Recko is a fintech startup that enables AI-powered reconciliation of digital transactions & keeps track of the complete transaction lifecycle for organizations.
Recko works with businesses to help solve efficiency problems with payments reconciliation.
Recko was founded in 2017 by Saurya Prakash Sinha and Prashant Borde. The company is headquartered in Bangalore, Karnataka, India.
Recko is on a mission to streamline every reconciliation flow in the transaction lifecycle and unlock massive efficiency and accuracy gains.
Recko is built on AI-powered algorithms that are designed for speed, scaling, and extraordinary accuracy. Reconcile millions of transactions in a matter of minutes, and the entire process from ingestion to reconciliation takes less than an hour.
Recko is rehashing the transaction lifecycle so that businesses can manage it effortlessly. The company counts the likes of Grofers, Meesho and Dunzo among its customers.
Recko is backed by Vertex Ventures SEA and India, and Prime Venture Partners. The company raised $6M in a Series A round on April 02, 2020. This brings Recko's total funding to $7M to date.