Stripe / Recko 2021
Stripe acquired Recko on October 21, 2021.
- Target
- Recko
- Acquirer
- Stripe
- Announced
- October 21, 2021
- Sub-sector
- Treasury / Cash Management
Transaction overview
- Stripe announced the acquisition of Recko on October 21, 2021.
- The deal is expected to close pending customary conditions.
Strategic rationale
Expand Stripe's financial tools suite with automated payments reconciliation for high-transaction-volume businesses.
Deal terms & multiples
Frequently asked questions
When did Stripe announce the acquisition of Recko?
Stripe announced the acquisition of Recko on October 21, 2021.
What sub-sector is Recko in?
Recko is tracked in the Treasury / Cash Management sub-sector.
Sources
- siliconrepublic.com /business/stripe-recko-acquisition-payments-reconciliation