Analysis: payments processing and automation company AvidXchange raised $660M in its IPO, selling shares for $25, giving an implied $4.9B valuation (Bloomberg)


Bloomberg:

Analysis: Payment processing and automation company AvidXchange raised $ 660 million. In its IPO and sold shares for $ 25, giving an implied valuation of $ 4.9 billion.– The financial technology company AvidXchange Holdings Inc. raised $ 660 million in a first public offering and priced its shares at the top of a marketed range …

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