Stripe Acquires India Based Recko

Stripe acquires Recko, an India based company out of Bangalore, Stripe is on an acquisition spree by acquiring Taxjar, Paystack out of Nigeria, Bouncer and Touchtech out of Ireland. You see the trend, Global dominance with tech at the forefront.

Recko has built a platform that lets businesses track and automate payments reconciliation, covering both outgoing and incoming payments and the full ecosystem of inbound and outbound payment sources and receivers. Like Stripe itself, Recko leans heavily on APIs to integrate and work with different data sources.