The payment automation software provider, which counts Mastercard and several banks among its investors, has bagged another $130m.

AvidXchange, a US-based payment technology provider backed by payment services firm Mastercard, has raised $130m from two undisclosed investors, according to a regulatory filing. Founded in 2000, AvidXchange provides software that integrates with the existing systems of a business to help them automate financial functions such as making payments and processing invoices and accounts payable.…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.