Payment processing and automation company AvidXchange closed flat in its Nasdaq debut, valuing the company at ~$4.9B, after raising $660M in an IPO (Crystal Tse/Bloomberg) –

Crystal Tse / Bloomberg:
Payment processing and automation company AvidXchange closed flat in its Nasdaq debut, valuing the company at ~$4.9B, after raising $660M in an IPO  —  – Fintech firm raised $660 million in IPO priced at top of range  — CEO sees ‘massive white-space opportunity’ in middle market

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