PYMNTS

DECEMBER 9, 2019

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. percent through 2028, according to Boston Consulting Group. This latest fundraising could top $300 million. AvidXchange previously raised $300 million in 2017 at a $1.4 The company announced on Thursday (Dec.

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PYMNTS

DECEMBER 9, 2020

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.

Innovation 297

Innovation Fintech Cards Payments 297

PYMNTS

SEPTEMBER 4, 2019

The shortage could top 100,000 drivers in five years and 160,000 drivers in 2028. And yet, Supply Chain Dive reported this week that the number of trucking companies that have shuttered has more than tripled so far in 2019 to 640 trucking companies, according to data from Broughton Capital.

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CB Insights

JUNE 4, 2019

In this report, we examine how fashion brands are leveraging technology to make clothing production and consumption more sustainable, from the use of plant-based textiles and bacteria-based dyes to leveraging a blockchain-based supply chain to increase transparency. 3D printing technology could also help automate the manufacturing process.

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Industry Branding Examples Innovation 78