December 19, 2018

Invoice Cloud joins hands with General Atlantic for next stage growth

The partnership seeks to expand Invoice Cloud’s global presence by increasing investments along with Summit Partners to better serve customers and partners.

Invoice Cloud

SaaS-based payment solution provider Invoice Cloud have entered into a partnership with equity firm General Atlantic to embark on their next stage of growth. With this alliance fortified, General Atlantic will join hands with Summit Partners to expand Invoice Cloud’s global footprint. 

According to Invoice Cloud, enterprises doing business digitally bank on online payment software and applications to simplify their transaction. They believe that the cloud has its own advantages, if deployed as a service, when it comes to accelerating these transactions. 

By extending their current partnership with General Atlantic, Invoice Cloud believe that their global plans will receive a huge boost wherein they can realise vital goals such as customer engagement, go-to-market strategies, business alliances and so on. They claim that along with Summit Partners, General Atlantic will be able to leverage their investment expertise in software and payments sector. 

Supporting Invoice Cloud’s thoughts, General Atlantic claim that they will continue investing in order to meet customer expectations through continuous innovation and technological breakthroughs. They further added that the company (Invoice Cloud) have achieved substantial growth till now and is poised to grow further by penetrating untapped markets.

Paul Stamas, MD at General Atlantic is thrilled to extend this business relationship with Invoice Cloud. He claims that with a global vision, General Atlantic will leave no stone unturned while making Invoice Cloud the preferred solution for online payments.

It will be interesting to see how Invoice Cloud grows with this investment, following the partnership of Actifio with Onix.