Recko (Acquired by Stripe)
- Company typePrivate
- Founded2017
- HeadquartersBangalore, India
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Recko (Acquired by Stripe) firmographics
Firmographics- Name
- Recko (Acquired by Stripe)
- Legal name
- Stripe Technology India Private Limited
- Website
- https://recko.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Recko (Acquired by Stripe) industry classification
Industry- Product category
- Financial Operations Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Payment Reconciliation, Reporting & Settlement Infrastructure (FSAGABAH)
- akta.pro secondary industry
- ACH Disbursements & Bulk Payout Processing (FSAMAGAF)
Keywords
Where Recko (Acquired by Stripe) is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Recko (Acquired by Stripe) business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Finance Operations Platform Subscription: Subscription-based pricing model for access to reconciliation, commission calculation, and payout management features. Pay-as-you-use model with no lock-in periods.
- Usage-based Transaction Processing: Pricing based on transaction volume processed. Platform processes $5B+ in transactions and 50M+ transactions per month.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Monthly | Pay-as-you-use model with no lock-in |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Recko (Acquired by Stripe) product offering
Product offeringCore offering
Recko is a SaaS Finance Operations Platform for fast-growing internet companies that automates reconciliation of payment transactions across gateways and internal systems, calculates commissions and tracks SLAs, and manages payouts to suppliers and vendors. Built on AWS cloud infrastructure, the platform delivers transaction-level accuracy at scale with PCI DSS and ISO 27001 certifications.
Product overview
Recko is a unified Finance Operations Platform for fast-growing Internet companies, comprising three core products: Reconciliation, Commission Calculation, and Payout. The platform manages financial data and enables end-to-end financial workflows including reconciliation, commission calculation, payout creation and reporting. Built as a SaaS platform on AWS cloud infrastructure, it offers PCI DSS v3.2.1 compliance and ISO/IEC 27001:2013 certification. The platform provides real-time analytics, automated workflows, and supports multiple consumer-tech categories including Ecommerce, Foodtech, Healthtech, Edtech, Gaming, Entertainment, Travel, and Fintech.
Differentiator
Problem solved
Functional benefit
Products and services
- Reconciliation
Quantifiable outcome
- Reduced time to identify and plug discrepancy by 75% (Meesho case study)
- +4 more outcomes
Companies that use Recko (Acquired by Stripe)
Customer profileNamed customers14 records
Segments3 records
Ideal customer profiles1 record
Recko (Acquired by Stripe) technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability2 records
Feature9 records
Recko (Acquired by Stripe) partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RazorpaycoreIntegration partnership enabling automated reconciliation. The Recko-Razorpay integration syncs payment data from Razorpay to Recko on a daily basis, eliminating manual file uploads for reconciliation. This integration was specifically highlighted in the Khatabook customer case study.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Recko (Acquired by Stripe) competitors and assessment
Company assessmentDirect peers
- HighRadius: AI-powered Order-to-Cash and Treasury platform with strong reconciliation, collections, and deductions capabilities for large enterprise finance teams. Highly comparable to Recko's reconciliation + commission/payout automation for high-volume internet and B2B platforms.
- BlackLine: Public cloud platform for accounting and financial close automation, with strong account reconciliation and transaction matching modules. Directly comparable to Recko's reconciliation engine and is the incumbent that most enterprise finance teams evaluate against.
- ReconArt: Specialist account and transaction reconciliation platform serving B2B, fintech, payments, and e-commerce companies. Highly comparable to Recko on automated high-volume reconciliation use cases for internet and payment platforms.
- FloQast: Accounting close automation and reconciliation platform used heavily by accounting and finance teams to standardize reconciliations and tie-outs each month. Overlaps with Recko's reconciliation engine on close-cycle use cases for mid-to-large finance teams.
- Tipalti: End-to-end payables automation platform handling supplier onboarding, global payouts, AP workflows and tax compliance. Directly comparable to Recko's Payout product and the broader finance-ops integration thesis for high-growth digital businesses.
- Solve (formerly SolveXia): Finance automation and reconciliation workbench used by finance teams to automate spreadsheet-driven close processes and reconcile high transaction volumes. Comparable niche to Recko's reconciliation-first approach for mid-market and enterprise finance.
Emerging players
- Ramp: Corporate cards, expense, bill pay and finance automation platform that has expanded into light reconciliation and accounting workflows. Comparable as emerging finance-ops competitor with distribution advantages but narrower on transaction-level reconciliation depth than Recko.
- Brex: All-in-one financial platform combining corporate cards, bill pay, reimbursements, and embedded finance. Adjacent competitor with overlapping aspirations in automating finance-ops for high-growth businesses, though currently less specialized on payment reconciliation than Recko.
Broad incumbents
- Stripe Revenue Recognition: Internal Stripe product for automated revenue recognition and reporting. Strategically the closest internal sibling to Recko inside Stripe, addressing adjacent but not identical reconciliation/comms/payout problems.
- NetSuite (Oracle): Bundled ERP and financial-management suite for mid-market and enterprise companies, including reconciliation, revenue, and reporting. A broad incumbent alternative rather than a reconciliation specialist; customers often replace or supplement NetSuite with Recko-grade platforms.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Recko (Acquired by Stripe) social profiles
Digital presenceRecko (Acquired by Stripe) compliance and trust
Trust signalCompliance3 records
Recko (Acquired by Stripe) financial estimates
Financial estimateRevenue estimate
Valuation estimate
Recko (Acquired by Stripe) leadership team
Management profileNumber of profiles
Profiles2 records
Recko (Acquired by Stripe) funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Recko (Acquired by Stripe) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Recko (Acquired by Stripe)
What does Recko (Acquired by Stripe) do?
Recko is a SaaS Finance Operations Platform for fast-growing internet companies that automates reconciliation of payment transactions across gateways and internal systems, calculates commissions and tracks SLAs, and manages payouts to suppliers and vendors. Built on AWS cloud infrastructure, the platform delivers transaction-level accuracy at scale with PCI DSS and ISO 27001 certifications.
Is Recko (Acquired by Stripe) a public or private company?
Recko (Acquired by Stripe) is a private company. It is classified as corporate owned and is currently acquired.
When was Recko (Acquired by Stripe) founded?
Recko (Acquired by Stripe) was founded in 2017. It employs 51 to 100 people.
Where is Recko (Acquired by Stripe) based?
Recko (Acquired by Stripe) is headquartered in Bangalore, India, in the Asia region.
How does Recko (Acquired by Stripe) make money?
Two revenue lines are on record. Finance Operations Platform Subscription is the primary driver. The others are usage-based Transaction Processing.
Who are Recko (Acquired by Stripe)'s main competitors?
Direct peers on record are HighRadius, BlackLine, ReconArt, FloQast, Tipalti and Solve (formerly SolveXia). Emerging players are Ramp and Brex. Broad incumbents are Stripe Revenue Recognition and NetSuite (Oracle).
Does Recko (Acquired by Stripe) have an API?
No public API is recorded for Recko (Acquired by Stripe).
What industry is Recko (Acquired by Stripe) in?
Recko (Acquired by Stripe)'s product category is Financial Operations Software. Its primary akta.pro industry code is FSAGABAH, Payment Reconciliation, Reporting & Settlement Infrastructure, with a secondary code of FSAMAGAF, ACH Disbursements & Bulk Payout Processing. Its NAICS code is 522320 and its SIC code is 7374.