In a significant move to enhance its financial technology offerings, Brazilian automation specialist Stoque has acquired Rectask, a developer of specialized credit processing software. This acquisition addresses the growing pressure on financial institutions to cut costs, navigate complex regulations, and accelerate credit decisions. The deal positions Stoque as a key player in the automation of critical back-office operations for the financial sector.
A Strategic Pivot to Software
This acquisition is the latest milestone in Stoque's deliberate transformation from a service-oriented company into a technology-first enterprise. This journey, supported by a 2019 investment from the Kinase fund and the 2022 purchase of the Zeev automation platform, has been highly successful. Software now accounts for nearly 60% of Stoque's revenue, a dramatic rise from just 8% a few years prior.
The Power of Specialized Credit Automation
Rectask provides a powerful, validated platform that automates the entire credit workflow, a process historically burdened by manual tasks. Its technology has proven capable of dramatically reducing loan approval times from as long as 60 days to approximately eight days. Last year alone, the platform managed over 77,000 credit proposals, totaling more than R$31 billion in value for major financial institutions.
Creating a Comprehensive Financial Ecosystem
The integration aims to build a complete, end-to-end automation ecosystem for financial services, formalizing a partnership that began in 2021. Stoque plans to combine Rectask's specialized credit engine with its own Zeev platform for broader process orchestration and AI-driven document analysis. This synergy will create a single, robust solution capable of managing the entire credit lifecycle with unprecedented efficiency.
Financial Growth and Market Consolidation
Financially, the combined entity is projected to generate between $25 million and $26 million in revenue this year, with Rectask contributing up to 12%. This acquisition builds on Stoque's impressive growth, which has seen the company more than double its revenue since 2020. The move solidifies the financial sector, already 35% of Stoque's business, as a primary engine for future expansion.
A Vision for Operational Excellence
For clients, this union promises a new standard of operational excellence built on performance, productivity, and compliance. The integrated technologies will enable financial institutions to scale their operations while maintaining strict technical and regulatory rigor. By eliminating manual tasks, the platform frees up teams to focus on strategic analysis, driving growth without increasing fixed costs.
The acquisition of Rectask is a clear indicator of Stoque's strategic focus on delivering specialized, high-impact automation solutions. By embedding deep industry expertise into its technology portfolio, the company is not just expanding its market share but also redefining efficiency in financial services. This move reinforces Stoque's position as a leader committed to helping organizations achieve their full potential through intelligent process automation.