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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
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