Press Releases

AvidXchange Announces New FastPay Political+ Platform Automating the Buying and Selling Process for Political Media Agencies

CHARLOTTE, N.C. (Jan. 20, 2022) – AvidXchange Holdings, Inc. (“AvidXchange”) (Nasdaq: AVDX), a leading provider of accounts payable and payment automation solutions for the middle market, today announced FastPay Political+, a major enhancement of the company’s industry leading platform FastPay Political, designed to help political agencies and media suppliers nationwide

AvidXchange Announces Third Quarter 2021 Financial Results

CHARLOTTE, N.C., Nov. 16, 2021 — AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced financial results for the third quarter ended September 30, 2021. “I am pleased to report that we delivered

AvidXchange Announces Pricing of its Upsized Initial Public Offering

AvidXchange Holdings, Inc. (“AvidXchange”) (Nasdaq: AVDX), a leading provider of accounts payable and payment automation solutions for the middle market, today announced the pricing of its upsized initial public offering of 26,400,000 shares of its common stock at a price to the public of $25.00 per share.

AvidXchange Adds Chief Product Officer to Accelerate Product Innovation

CHARLOTTE, N.C. (Aug. 30, 2021) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced that Joseph Fox has joined AvidXchange as Chief Product Officer to lead the company’s overall product strategy and drive more value for customers through accelerated product innovation. In

AvidXchange Announces AvidPay Integration with TimberScan to Create a Complete Purchase to Pay Solution for the Construction Industry

CHARLOTTE, N.C. (July 7, 2021) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced AvidPay is now integrated with TimberScan to create a complete purchase to pay AP solution for construction industry professionals. This new flexible API integration enables “AvidSuite

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