Topic
subscription-payments
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RC-hpbt / Wikimedia (CC BY 4.0)technology5 days agoDeveloping
Subscription Fintech Skio Acquired by Competitor Recharge for $105 Million in Cash
Subscription payments startup Skio has been acquired by rival Recharge in a $105 million all-cash deal. Founder Kennan Frost announced the terms after raising $8 million from investors. The acquisition follows Skio's growth to $32 million in annual recurring revenue.