3min chapter

The Founders Lounge cover image

From a Drunk Night Out to a $30M+ Startup Exit - Nick Telson (DesignMyNight, Trumpet) | E69

The Founders Lounge

CHAPTER

A New EU Payment Law That's Coming Out

We were putting through hundreds of millions of pounds in terms of payments people buying tickets and deposits. We'd never heard of this law so we were like I actually have no idea about it and they were like the acquirer wants to know what your strategy is. So we spoke to strike so strike powered all of our payments and then from there it took about a month maybe three weeks of due diligence and then closing the deal. It nearly fell through on the last day the day that we were signing the deal but we got it over the line again.

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