Stripe acquires Recko, its first acquisition in India, to add reconciliation to its payment services stack

Stripe is making another acquisition to expand the services it offers alongside its core payments product. The company is acquiring Recko, which has built a platform that lets businesses track and automate payments reconciliation. Recko is based out of Bangalore, India, and significantly this will be Stripe’s first acquisition in the country.

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Boxed to bring proprietary e-commerce technology platform to the MENA region

October 21, 2021

Boxed, an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers, announced a partnership with 786 Holdings Limited to deliver e-commerce software and services technology to the Middle East and North Africa. The partnership is expected to initially launch in the Kingdom of Saudi Arabia and subsequently in the UAE, Egypt, Oman, Qatar, Bahrain, Turkey and Kuwait.

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Snowflake Launches Media Cloud for Ad-Related Data Tasks

October 20, 2021

Cloud database Snowflake has launched the Media Data Cloud, a collection of advertising and customer data-related services that include first party identity resolution from Experian, data clean room from Habu, AI-based insights from DataRobot, privacy solutions from LTI, and Unified IS 2.0 and data activation from The Trade Desk.  What’s special is these can all execute within Snowflake.   Previously, users would have needed to export the data from Snowflake, process it, and re-import the results.

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