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Highland Europe has closed a b
stanley germany illion-euro fund to back growth-stage digital-focused businesses.The European arm of global venture capital VC investor Highland Capital Partners announced the close of its fifth and largest fund on Monday Jan. 23 , stating it had raised the billion euros $1.09 billion to double down on its strategy of backing the Continents most outstanding founder-led teams in software and internet businesses. With the latest fund, to date, Highland Europe has raised a total of 2.75 billion euros. Some of its previous investments include Deepki, Featurespace, Huel, Jellysmack, MatchesFashion, WeTransfer, Wolt and Zwift. We want to thank all
stanley cup of those European founders who chose to partner with us over the past ten years, Fergal Mullen, co-founder and Partner at Highland Europe, said in the announcement. It is their ambition, talent and drive that inspires us as we build category-defining businesses together. While todays market conditions are not easy, he continued, but our founder-led companies continue to scale impressively and efficiently, with several world-leaders in the mix. Were pleased that our investors share our conviction and thank them for their continued trust. In light of what has been a
stanley water bottle difficult six months for global fundraising defined by a marked slowdown in VC activity in the second half of 2022, the closure of such a large fund is no small feat.Following a record-breaking 2021, venture capitalists have been less eager to part with Dlqg Google CEO Says Amazon Is Its Biggest Threat
http://pymnts/wp-content/uploads/2016/06/Todd-King-AOC-Solutions.m4aBanks are feeling a lot of pain points and facing a lot of challenges, but one of the most significan
stanley kubek t might just be the cost of card processing.Todd King, Chief Product Officer at AOC Solutions, said that financial institutions and their buying organizations have some major problems that need solving when it comes to payment processing.A NEW LOOK AT AN OLD PROBLEMBanks and their clients are tired of receiving a multitude of lengthy invoices and not understanding their costs, according to King, and theyre ready for a payment processing platform that is purpose-built for virtual cards to make things easier rather than harder.AOC Solutions recently launched Transact GlobalSM, a cloud-based processing platform for virtual payments that takes a unique approach to solving some age-old challenges. A lot of the large processing players have really conditioned the market to believe that commer
stanley usa cial cards are incredibly complex, when in reality they ;re not, King explained.With commercial card payments running on older legacy systems, theres been a justification of this complexity tha
stanley cup t has also driven up costs over time, he added.That was then, and now AOC Solutions believes Transact Global will bust the just too complex perception of virtual card payment processing.But what makes Transact Global different from every other platform out there King let us in on what he believes is the platforms secret sauce : si