Tagged: michael praeger

AvidXchange Holdings Reports Steady Business Growth

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced financial results for the fourth quarter ended December 31, 2023. Michael Praeger, CEO & Co-Founder of AvidXchange, said: “We had… Read More

Fintech Platform AvidXchange Partners with AppFolio, the Tech Firm Supporting Real Estate Sector

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced its partnership with AppFolio, the technology firm powering the future of the real estate industry. This partnership will provide customers in the real estate industry… Read More

AvidXchange, an Accounts Payable Automation Fintech, Appoints John Feldman as COO

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced that John Feldman has been elevated to the role of Chief Operating Officer of AvidXchange, Inc. Feldman will continue to “oversee the transformation of the… Read More

AvidXchange, a Provider of Accounts Payable Automation Software, Releases Environmental, Social and Governance (ESG) Report

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers,  released its 2022 Environmental, Social and Governance (ESG) Report. This report “highlights the company’s commitments to ESG, how these commitments tie back… Read More

Accounts Payable (AP) Automation Software Firm AvidXchange Claims It’s Off to a Strong Start in 2023

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AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced financial results for the first quarter ended March 31, 2023. Michael Praeger, CEO & Co-Founder of AvidXchange. “We are off to… Read More

AvidXchange Expands Capabilities with Launch of Cross-Border Payments

AvidXchange (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced the launch of cross-border payments (CBP). The embedded payment experience will be “available first to Oracle NetSuite customers and accessible in AvidXchange’s newly… Read More

AvidXChange Closes on Additional $128 Million in Equity Funding

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

AvidXchange Teams Up With ClickPay Launch to Help Accelerate Payments in the Real Estate Market

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

U.S. Fintech AvidXchange Debuts Account System Integrations For Purchase-to-Pay Solution

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

Fintech Company AvidXchange Secures $18M During Investment Round Led By Fifth Third Capital

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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

KeyBank Forays Further into Fintech with AvidXchange Partnership and Investment

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

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