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FinTech Concierge Platform 100Group Buys ReCo

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FinTech concierge platform 100GROUP has bought ReCo Cashiering system from Norton Technologies, according to a Monday (Feb. 21) press release.

ReCo is a revenue collections software used for local and state government municipalities to collect things like property taxes, motor vehicle fees and other such duties.

ReCo’s legacy team will now be part of ReCo LLC, which will be integrated with the 100GROUP to bolster its suite of offerings.

According to the release, the acquisition fits in with 100GROUP’s idea of aligning with companies in “niche markets who have a dominant presence in their space,” and as concierge style is ReCo’s main value, it was a “perfect fit.”

The 100GROUP Luxury Business Concierge Platform will integrate ReCo’s products with the 100GROUP advanced technology suite. ReCo will still be led by Gary Norton and Benjamin Latimer, as it was in the past, per the release.

“After working with the ReCo team for the past 4 years, we got firsthand experience on how dedicated they are to their clients, and how much their clients loved their product,”…

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