Inkle, a San Francisco startup that sells AI-assisted accounting, tax and compliance services to small businesses, has bought the bookkeeping division of Finally, a Miami fintech that sold bookkeeping and finance tools to small businesses. Inkle announced the purchase on October 28, 2026, in a post on its blog, and Refresh Miami reported it the same day. It is Inkle's first acquisition.
The deal is an asset purchase. Backoffice.co, Inc., the company that operated Finally, entered an assignment for the benefit of creditors, a form of wind-down, on September 8, 2026, and Inkle took over the bookkeeping division at that point, according to Refresh Miami. Inkle took the division's customers, team, intellectual property and data. It paid in cash and did not disclose the price.
About 100 Finally employees moved to Inkle, Refresh Miami reported. They are based in Miami, Boca Raton, New York, Puerto Rico, Colombia and the Dominican Republic. Former Finally customers keep working with the same bookkeepers, now on Inkle's platform.
What Finally built
Finally was founded in Miami in 2018 by Felix Rodriguez, Glennys Rodriguez and Edwin Mejia. It combined software with human bookkeepers to handle accounting and back-office finance for small businesses.
In September 2024 the company announced a $50 million Series B and a $150 million credit facility, which it said brought its total equity and debt commitments to $305 million, according to Refresh Miami. Inkle's post describes Finally as a company that raised hundreds of millions of dollars.
Two years after that round, the operating company entered the assignment for the benefit of creditors. The bookkeeping division is the part Inkle bought; the sources do not say what happens to the rest of Finally's business.
“Customers will continue working with their existing bookkeeping teams.”
Why Inkle is buying
Inkle was co-founded about four years ago by Anand Krishna, its CEO, and Ranvir Singh. It raised a $1.5 million pre-seed round about three years ago and says its revenue is now many times the money it has raised. Its bookkeeping software, Inkle Books, is free; the company charges for bookkeeping, tax and compliance work. Krishna told Refresh Miami that the software categorises about 90% of transactions automatically.
With the Finally team, Inkle says it now runs bookkeeping teams around the clock across the Americas and Asia, handing work across time zones. Krishna told Refresh Miami that Inkle has more than 2,000 customers and over $5 million in annual revenue after the deal. Inkle says the purchase puts it among the 500 largest US CPA firms by revenue.
"Small businesses don't want another subscription," Krishna told Refresh Miami.
How the deal was done
Although the purchase was made public on October 28, it was signed on September 8, the same day Backoffice.co entered the assignment, according to a deal recap published by Adquiere.co. The recap describes the transaction as a cash asset purchase covering about 100 employees, with no new equity issued by Inkle.
An assignment for the benefit of creditors is a state-law alternative to bankruptcy in which a company hands its assets to an assignee, who sells them and pays creditors from the proceeds. Buying a single division through that process let Inkle take on Finally's bookkeeping customers and the people who served them without taking on the company as a whole.
Inkle said the bookkeeping division's intellectual property and data were included in the sale, along with its customer relationships. The sources do not give the division's revenue or say how many customers it served before the transfer.
What happens to customers and staff
"Customers will continue working with their existing bookkeeping teams," Krishna told Refresh Miami. Inkle's post says former Finally customers keep the same professionals but now work through Inkle's platform.
The deal also gives Inkle a team in South Florida. "We expect to grow our U.S. team, including in South Florida, as we expand into the small-business market," Krishna said.
Inkle's post lists the countries the new staff work from as the Dominican Republic, Colombia, the United States and Puerto Rico. Combined with Inkle's existing teams in Asia, that lets the company pass client work between time zones so that books are handled over a 24-hour cycle.
