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AvidXchange raised $260m Series F led by TPG

Charlotte based provider of accounts payable (AP) and payment automation solutions for the middle market raised $260m led by TPG. 

“We’re shaping the future of the B2B payments industry by fundamentally changing the way businesses pay their bills, providing a single platform for AP and payments with the largest payments network for the middle market,” Michael Praeger, AvidXchange CEO and co-founder

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trade finance, invoice financing