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Launch HN: Modernbanc (YC W20) – Modern and fast accounting software

Mar 19, 2025 - news.ycombinator.com
The team behind Modernbanc has launched a new accounting software tailored for startups and small businesses, inspired by the user-friendly and efficient design of tools like Linear. The software aims to address the shortcomings of existing accounting tools like Quickbooks by offering a fast, offline-capable platform with automated bookkeeping, accounting, and invoicing features. Modernbanc includes a real-time sync engine and a built-in spreadsheet for comprehensive reporting, aiming to provide a high-quality, intuitive experience for users.

Currently focused on smaller US-based startups, Modernbanc offers features such as AI-driven transaction automation, invoice management, and tax readiness. The team plans to introduce additional features like receipts matching, payroll integrations, and AI-powered report generation in the coming weeks. They are seeking feedback from users to refine and expand their offering, inviting input on frustrations with existing accounting software and suggestions for improvement.

Key takeaways:

  • Modernbanc is a new accounting software designed for startups and small businesses, inspired by the quality and speed of tools like Linear, Notion, and Figma.
  • The software offers features like automated bookkeeping, real-time sync, offline functionality, and a built-in spreadsheet for enhanced reporting.
  • Modernbanc aims to simplify accounting tasks with AI-driven automation for bookkeeping, invoicing, and tax readiness.
  • The team is seeking feedback from users to improve the software and plans to release additional features like receipts matching and payroll integrations.
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