avidXchange

Earnings Drive FinTech IPO Index 8.1% Higher, Led by Sezzle and Open Lending  
Earnings Drive FinTech IPO Index 8.1% Higher, Led by Sezzle and Open Lending  
May 09, 2025  |  Fintech Investments

The earnings season floodgates opened this past week for the FinTech IPO Index, and outsized gains by several names sent the overall index up by...

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Corpay, TPG to Acquire AvidXchange in $2.2 Billion Deal
Corpay, TPG to Acquire AvidXchange in $2.2 Billion Deal
May 06, 2025  |  Acquisitions

Corporate payments firm Corpay and global asset management firm TPG have entered into a deal to acquire accounts payable (AP) automation software provider AvidXchange. Financial...

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AvidXchange Weighs Sale Amid Turbulent Market Conditions
AvidXchange Weighs Sale Amid Turbulent Market Conditions
March 14, 2025  |  Acquisitions

Is AP automation solution provider AvidXchange for sale? Bloomberg reports that the firm, specializing in bill payment and receipt solutions for midsize businesses, is exploring...

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Flywire Leads FinTech IPO Index’s Post Earnings 6.2% Slump
Flywire Leads FinTech IPO Index’s Post Earnings 6.2% Slump
February 28, 2025  |  IPO

The FinTech IPO Index was awash in a sea of red this past week, with nary a positive showing to be found. Earnings were met,...

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FinTech IPO Index Gains 1.2% as MoneyLion and Sezzle Surge
FinTech IPO Index Gains 1.2% as MoneyLion and Sezzle Surge
May 31, 2024  |  Fintech Investments

Earnings dragged down several names in the FinTech IPO Index, but the overall performance was positive, up 1.2%. A few double-digit gainers led the way....

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AvidXchange and MIP Partner on AP Automation for Nonprofits
AvidXchange and MIP Partner on AP Automation for Nonprofits
May 23, 2024  |  Partnerships

AvidXchange and MIP Fund Accounting by Community Brands partnered to provide a fully digitized invoice-to-pay process to nonprofit groups. With this collaboration, AvidXchange’s accounts payable (AP) automation solution has...

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AvidXchange and AppFolio Team on AP Automation for Property Management
AvidXchange and AppFolio Team on AP Automation for Property Management
November 08, 2023  |  B2B Payments

AvidXchange announced Wednesday (Nov. 8) an integration partnership with AppFolio, a real estate-focused solutions provider. The partnership between AvidXchange and AppFolio aims to enhance accounts payable automation benefits for AppFolio’s 19,000...

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AvidXchange Adds Lien Waiver Management Feature for Construction Industry
AvidXchange Adds Lien Waiver Management Feature for Construction Industry
June 01, 2023  |  B2B Payments

AvidXchange has added a Lien Waiver Management feature for the construction industry. This new feature has been added to the company’s TimberScan purchase-to-pay platform and associates the release of funds...

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AvidXchange Offers Credit Unions Invoice-to-Pay
AvidXchange Offers Credit Unions Invoice-to-Pay
March 07, 2023  |  Credit Unions

Payments solutions company AvidXchange has a new solution for credit unions. The company has begun a referral partnership with KeyStone by Corelation, according to a...

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