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New Deal


Announced

Stripe to acquire Recko.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

software services

Single Bidder

Cross Border

Software

Pending

Friendly

India

Majority

Private

Synopsis

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Stripe, a provider of payment software services and solutions, agreed to acquire Recko, a provider of payments reconciliation software for internet businesses. Financial terms were not disclosed. “Joining Stripe is a perfect next chapter for Recko, and we can’t wait to help grow the GDP of the internet by removing the burden of reconciliation complexity. Internet businesses need new financial tools that can scale with their growth and automate the tasks required to produce an accurate picture of their financial health," Saurya Prakash Sinha, Recko CEO and Co-Founder.

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