Inkle has acquired the bookkeeping division of financial operations platform Finally, marking the AI-powered accounting firm's first acquisition and a significant step in its expansion across the U.S. small business market.

Announced on October 28, 2026, the transaction was structured as an all-cash asset purchase. Financial terms were not disclosed. The acquisition includes Finally's bookkeeping customer base, team, intellectual property and data.

Approximately 100 members of Finally's team across the Dominican Republic, Colombia, Puerto Rico and the United States have joined Inkle. The combined business now has approximately 160 employees across five countries, strengthening its capacity to deliver accounting services around the clock.

Expanding Beyond Venture-Backed Startups

Founded in 2022 by Anand Krishna and Ranvir Singh, Inkle initially built its business around accounting, tax and compliance services for venture-backed startups and technology companies.

The acquisition broadens that focus. Finally's bookkeeping business brings relationships with traditional U.S. small businesses, including owner-operated companies, professional services firms and other businesses that need ongoing financial support.

Inkle plans to use this expanded customer base to grow its presence in a market that includes contractors, clinics, restaurants and other small businesses. The company says the acquisition strengthens its position in U.S. small business accounting while extending its global delivery capabilities.

The move also represents a notable shift in Inkle's growth strategy. Rather than relying exclusively on organic customer acquisition, the company is using an acquisition to add an established customer base, experienced professionals and operational capacity.

Combining Accounting Expertise with AI

Inkle's operating model combines U.S.-licensed accounting professionals with an in-house product and engineering team that develops software and AI tools to support bookkeeping, tax preparation and compliance.

The company offers its software without a separate software charge, with customers paying for the accounting and financial services delivered. Its services can be provided through Inkle's own platform, Inkle Books, as well as platforms including QuickBooks, Xero, Zoho Books and Mercury Books.

A significant part of Inkle's product and engineering operation is based in Bengaluru, India. The team works alongside accounting professionals to develop and improve the technology supporting service delivery.

The acquisition brings that model to a larger and more diverse customer base. Inkle's expanded team is expected to support 24-hour delivery across the Americas and Asia, while increasing its capacity to provide bookkeeping, reporting, tax and compliance services.

Ensuring Continuity for Finally Customers

For Finally's bookkeeping customers, continuity is a central part of the transition. Inkle has said customers will continue working with the same professionals, with their bookkeeping history and data transferring to the new operating platform.

The acquisition follows the wind-down of Backoffice.co, Inc., the company that operated under the Finally brand. Inkle's September customer update stated that the bookkeeping business had transferred to Inkle, while other Finally products and related matters remained outside the acquired business.

Finally had built a substantial presence in financial operations for small businesses. Inkle's acquisition brings its bookkeeping operation and customer relationships into a business with an established accounting, tax and technology infrastructure.

A Profitable Growth Strategy

Inkle says it has reached profitability with approximately $1.5 million in pre-seed funding, backed by Picus Capital, Saison Capital and Force Ventures. The company is positioning its combination of professional accounting services, proprietary technology and AI as an alternative to traditional accounting firms and software-only offerings.

For co-founders Anand Krishna and Ranvir Singh, the acquisition is an opportunity to extend that model beyond the startup ecosystem and serve a wider section of the American small business economy.

The transaction gives Inkle a larger operating team, a broader customer base and additional service capabilities. It also places the company in a stronger position to pursue its ambition of building an AI-powered accounting business for U.S. companies.

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About Companies 

Inkle is an AI-powered accounting, bookkeeping, tax and compliance firm serving businesses in the United States. Founded by Anand Krishna and Ranvir Singh, the company combines accounting professionals with proprietary software and AI-enabled workflows. Headquartered in San Francisco, Inkle has a product and engineering hub in Bengaluru, India, and teams across the United States, India, the Dominican Republic, Colombia and Puerto Rico.

Finally was a financial operations platform serving small businesses in the United States. Its bookkeeping division, including its customers, team and related assets, was acquired by Inkle.

Source: Inkle official announcement