Thiel-backed payments firm AvidXchange files for U.S. IPO

  • 10/4/2021
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Oct 4 (Reuters) - AvidXchange Inc, a business payments firm backed by billionaire venture capitalist Peter Thiel, is looking to raise up to $506 million through an initial public offering in the United States, a regulatory filing showed on Monday. (Reporting by Sohini Podder and Eva Mathews in Bengaluru; Editing by Maju Samuel) Our Standards: The Thomson Reuters Trust Principles.

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