team.blue to acquire Slovak company Billdu
Belgian company team.blue buys Slovak company Billdu, which develops invoicing software for small businesses. "First it will buy the remaining shareholders' stakes and part of mine, and in 2-3 years it will buy the rest," says Erik Hudák, CEO and founder of Billdu. The price ran to eight figures, which makes Billdu one of the most successful Slovak startups. It was founded in 2012 under the name miniFaktúra and had 200,000 users so far. Its main markets are the US, Australia, the UK, Germany and France. The new owner wants to develop the company further.
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