Announced
Financials
Sources
Tags
Acquisition
software services
Single Bidder
Cross Border
Software
Pending
Friendly
India
Majority
Private
Synopsis
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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