Press Releases

AvidXchange’s Paul Cavnaugh Honored as a CIO of the Year Finalist

CHARLOTTE, N.C., (Aug. 18, 2017) –  Paul Cavnaugh of AvidXchange™, leading fintech provider of Accounts Payable and Payment Automation for midsize companies, was honored as a finalist in the Corporate Category for the 2017 Charlotte CIO of the Year Awards at the award ceremony this morning at The Westin Charlotte. The award is

Charity 5K Rock ‘N Run at AvidXchange Music Factory for Eighth Year

 Race Helps Low-Income Families in the North End Corridor CHARLOTTE, N.C., (August 16, 2017) – The AvidXchange Music Factory will host the eighth annual Rock ‘N Run on Saturday, September 9, featuring live music, vendors, raffle giveaways and healthy-living information. The run/walk was created to promote economic development, raise community awareness, and create business alliances in the North

AvidXchange is Named to Forbes Cloud 100 List for Second Year in a Row

AvidXchange™ is named to the Forbes 2017 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world, published by Forbes in collaboration with Bessemer Venture Partners. AvidXchange™ was celebrated last night in San Francisco at The Cloud 100 Celebration, an exclusive event hosted by Bessemer Venture Partners,

AvidXchange™ Announces Addition of Board and Advisor Members, Colleen Taylor, Nicolas Westphal, and Jane Atherton to Support Growth and Continued Innovation

AvidXchange Adds Deep Banking and Payments Experience to its Board of Directors and Advisors to Support Business Growth and New Initiatives CHARLOTTE, N.C., (June 27, 2017) – AvidXchange™, a leading fintech provider of accounts payable and payment automation for midsize companies, announced today that it has added three new board

AvidXchange™ Unveils Technology Campus in Charlotte’s North End

CHARLOTTE, N.C., (June 8, 2017) – AvidXchange™, leading fintech provider of Accounts Payable Automation, invoice management software & business payment software for midsize companies, was joined by Mayor Jennifer Roberts today to celebrate the completion of its six-story, 200,000 sq. ft. corporate headquarters building as part of their growing Music Factory

AvidXchange™ Announces Strategic Partnership with Mastercard to Make AP and Payment Automation Prolific for Small and Midsize Businesses and Signs $300 Million in Financing to Support Growth and Continued Innovation

AvidXchange™ Signs $300 Million in Financing to Support Business Growth with New Initiatives,  Including The Mastercard B2B Hub that Will Deliver AP and Payment Automation through Banks CHARLOTTE, N.C., (June 8, 2017) – AvidXchange™, a leading fintech provider of accounts payable and payment automation for midsize companies, announced today its

AvidXchange™ Experiences Record Growth with Partner Program

AvidXchange™, a leading provider of accounts payable and payment automation solutions, is excited to announce record growth of its partner program. The company has experienced explosive growth over the last several years, and now its partner program is joining the ranks of the company’s major achievements. Over the past 12

AvidXchange™ and Vroozi Form Strategic Partnership to Offer a Robust Solution for Procurement through Payment to Midmarket Businesses

CHARLOTTE, N.C., (May 9, 2017) AvidXchange™, a leading provider of accounts payable and payment automation solutions, is pleased to announce its partnership with Vroozi, a leading cloud-based business purchasing platform. AvidXchange™ and Vroozi have formed a strategic partnership to deliver clients a best-in-class experience from procurement through invoice payment. For

AvidXchange Announces Sponsors for REVOLUTION 2017 User Conference

Charlotte, N.C., May 2 2017 – AvidXchange, leading provider of Accounts Payable and Payment Automation, is pleased to announce a remarkable lineup of sponsors for its annual User Conference, REVOLUTION, to be held in Charlotte, North Carolina, May 9-10. Connecting customers who face similar business challenges, AvidXchange’s REVOLUTION 2017 will provide valuable takeaways from

AvidXchange™ Announced as Title Sponsor of Third Annual Moo & Brew Festival

AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, has secured the title sponsorship of the Moo & Brew Craft Beer and Burger Festival on April 22. The event, which will be on the grounds of the AvidXchange Music Factory for its third year, will offer more than 150 types of

AvidXchange™ Adds Steve Boehm as Chief Operating Officer to Bolster Company’s Focus on End-to-End Customer Experience

CHARLOTTE, N.C., (April 3, 2017) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, announced today that it has added Steve Boehm, former eBay and payments senior leader, to its executive team. Boehm, a seasoned customer experience leader, joins AvidXchange today as Senior Vice President and Chief Operating Officer, reporting

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