What Fundation does

Fundation GmbH is a Cologne-based private software company operating BankPilot, a self-serve SaaS for automated bank account payment monitoring. The product continuously compares expected recurring transactions (rent, salary, subscriptions, installments, client payments) against actual bank activity and alerts users when a payment is missing, overdue, or deviates from the defined pattern. Bank connectivity is delivered through PSD2-compliant Open Banking via Tink, with no requirement for users to share banking credentials; data is stored primarily in the user's browser with optional AES-256 encrypted server-side synchronization, and all data is hosted in Germany under GDPR. AI is applied narrowly to transaction categorization and recurring-pattern detection.

BankPilot serves three primary segments: landlords managing rent inflows, freelancers and small businesses tracking client payments, and individual consumers monitoring personal recurring transactions. The company is in an early customer acquisition phase, explicitly targeting its first 100 customers with a permanent 50% founder discount. Pricing is subscription-based at €5.00/month (discounted from €9.99) or €49.50/year (discounted from €99), with a 30-day free trial and no credit card required.

The go-to-market is product-led and content-driven: users sign up directly at bankpilot.eu, connect their bank via PSD2, and pay via Stripe (with PayPal, Apple Pay, Google Pay, Klarna, and SEPA also accepted). Acquisition relies on SEO-optimized comparison pages, an educational blog, and organic social channels, with no enterprise sales motion or paid acquisition referenced. Fundation is founder-led (Cosmin Novac as Geschäftsführer), operates without disclosed external investors or parent entity, and co-produces the product with Cologne-based partner ChanCode. No revenue, funding, or headcount figures are disclosed in the available material.

Name

Fundation

Legal name

Fundation GmbH

Website

https://bankpilot.eu

Company type

Private

Operating status

Operating

Short description

Fundation GmbH operates BankPilot, a PSD2-enabled SaaS that automatically monitors recurring bank transactions and alerts users when expected payments go missing or overdue. The product targets landlords, freelancers, small businesses, and individual consumers in European markets via a self-serve subscription model.

Ownership category

akta.pro rank

Product category

Personal Finance / Banking Transaction Monitoring Software

SIC

Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Budgeting & Cash-Flow Management (FSAGADAA)

akta.pro secondary industries

Expense Tracking & Financial Dashboards (FSAGADAB), Cash Forecasting, Reconciliation & Liquidity Tools (FSAMAOAH)

Keywords

• Payment monitoring software
• Recurring transaction tracking
• Open banking apps
• Cash flow monitoring
• Bank account alerts

Headquarters

HQ city

Cologne

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Marketing or Sales, Personnel, Operations

Revenue model

1. SaaS Subscription: Recurring subscription revenue model with monthly (€5.00 after 50% founder discount; regular €9.99) and annual billing (€49.50 after discount; regular €99). Includes 30-day free trial for all users. The company targets new users with a 50% permanent discount for the first 100 customers. Subscriptions auto-renew and can be cancelled anytime via Stripe customer portal.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Fundation GmbH develops and operates BankPilot, a SaaS application that connects to users' bank accounts via PSD2 Open Banking (Tink) to automatically track recurring transactions (rent, salary, subscriptions, installments, client invoices) and detect missing or overdue payments in real time. The product uses AI-powered transaction categorization and compares expected vs. actual payments, alerting users when expected transactions fail to arrive or deviate from defined patterns.

Product overview

Fundation GmbH operates BankPilot as its primary product — a single unified SaaS application for smart bank account monitoring. The product centers on automated tracking of recurring payments (rent, salary, subscriptions, loan repayments) and real-time detection of missing or overdue transactions. It uses PSD2 Open Banking via Tink for bank connectivity and includes AI-powered transaction categorization. There are no separate modules or add-ons; the platform is delivered as one integrated service with tiered subscription pricing (monthly vs. annual plans) and a free trial period.

