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Stampli, a key provider in accounts payable automation, received $61 million in its Series D venture funding round.

Blackstone BX managed funds led the effort alongside other contributions from Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.

Founded in 2015, Stampli saw significant investments that took the companys total capital to $148 million.

In 2021, Deutsche Bank Research estimated the U.S. revenue potential of AP automation and ePayments to be around $70 billion while international estimates stand at three or four times this value.

In todays environment, building a digital-first modern finance organization is a top priority for CFOs and controllers. While we are still in the early innings of AP automation, Stampli stands out as a transformative leader in this extremely large, underpenetrated market. We are thrilled to have Stampli join our growing portfolio of innovative companies, Blackstone Senior Managing Director in Israel Yifat Oron said.

Benzinga'sFuture of Digital Assetsconference, scheduled for Nov. 14, is poised to be a pivotal gathering for the digital assets community.The event will spotlight the latest trends, innovations,and challenges in the digital asset realm.

Blackstone has stakes in more than 230 companies and 12,600 real estate assets. Stamplis investment underscores the growing support investors are showing AI-powered businesses.

Read Next: Here's How Much You Would Have Made Owning Blackstone Stock In The Last 15 Years

Meet and engage with transformativeDigital Asset and Cryptobusiness leaders and investors at Benzinga's exclusive event:Future of Digital Assets. Tickets are flying:Get yours!

Image: Stampli Co-founder And CTO, Ofer Feldman (left), and Co-founder and CEO, Eyal Feldman (right).

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Who will be the UK’s next ambassador to the United States?

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Who will be the UK's next ambassador to the United States?

👉Listen to Politics at Sam and Anne’s on your podcast app👈

It might be the last full day of business before parliament wraps up for Christmas but there is plenty on the menu for Sam and Anne to tackle.

The duo look at:

  • The man to beat in the race to become the next UK ambassador to the United States

  • Britain looking set to rejoin the Erasmus student exchange programme but how much will it cost the taxpayer?

  • Gossip and fallout from the Angela Rayner polling about how she’s perceived with Labour voters

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UK

Teenage boy charged over murder of nine-year-old Aria Thorpe in Weston-super-Mare

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Teenage boy charged over murder of nine-year-old Aria Thorpe in Weston-super-Mare

A nine-year-old girl found dead in Weston-super-Mare has been named on the day police revealed a teenager had been charged with her murder.

Emergency services were called to Lime Close in the Somerset town at 6.09pm on Monday but Aria Thorpe was pronounced dead at the scene.

Police said a 15-year-old boy had been charged with her murder and that a preliminary post-mortem found she died from a single stab wound.

The teenage boy – who can’t be named due to his age – will appear at Bristol Magistrates’ Court later today.

A police cordon remains in place as forensics officers continue their work.

Flowers and tributes have been left at the scene. Pic: PA
Image:
Flowers and tributes have been left at the scene. Pic: PA

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Superintendent Jen Appleford, from Avon and Somerset Police, said the community was in shock and Aria’s family were being supported by police.

“It is impossible to adequately describe how traumatic the past 36 hours have been for them and we’d like to reiterate in the strongest possible terms their request for privacy,” she said.

Supt Appleford said police were working with local schools and other agencies to make sure support is available.

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UK

Duke of Marlborough charged with strangulation offences

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Duke of Marlborough charged with strangulation offences

The Duke of Marlborough, formerly known as Jamie Blandford, has been charged with intentional strangulation.

Charles James Spencer-Churchill, a relative of Sir Winston Churchill and Diana, Princess of Wales, is accused of three offences between November 2022 and May 2024, Thames Valley Police said.

The 70-year-old has been summonsed to appear at Oxford Magistrates’ Court on Thursday, following his arrest in May last year.

The three charges of non-fatal intentional strangulation are alleged to have taken place in Woodstock, Oxfordshire, against the same person.

Spencer-Churchill, known to his family as Jamie, is the 12th Duke of Marlborough and a member of one of Britain’s most aristocratic families.

He is well known to have battled with drug addiction in the past.

Read more from Sky News:
UK to rejoin Erasmus in 2027
Inflation falls by more than expected

Spencer-Churchill inherited his dukedom in 2014, following the death of his father, the 11th Duke of Marlborough.

Prior to this, the twice-married Spencer-Churchill was the Marquess of Blandford, and also known as Jamie Blandford.

His ancestral family home is Sir Winston’s birthplace, the 300-year-old Blenheim Palace in Woodstock.

But the duke does not own the 18th century baroque palace – and has no role in the running of the residence and vast estate.

The palace is a Unesco World Heritage Site and a popular visitor attraction with parklands designed by “Capability” Brown.

In 1994, the late duke brought legal action to ensure his son and heir would not be able to take control of the family seat.

Blenheim is owned and managed by the Blenheim Palace Heritage Foundation.

A spokesperson for the foundation said: “Blenheim Palace Heritage Foundation is aware legal proceedings have been brought against the Duke of Marlborough.

“The foundation is unable to comment on the charges, which relate to the duke’s personal conduct and private life, and which are subject to live, criminal proceedings.

“The foundation is not owned or managed by the Duke of Marlborough, but by independent entities run by boards of trustees.”

The King hosted a reception at Blenheim Palace for European leaders in July last year, and the Queen, then the Duchess of Cornwall, joined Spencer-Churchill for the reveal of a bust of Sir Winston in the Blenheim grounds in 2015.

The palace was also the scene of the theft of a £4.75m golden toilet in 2019 after thieves smashed their way into the palace during a heist.

The duke’s representatives have been approached for comment.

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