- Connection
- PSD2 open banking
- Refresh
- Daily, automatic
- Scope
- Cash + invest + crypto
Switch to Bank AI when
You hold positions across more than one Depot (Trade Republic, Scalable Capital, Comdirect, ING-Diba, Consorsbank), you'd rather not maintain CSV imports or manual entry, and you want cash, investments and crypto in one daily-refreshed view with an AI assistant on top.
Stay with Parqet when
You like Parqet's analytics depth (Steuerreport, dividend forecasting, broker import tools) and you're happy to maintain CSV / manual entry to feed it. Parqet's analytics polish is its edge and Bank AI does not replicate it 1:1 today.
| Feature | Bank AI | Parqet |
|---|---|---|
| Connection method | PSD2-licensed open banking via Powens. Read-only. | Manual entry, broker CSV imports (Trade Republic, Scalable, Comdirect, etc.), and PDF parsing. |
| Refresh cadence | Daily, automatic. | Depends on import workflow. Manual sources require uploads. |
| Brokers / Depots | Connects via PSD2 to Trade Republic, Scalable Capital, Comdirect, ING-Diba Depot, Consorsbank, DKB, Flatex and more. | Strong import tooling for the major German brokers, plus international brokers via CSV. |
| Cash and current accounts | First-class. Bank accounts and Depots in one net-worth view. | Out of scope. Parqet is a portfolio tracker, not a money app. |
| Crypto | Crypto exchanges (Bitpanda, Binance, Coinbase, Kraken, Crypto.com) included. | Crypto support exists; not the primary focus. |
| Tax reports (Steuerreport) | Not in product scope today. Bank AI helps you see and act on your money; tax reports are delegated to your broker or Steuerberater. | Class-leading. Steuerreport for Abgeltungsteuer is one of Parqet's strongest features. |
| Dividend forecasting | Dividends visible per holding and aggregated across brokers; deep forecasting is not in scope today. | Dividend forecasting and projection in product. |
| AI assistant | Built in. Plain-English / German answers about portfolio, exposure, FX, fees, dividends. | Not part of the product. |
| Geographic focus | United Kingdom and EU/EEA - 13 markets. | Germany / DACH focus. |
| Custody | Read-only AISP. Never holds cash, securities or crypto. | Read-only. Parqet never holds assets. |
| Pricing | Free during waitlist / pre-launch (2026). Paid tiers to be published before general release. | Free tier; Plus around EUR 5.99 / month or EUR 59.99 / year (per Parqet's public pricing). |
No more CSV imports
PSD2 open banking connects directly to Trade Republic, Scalable Capital, Comdirect, ING-Diba, Consorsbank, DKB and more - no Depot-by-Depot CSV / PDF reconciliation.
Cash + Depots + crypto in one app
Parqet is a portfolio tracker. Bank AI is a money app: bank accounts, Depots, ETF Sparpläne, pensions and crypto in one daily-refreshed view.
An AI you can ask portfolio questions
'Wie viel zahle ich an Fondsgebühren', 'wo bin ich US-tech-uebergewichtet', 'when is my next ETF Ausschuettung'. Spreadsheets and CSV-fed trackers cannot answer those.
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→ - Use case
Portfolio tracker
Live positions, dividends and allocation across every broker and wrapper.
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Is Bank AI a Parqet clone?
No. Parqet is a polished German portfolio tracker with strong Steuerreport and dividend-forecasting depth, fed by CSV / PDF imports and manual entry. Bank AI is a PSD2-native money app with multi-Depot, multi-broker, multi-crypto-exchange aggregation, an AI assistant on top, and cash in the same view. The two products overlap on portfolio visibility and diverge on almost everything else.
Can I import my Parqet data into Bank AI?
We don't support a Parqet-CSV importer today, by design. Bank AI rebuilds your portfolio from your actual broker connections through PSD2 open banking, so the data is live rather than a snapshot. If your Depot is in our coverage list, you'll see positions within minutes of connecting.
Does Bank AI replace Parqet's Steuerreport?
No. If you rely on Parqet for Abgeltungsteuer reports, keep using it - that is its strongest feature. Bank AI surfaces the right wrappers (Depot, Riester, Rürup, ETF Sparpläne) and answers AI questions about your portfolio, but does not produce the formal tax report a Steuerberater would file.
Does Bank AI handle ETF Sparpläne?
Yes. Bank AI surfaces ETF Sparpläne with cost basis and contributions across the major German Depots and pan-EU brokers (Trade Republic, Scalable Capital, ING-Diba, Comdirect, Consorsbank).
Is Bank AI free?
Yes, during the 2026 pre-launch waitlist. Pricing for paid tiers will be published before general release. Parqet Plus is around EUR 5.99 per month or EUR 59.99 per year per its public pricing.
Is Bank AI read-only?
Yes. Bank AI uses PSD2-licensed AISP connectivity. It can read your accounts to build a net-worth view; it cannot move money, place trades or initiate transfers.
Join the waitlist