Differentiator

Problem solved

Functional benefit

Products and services

• BankPilot BankPilot is a SaaS application that connects to users' bank accounts via PSD2 Open Banking (Tink) and automatically tracks recurring transactions such as rent, salary, subscriptions, installments, and client invoices. It detects missing or overdue payments in real time, alerts users when expected payments deviate from defined patterns, and uses AI to categorize transactions and identify recurring flows. It targets European landlords, freelancers, small businesses, and individual consumers.

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability3 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• TinkcoreTechnology or IntegrationTink provides the PSD2 Open Banking infrastructure that enables BankPilot to securely connect to users' bank accounts across Europe without requiring login credentials. This is the foundational technology layer for BankPilot's core product functionality — without Tink's API, the product cannot read bank transaction data. Tink is described as a European Open Banking platform provider supporting a large number of European banks.
• StripecoreTechnology or IntegrationStripe is used for payment processing and subscription management. Users can cancel their subscription anytime via the Stripe customer portal. Stripe handles recurring billing and payment collection for BankPilot's subscription model.
• ChanCodecoreStrategic or Co-development PartnerChanCode (located at Hibbelenstr. 18, 51107 Cologne) is listed as a co-producer of BankPilot alongside Fundation GmbH in the legal imprint. ChanCode appears to be a development partner contributing to the BankPilot product.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Finanzguru: German PFM app that uses PSD2/Open Banking to automatically analyze bank accounts, detect recurring payments, subscriptions, and contract changes for consumers. Directly comparable as a German-language PSD2-based personal finance tool with similar landlord/freelancer use cases, but backed by a major bank and significantly more established.
• Outbank: German multi-bank account management and PFM tool supporting PSD2-based bank connectivity, recurring payment tracking, and transaction categorization across desktop and mobile. Comparable product category, geography, and target users (landlords, freelancers, individuals), though positioned more broadly as multi-bank software than as a focused payment-monitoring tool.
• Bankin': France-based PFM app that uses PSD2 Open Banking to aggregate bank accounts, categorize transactions, and detect recurring payments and subscriptions. Comparable in PSD2-based payment monitoring, recurring-payment detection, and SMB/consumer targeting, though operating primarily in the French market.
• Money Dashboard: UK-based PFM platform that uses Open Banking to connect accounts, categorize transactions, and surface insights on recurring income and spending. Comparable in Open Banking-based recurring payment visibility and consumer/SMB focus, with a more analytics-oriented product positioning.
• Akahu: Open Banking infrastructure and PFM platform enabling bank account aggregation, transaction categorization, and recurring payment monitoring for personal finance apps. Comparable in PSD2-style open banking connectivity and category, though positioned more as a developer/infrastructure layer than a direct consumer product.

Broad incumbents

• YNAB (You Need A Budget): Established subscription-based budgeting and cash-flow planning tool focused on giving every dollar a job, recurring expense tracking, and rule-setting workflows. Comparable in cash-flow management and recurring-payment rule automation, but with a US-centric manual-entry philosophy rather than PSD2-driven automation.
• PocketGuard: US-based PFM app that connects bank accounts, categorizes transactions, and surfaces recurring subscriptions and spending insights. Comparable in transaction-level visibility and recurring payment awareness, though operating without PSD2 in the US market and serving a broader consumer budgeting use case.

Others

• Salt Edge: Global Open Banking platform providing PSD2-compliant account aggregation, transaction categorization, and recurring payment detection APIs. Comparable as the infrastructure layer that enables PSD2-based PFM and payment monitoring apps, and a potential alternative or competitor to BankPilot's Tink dependency.
• Tink: European Open Banking platform (owned by Visa) that provides PSD2-compliant account aggregation and transaction data APIs used by banks, fintechs, and PFM apps. Directly comparable as the foundational technology provider powering BankPilot's core functionality, and a potential build-vs-buy consideration for the company.

Emerging players

• Finio: Emerging German fintech app offering bank account-based financial insights and cash flow visibility for consumers and small businesses. Comparable in expected-payment awareness and SMB/consumer focus in the German market, though smaller in scale and breadth than BankPilot's specialized payment monitoring focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/bankpilot
• LinkedInlinkedin.com/company/bankpilot
• Instagraminstagram.com/bankpilot

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fundation