This startup automates financial reports from bank statements

This article is a part of Startup Spotlight, a series that features young, up-and-coming startups.

Image credit: Timmy Loen

Tommy Nayoan spent years running Anomali Transition, a business consultancy in Jakarta. He watched clients struggle with rigid systems, often forced to learn complex accounting just to understand their own numbers. This friction sparked the creation of Nexius.

😟 Problem

Small business owners often lack the technical expertise to produce accurate financial statements. Traditional software remains complex, requiring manual setup or specialized knowledge. Without these reports, securing bank financing or attracting investors becomes nearly impossible for many founders.

💡 Solution

The Nexius platform automates the reporting process by reading transactions directly from bank statements. It maps entries and categorizes data to produce essential documents without human intervention.

• Generates profit & loss, balance sheet, and cash flow reports.
• Requires no manual data entry or accounting background.
• Delivers finalized documents in under five minutes.

Image credit: Nexius

📊 Market size

The startup targets the estimated 200 million small and medium businesses worldwide. With a pay-per-use model charging US$10 to US$20 per report, the company projects a lifetime value of over US$1,000 per customer based on recurring monthly usage.

🤝 Team

• Tommy Nayoan (founder): Previously founded Anomali Transition. Holds a background in accounting and finance from Trisakti University with expertise in auditing and forecasting.

🚀 Traction

• Soft-launched in July 2025 with dozens of new users joining monthly.
• Partnered with Pajak Mania, a tax enthusiast community, to validate the product with end-users.
• Engaged in discussions with multiple consultant associations for B2B integration.

🏆 Competition

Incumbents include global SaaS accounting platforms and traditional enterprise resource planning tools. These usually require manual configuration or financial literacy. Nexius differentiates itself by offering fully automated, one-click report generation tailored specifically for non-experts.

💰 Financials

Revenue comes from a transactional model costing between US$10 and US$20 per report. Usage is typically recurring as businesses require monthly updates. The company is currently bootstrapped and has not raised outside funding.

This piece was written with AI. A human editor reviews it before publishing. All information is provided by the startup.