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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. percent through 2028, according to Boston Consulting Group. Nashville community bank Studio Bank was the first FI to adopt the AvidPay solution. This latest fundraising could top $300 million.

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5G & The Future Of Connectivity: 20 Industries The Tech Could Transform

CB Insights

Move over, 4G — the next generation of wireless technology is here. 5G technology will enable wider network coverage, more stable internet connections, and faster data transfer speeds (from 4G’s 1Gbps to 10Gbps). 5G technology could integrate many unconnected, energy-consuming devices through low-cost connections.