Inkle Buys Finally's Bookkeeping Arm, Team Grows to 160
Inkle, a Bengaluru-built accounting firm headquartered in San Francisco, has acquired the bookkeeping division of Finally. The deal was all cash and its terms were not disclosed. Inkle's team now numbers about 160 people across five countries, and the firm is expanding its work from startups to non-tech small businesses.
Quick glossaryInkle, Bookkeeping, All-cash deal
- Inkle
- A Bengaluru-built accounting firm, headquartered in San Francisco, as described in the story.
- Bookkeeping
- The routine work of recording a business's money coming in and going out so its accounts stay accurate.
- All-cash deal
- A purchase paid fully in money upfront, rather than partly with shares or loans or other payments over time.
Burning Potato score: 68%