Tuesday, February 4, 2025
6.3 C
London
HomeBankingStripe: Acquire Recko to help internet businesses automate payments reconciliation

Stripe: Acquire Recko to help internet businesses automate payments reconciliation

Date:

BNY Mellon Appoints Carolyn Weinberg as Chief Solutions Innovation Officer

Global financial services firm welcomes industry veteran to drive...

Anchor Raises $20M for Autonomous Billing and Collections Platform

Innovative fintech startup secures funding to revolutionize B2B billing...

Emirates NBD and Rasmal Ventures Invest $7.6M in MENA Securitisation Innovation

Deniz Ventures and Rasmal Ventures back TeamSec to transform...

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

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories