Saturday, April 19, 2025
14.8 C
London
HomeBankingStripe: Acquire Recko to help internet businesses automate payments reconciliation

Stripe: Acquire Recko to help internet businesses automate payments reconciliation

Date:

SSV Smart Pay Secures $5 Million Funding to Drive Fintech Innovation

Achieving a $30 million valuation, SSV Smart Pay sets...

Trulioo Partners with PingPong Payments to Revolutionize Cross-Border Transactions

Enhancing global payment solutions with advanced business verification and...

Luma Secures $63M Series C Funding to Transform Structured Finance

Big banks back Luma's innovative platform for alternative investments...

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