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AvidXchange™ Announces New Offerings for Suppliers

Jen Ittenbach
February 16, 2017

CHARLOTTE, N.C., (February 16, 2017) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, announced today that they have unveiled new offerings for suppliers by the name of AvidXchange Cashflow Manager™. AvidXchange has experienced phenomenal growth over the last several years, and a key part of AvidXchange’s customer ecosystem is its customers’ suppliers. AvidXchange has

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AvidXchange™ Welcomes Joel Wilhite as Chief Financial Officer

Jen Ittenbach
February 7, 2017

CHARLOTTE, N.C., (February 7, 2017) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, is pleased to announce the addition of Joel Wilhite as Chief Financial Officer (CFO). Joel is a seasoned financial executive with over 20 years of experience in progressive growth companies. Embarking on 2017 after another year of tremendous growth and hiring

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AvidXchange™ and GCPay.com Form Strategic Partnership to Bring Best-In-Class Offerings to the Construction Industry

Jen Ittenbach
February 2, 2017

CHARLOTTE, N.C., (February 2, 2017) AvidXchange™, a leading provider of accounts payable and payment automation solutions, is pleased to announce its partnership with GCPay.com, the construction industry’s leading online platform for automating subcontract management processes . AvidXchange™ and GCPay.com have formed a strategic partnership to deliver clients a best-in-class payment automation solution designed to meet

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AvidXchange™ Named to Charlotte Business Journal’s “Fast 50” List for Sixth Consecutive Year

Jen Ittenbach
December 12, 2016

CHARLOTTE, N.C., (Dec. 12, 2016) AvidXchange™ received the Charlotte Business Journal’s Fast 50 Award during a ceremony at the Hilton Charlotte Center City. The Fast 50 program recognizes the top 50 growing companies with revenues of $1 million, or more, in the 16-county Charlotte region. Winners were selected with a formula that percentage growth for

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AvidXchange™ Closes Strategic Investment Round

Jen Ittenbach
November 28, 2016

CHARLOTTE, N.C. (Nov. 28, 2016)AvidXchange™, leading FinTech provider of Accounts Payable and Payment Automation, announced today that it has added another set of strategic Investors in its recent $18 million strategic investment round.  This investment was led by Fifth Third Capital, a subsidiary of Fifth Third Bancorp, with participation from Pivot Investment Partners. Financial Technology Partners (FT Partners)

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AvidXchange™ Wins Charlotte Business Journal’s Best Places to Work Award for the Eighth Consecutive Year

Jen Ittenbach
November 18, 2016

CHARLOTTE, N.C., (Nov. 18, 2016) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, was named as the #3 Extra Large Company to work for in Charlotte by the Charlotte Business Journal at the awards dinner Thursday. The Charlotte Business Journal selects the winners based on a combination of criteria that span from community involvement

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AvidXchange™ Ranked Number 268th Fastest Growing Company in North America on Deloitte’s 2016 Technology Fast 500™

Adam Frazier
Adam Frazier
November 17, 2016

CHARLOTTE, N.C., (Nov. 16, 2016) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, today announced that it ranked 268 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. A key criteria for designation is percentage fiscal year revenue growth

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AvidXchange™ Receives Top Midsize Technology Company Award from the North Carolina Technology Association

Adam Frazier
Adam Frazier
November 11, 2016

CHARLOTTE, N.C., (November 11, 2016) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, received the Top Midsize Technology Award at the North Carolina Technology Association’s (NCTA) gala last night at the Raleigh Convention Center. The NC Tech Awards is North Carolina’s largest and most prestigious statewide technology awards program. AvidXchange has been an NC

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AvidXchange CEO, Michael Praeger, to Speak at Money 20/20

Adam Frazier
Adam Frazier
October 24, 2016

CHARLOTTE, N.C., (Oct. 24, 2016) – AvidXchange™ CEO and Co-Founder, Michael Praeger, will join other CEOs as part of Money20/20’s “Building a Billion-Dollar Financial Services Company: When Startups Grow Up” on October 24, 2016 in Las Vegas, NV. All the FinTech CEOs on the panel have turned a business plan into a successful company, raised significant venture funding, and

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AvidXchange™ Announced as Platinum Sponsor of MRI’s International User Conference for the Sixth Consecutive Year

Adam Frazier
Adam Frazier
October 12, 2016

Charlotte, NC (October 12, 2016) AvidXchange™, leading provider of AP and Payment Automation, is proud to announce Platinum sponsorship of MRI’s 2016 International User Conference. AvidXchange has been a sponsor of MRI’s IUC since 2002, and is the exclusive Platinum Sponsor for the sixth consecutive year. The conference is taking place October 23 – 26,

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AvidXchange™ is Named to 2016 Grant Thornton North Carolina 100® for 3rd Consecutive Year

Adam Frazier
Adam Frazier
October 11, 2016

CHARLOTTE (October 11, 2016) – AvidXchange™ is named one of the largest privately-held businesses in North Carolina as recognized by the 2016 Grant Thornton North Carolina 100® (NC100) for the third consecutive year. To view the list, please visit www.GrantThornton.com/NC100. The list will appear in the October edition of Business North Carolina magazine. “We are

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AvidXchange™ is Named to First-Ever Forbes 2016 World’s Best 100 Cloud Companies

Adam Frazier
Adam Frazier
September 13, 2016

NEW YORK (Sept. 13, 2016) – AvidXchange™ is named to the first-ever Forbes 2016 Cloud 100, the definitive list of the top 100 private cloud companies in the world, developed in partnership with Bessemer Venture Partners. To view the list, please visit www.forbes.com/cloud100. The list will appear in the October 4, 2016 issue of Forbes

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