Stripe: Acquire Recko to help internet businesses automate payments reconciliation

Stripe: Acquire Recko to help internet businesses automate payments reconciliation

  • Stripe is a global technology company that builds economic infrastructure for the internet
  • Announced it has entered into an agreement to acquire Recko
  • Recko automates key steps in the payments reconciliation process that slow most businesses down
  • Finance teams perform reconciliation to uncover discrepancies, avoid incorrect accounting
  • This manual process of correctly matching transactions is further complicated for fast-growing online businesses
  • Recko automates key steps of reconciliation to relieve finance teams of a tedious and time-consuming process
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...

Nubank Secures Conditional Approval for U.S. National Bank License

Brazilian fintech aims to expand services in the American market.Highlights: Nubank receives conditional approval for U.S. banking license.The...