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