Published October 27, 2025

Bank Statement Converter: from 0 to 100+ paying users with 0 EUR ad budget

How we internally developed a SaaS for converting bank statements, reaching 100+ paying users organically with zero ad budget. From the technical challenge of supporting 50+ Italian banks to the organic growth strategy with SEO and community marketing.

Web AppSEOSaaSGrowth Marketing

The Project

Unlike our other case studies, this is a project we developed internally, not for a client. We wanted to demonstrate that our skills go beyond technical development: we can identify market opportunities, build excellent products, and grow them organically.

Bank Statement Converter was born from observing a recurring problem: Italian accountants and professional firms lose hours every week manually converting bank statements from PDF to Excel. A repetitive, tedious operation prone to human error that takes precious time away from high-value work.

We created a simple but extremely effective SaaS: upload a bank statement PDF from any Italian bank, and in seconds receive a clean, structured Excel (CSV) file ready to import into your accounting software. No more copying and pasting row by row, no more transcription errors.

The Technical Challenge: Supporting 50+ Italian Banks

The main challenge wasn't creating a simple generic PDF-Excel converter. It was building an intelligent system capable of correctly recognizing and processing bank statements from over 50 different Italian banks, each with their own proprietary format, graphic layout, and data structure.

Intesa Sanpaolo, UniCredit, BNL, Banco BPM, Banca Sella, Fineco, ING, Mediolanum - each institution has completely different formats. Some banks use structured tables, others complex graphic layouts. Some statements are native digital, others are scans of paper documents. Some include columns for running balance, others don't.

We solved this challenge by developing a robust and scalable software architecture using cutting-edge technologies for intelligent recognition of different formats, accurate data extraction, and data integrity validation. The system was designed to handle complex edge cases (multi-page statements, multi-line transactions, low-quality documents) while ensuring no errors in extracted data - since a single parsing error can invalidate a client's entire accounting.

UX Optimized for Conversions

One of the most critical aspects for SaaS success is conversion rate optimization. It's not enough to have a product that works: you need to convince visitors to become trial users, and trial users to become paying customers.

We designed the landing page and entire user experience following established conversion-driven design principles. Every element, from copy to layout, from onboarding to pricing, was strategically designed to guide users toward the desired action while minimizing friction and building product trust.

Conversion-optimized converter landing page
Converter landing page, designed to maximize conversions

The result of this optimization work is evident in the numbers: the free-to-paid conversion rate is significantly higher than industry averages. This isn't a coincidence, but the result of a methodical, data-driven approach to UX, where every decision is measured and optimized based on real user behavior.

Organic Growth Strategy

We had two clear goals: zero ad budget and sustainable growth. We chose two organic acquisition channels: community marketing and SEO.

Community Marketing: Authentic Participation

Italian accountants and financial professionals naturally gather in online communities where they share tips on software, management systems, and professional challenges. We identified the main conversation hubs in our sector and started participating authentically and genuinely.

Our strategy wasn't promotional. We answered questions, gave advice, helped colleagues with technical problems. When someone asked "how do you convert bank statements?", we shared our tool as a solution to their specific problem. No spam, no invasive posts, just value.

This strategy generated organic and viral word-of-mouth. Satisfied users spontaneously shared the tool in their professional networks, in comments, in everyday conversations. Zero-cost acquisition with very high trust, because it comes from a peer recommendation rather than an ad.

SEO: From Zero to 100 Visits/Day in 3 Months

In just 3 months, we went from zero organic traffic to 100 visits per day from Google.

This result is the fruit of a comprehensive, data-driven SEO strategy, built on thorough research, technical optimizations, and quality content creation specifically designed for our audience. Every decision was guided by data and metrics, not assumptions.

Google Search Console: converter SEO metrics
Google Search Console: 3,877 clicks and 141,672 impressions in the last 3 months

The numbers speak for themselves (screenshot from Google Search Console):

  • 3,877 clicks from organic search in the last 3 months
  • 141,672 impressions - the site is visible for thousands of relevant queries
  • 2.7% average CTR - above average for commercial queries
  • 6.1 average position - first page of Google for main keywords

And we're still growing. Considering SEO started just 3 months ago, the growth potential is huge. With domain authority increasing and new content in the pipeline, we aim to triple organic traffic within 6 months.

Business Results and Testimonials

The converter achieved results that exceeded our initial expectations:

  1. 100+ paying users acquired organically, without spending a single euro on advertising
  2. Steady month-over-month growth, with acceleration after the SEO strategy started in July
  3. High retention: monthly churn rate under 5%, well below the SaaS average (7-10%)
  4. 50+ Italian banks supported, with new ones added every week based on user requests

But numbers only tell half the story. Our users' testimonials show the real impact the tool has had on their daily work:

Customer testimonial: Great product, huge help for professional firms
Customer testimonial: Congratulations and thanks for the software created, it's very useful
Customer testimonial: The converter is perfect and very useful, going back to old systems becomes frustrating
Customer testimonial: Thanks for purchasing the 3000 credit plan

These testimonials aren't isolated cases. We regularly receive feedback via email and through their professional networks from professionals thanking us for "giving them back hours of their lives" and significantly improving the quality of their work.

Tech Stack

To ensure performance, scalability, and reliability, we built the product using cutting-edge technologies selected based on their maturity level, community support, and suitability for the use case. A modern, robust architecture designed to grow with the business, with special attention to security, financial data privacy, and global performance.

Conclusion

This case study demonstrates that we can do much more than "just" write code. We identified a real market problem, built an excellent technical solution, designed a UX that converts, and implemented an organic growth strategy that brought 100+ paying customers without spending a single euro on advertising.

From zero to 100+ paying users in 10 months. From zero organic traffic to 100 visits/day in 3 months of SEO. 50+ banks supported. Enthusiastic testimonials saying the product is "indispensable". All organic, all sustainable, all measurable.

If you're thinking of launching a SaaS, growing your existing product, or implementing a data-driven SEO strategy, we've proven we can do all of this end-to-end. From code to marketing, from UX to conversions, from SEO to organic growth.

Contact us to discuss how we can apply these same skills to your project.


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Bank Statement Converter: 100+ Paying Users with SEO | Case Study | Luca Di Domenico Studio