Recharge Buys Skio to Strengthen Shopify Subscription Business

Recharge, which handles recurring payments for over 50,000 Shopify stores, has acquired Skio, a subscription platform serving direct-to-consumer brands. The combined company will integrate Skio's customer interface—letting subscribers adjust delivery schedules—with Recharge's payment processing and smart retry system for failed charges. The deal reflects growing demand for better retention tools.