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Dext

“Can a bookkeeping-automation platform for accountants own the full AP-to-reconciliation workflow by embedding payments?”

Founded2010
HQLondon, United Kingdom
Total raised$830.6M
Latest roundAcquired by IRIS Software Group
IndustryHorizontal SaaS / Accounting
The story

Dext began life in 2010 as Receipt Bank, a UK receipt-capture tool for accountants and bookkeepers. It rebranded to Dext in 2020 to reflect a broader bookkeeping-automation platform spanning receipt capture, expense management, and accounting-software connectors. Acquired into the IRIS Software Group, Dext is now extending into embedded payments — partnering with Airwallex (2025) and launching Dext Payments (2026) to close the AP workflow from invoice capture through to bank-rail payment and reconciliation.

Last 12 months
2025-07
In the July 2025 recap →
2026-02
In the February 2026 recap →
Product timeline
2010
Founded as Receipt Bank in London, focused on receipt and invoice capture for accountants and bookkeepers.· pivot
2020
Rebranded from Receipt Bank to Dext, expanding beyond receipt capture into bookkeeping automation.· pivot
2024
Became part of IRIS Software Group.· acquisition
2025
Announced strategic partnership with Airwallex to power Dext Payments.· banking
2026
Launched Dext Payments — fully integrated AP / payroll / expense payments solution.· banking
The stack
4 layers disclosed in Dext’s embedded-finance stack
Payments / PSP
StripeAirwallexDext Payments (self-operated)
Unified APIs
in the full report
FX & payouts
in the full report
Accounting
in the full report
Accounting gap: none
9 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Dext — frequently asked

Who is Dext's payment processor?

Dext processes payments through Stripe, Airwallex and Dext Payments (self-operated).

Who handles Dext's FX and cross-border payouts?

Dext uses Airwallex for FX and cross-border payouts.

Which accounting software does Dext integrate with?

Dext integrates with Xero, QuickBooks, Sage, NetSuite, PayPal, Shopify and Stripe.

What is Dext's embedded finance stack?

The Embedded Finance Index 2026 maps 4 layers in Dext's stack: Payments / PSP (Stripe, Airwallex and Dext Payments (self-operated)); Unified APIs (Airwallex); FX & payouts (Airwallex); Accounting (Xero, QuickBooks, Sage, NetSuite and 3 others).

Where is Dext headquartered?

Dext is founded in 2010 and headquartered in London, United Kingdom.

How much funding has Dext raised?

Dext has raised $830.6M in total (latest round: Acquired by IRIS Software Group).

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