AMSTERDAM: Dutch internet company WeTransfer would receive an investment of $25m (€22m) from Highland Capital Partners (HCP) to help it ‘conquer the American market’. WeTransfer, which makes possible the free transfer of big files, has 25 million unique users a month who make 70 million transfers, mainly in Europe.
In return for the investment, HCP will receive a ‘small minority interest’, WeTransfer CFO Stefan Verkerk told the Financieele Dagblad. He did not want to say how big HCP’s interest will be because ‘then you can estimate the company’s value which we would rather avoid’, the FD says.