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Y Combinator alum Skio sells for $105M cash, only raised $8M, founder says

Skio, a subscription billing fintech and Y Combinator alum, has been acquired by competitor Recharge for $105 million in cash. The company had only raised $8 million in funding prior to the sale, making it a notable exit in the fintech space.

Background

Skio is a subscription billing platform that helps businesses manage recurring payments, and was part of Y Combinator's startup accelerator program.

Source
TechCrunch
Published
May 1, 2026 at 07:58 AM
Score
6.0 / 10