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FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

PYMNTS

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

The firm has 1,300 employees across offices in seven states and is distinguished as a global FinTech unicorn. percent through 2028, according to Boston Consulting Group. Revenue growth in the business payments sector is expected to grow by around 5.6 The company announced on Thursday (Dec.