Tagged: avidxchange

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