Tagged: avidxchange

April 23, 2020 @ 5:05 pm By JD Alois  |  

AvidXchange has closed on an additional $128 million in equity capital according to a company release. The money is an extension of a funding round from earlier this year that reported a $260 million investment thus bringing the total to $388 million. Investors included; Lone… Read More

April 23, 2020 @ 4:29 pm By JD Alois  |  

Earlier this week, Crowdfund Insider wrote about the challenges some Fintech lenders are encountering due to the ongoing COVID-19 pandemic. Online lenders in the SME, consumer, and real estate sector are seeing a shift in business as borrowers and investors back away in a market… Read More

January 17, 2020 @ 4:43 pm By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Friday it has raised $260 million in equity capital as part of the company’s latest financing round. With contributions from TPG Sixth Street Partners and other leading investors, this brings… Read More

October 14, 2019 @ 10:10 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Monday it has expanded its strategic e-payments partnership with MRI Software, a real estate software solutions provider. AvidXchange reported that as part of the enhanced partnership, it and… Read More

September 24, 2019 @ 10:58 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday launch of new functionalities for its AvidXchange for NetSuite (AFN) SuiteApp. AFN, built using the Oracle NetSuite SuiteCloud Computing Platform, automates the entire invoice to payment process,… Read More

August 27, 2019 @ 11:41 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday it is set to acquire accounting solutions provider, BankTEL. AvidXchange reported that as one of its companies BankTEL will be able to offer its clients access to… Read More

July 21, 2019 @ 9:42 pm By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced last week it has expanded  its Charlotte headquarters campus. AvidXchange reported that the new, 201,000 square-foot facility on the AvidXchange Music Factory campus will allow the company to accommodate an… Read More

May 16, 2019 @ 8:08 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Wednesday it has launched accounts payable automation with its AvidXchange Strongroom product to more than 500 community management companies and 50,000 homeowners associations (HOAs). According to AvidXchange, the… Read More

October 18, 2018 @ 4:49 pm By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Thursday it has appointed former Tesla executive, Denise Leleux, as its new Senior Vice President for Supplier Services. AvidXchange reported that while at Tesla, Leleux led Global Customer Experience for the… Read More

October 16, 2018 @ 7:47 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Monday it has formed a partnership with ClickPay, a provider of comprehensive electronic payment solutions for the multifamily, HOA, condominium and co-op segments of real estate industry, to help… Read More

June 7, 2018 @ 9:45 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Thursday it has formed a new partnership with HomeTrust Bank to bring Account payable automation and payment solutions payment solutions to treasury customers. According to the duo, through… Read More

May 15, 2018 @ 1:49 pm By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday it has formed a multi-year partnership with Premier Community Bank to bring technology solutions to Homeowner Association (HOA) management customers. According to AvidXchange, through the new partnership, Premier… Read More

April 16, 2018 @ 2:47 pm By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Monday it has teamed up with GCPay to launch an automation solution for construction firms. The new solution, called AvidXChange Construction Payment Solution, has features that managing an entire project lifecycle.  While sharing details about… Read More

March 15, 2018 @ 8:44 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Thursday the launch of its first wave of accounting system integrations for its new end-to-end spend management platform. According to AvidXchange, as part of the 2017 Ariett acquisition, the… Read More

June 9, 2017 @ 6:41 am By Jonathan Nieh  |  

Charlotte-based fintech firm AvidXchange, which provides accounts payable and automated payment solutions to midsize businesses, announced a strategic partnership with Mastercard along with a separate capital raise of $300 million. Both the strategic partnership with Mastercard and the capital raise of $300 million will go towards the… Read More

November 29, 2016 @ 9:55 am By Samantha Hurst  |  

AvidXchange, a fintech provider of accounts payable and payment automation, announced on Monday it secured $18 million during a recent investment round, which was led by Fifth Third Capital, a subsidiary of Fifth Third Bancorp, with participation from Pivot Investment Partners. The company stated it is planning to use the… Read More

September 24, 2015 @ 11:50 am By Erin Hobey  |  

Brick and mortar KeyBank announced a strategic partnership and minority investment in AvidXchange, a leader in accounts payable automation solutions. Charlotte-based AvidXchange recently completed a $225 million minority growth financing led by Bain Capital Ventures, with contributions from Foundry Group, NYCA Partners, KeyBank, Square 1 Bank and TPG Special… Read More