker that enables users to gain spending insights without connecting their bank accounts. By uploading bank statement PDFs, CSV, or Excel files, the platform automatically extracts transaction data, categorizes spending, and generates budgets, spending trends, and analytics. The tool emphasizes data privacy: no bank login or personal information is required, and all data is encrypted with AES-256-GCM. Users can delete their information at any time with one click, and Stated does not sell, share, or use data to train its AI. The entire process—from upload to insight—is designed to take approximately 60 seconds.

The categorization system uses a three-layer approach: it first checks the user's historical categorizations, then applies over 120 built-in merchant patterns, and finally uses AI for genuinely new merchants. This makes the system increasingly accurate over time. Stated also includes a financial assistant that users can query for detailed information about their finances. The tool supports multiple file formats (PDF, CSV, Excel) and recognizes a wide range of merchant names and spending categories.

Stated is suitable for individuals who want to track their spending without granting third-party access to their bank accounts. It is marketed as a secure alternative to traditional finance apps that rely on open banking or screen scraping. The platform appears to offer free starter access, though exact limits and potential paid plans should be verified on the website.