AvidXchange Holdings, Inc. (“AvidXchange” or the “Company”) (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions, today announced that TPG and Corpay have completed their previously announced

Halper Sadeh LLC is investigating Couchbase, HilleVax, and AvidXchange for possible violations of federal securities laws affecting shareholders. Learn more here.

AvidXchange (NASDAQ:AVDX) has announced an exclusive partnership with Ministry Brands to enhance payment automation for faith-based and nonprofit organizations. The integration will serve Ministry Brands' network of over 90,000 churches and nonprofit organizations, providing them with AvidXchange's AP automation technology and payment solutions.The partnership aims to streamline payment processes by integrating AvidXchange's automation technology into Ministry Brands' financial and digital tools suite. Key benefits include real-time payment tracking, enhanced security features to reduce fraud risk, and improved financial visibility for church staff and volunteers.

AvidXchange (NASDAQ: AVDX) reported its Q2 2025 financial results, showing mixed performance with revenue growth but a shift to net loss. Total revenue reached $110.6 million, up 5.2% year-over-year, while the company posted a GAAP net loss of $(9.5) million compared to a net income of $0.4 million in Q2 2024.Key metrics showed steady growth with total payment volume increasing 4.1% to $21.5 billion and transaction yield improving 3.2% to $5.50. The company processed 20.1 million transactions, up 1.8% year-over-year. Non-GAAP gross profit margin improved to 73.8% from 72.6% in the previous year.Due to the pending acquisition by TPG in partnership with Corpay, AvidXchange has suspended its fiscal 2025 outlook and will not hold an earnings teleconference.

Effortlessly Switch to the AvidXchange Alternative. Pay Bills, Payroll, and Invoices Effortlessly Via ACH, Wire, Checks, Virtual Cards

AvidXchange Inc. a leading provider in accounts payable (AP) automation software and payment solutions for mid-market businesses and their suppliers,

Effortlessly Switch to the AvidXchange Alternative. Pay Bills, Payroll, and Invoices Effortlessly Via ACH, Wire, Checks, Virtual Cards

Effortlessly Switch to the AvidXchange Alternative. Pay Bills, Payroll, and Invoices Effortlessly Via ACH, Wire, Checks, Virtual Cards

Effortlessly Switch to the AvidXchange Alternative. Pay Bills, Payroll, and Invoices Effortlessly Via ACH, Wire, Checks, Virtual Cards

Effortlessly Switch to the AvidXchange Alternative. Pay Bills, Payroll, and Invoices Effortlessly Via ACH, Wire, Checks, Virtual Cards

Kaskela Law LLC is investigating the fairness of AvidXchange's proposed buyout at $10 per share, urging investors to discuss their rights.

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