PayPal → OFX for Startups & Founders
As startup founder, you need PayPal bank statements in OFX format. PayPal statements include a mix of payments, refunds, fees, and currency conversions. BankScan AI separates transaction types and preserves fee details. BankScan AI handles the conversion — DD/MM/YYYY HH:MM:SS, multi-row layout where each transaction shows Gross, Fee, and Net amounts on separate lines with running balance, and all.
How It Works
Upload PayPal PDF
Drop your PayPal statement PDF. Supports PDF, CSV.
AI converts to OFX
Parses PayPal's DD/MM/YYYY HH:MM:SS, extracts all transactions, outputs OFX (.ofx).
Use in your startups & founders work
Download and use with Xero, Fathom. Convert your startup bank statements to clean spreadsheets for investor reporting, burn rate analysis, and quick reconciliation without hiring a bookkeeper.
PayPal + OFX + Startups & Founders
- PayPal expertise — Handles DD/MM/YYYY HH:MM:SS and multi-row layout where each transaction shows Gross, Fee, and Net amounts on separate lines with running balance
- OFX output — Accounting software treats OFX imports like a native bank feed — transactions appear in the bank reconciliation screen ready for matching, rather than requiring manual column mapping.
- Built for startups & founders — Saves founders 2-3 hours per month on financial reporting, freeing time for product development and fundraising rather than manual data entry
PayPal to OFX — For Startups & Founders
Handles DD/MM/YYYY HH:MM:SS, outputs perfect OFX. Free tier available.
Convert PayPal to OFX Free