AvidXchange Competitors and Similar CompaniesClear all

AvidXchange's competitors and similar companies include Paymentus and OFX.

	AvidXchange AvidXchange is a provider of accounts payable (AP) automation software and payment solutions.	Paymentus Paymentus Holdings is a company that provides billing and payment solutions.	OFX OFX (formerly known as OzForex Group) is a company that provides payments and foreign exchange solutions.
Founding Date	Founding Date 2000	Founding Date 2004	Founding Date 1998
Type	Type Public	Type Public	Type Public
Tags	Tags Technology accounting automation cloud services(SaaS)enterprise software fintech payments	Tags Financial Services financial management payments	Tags Financial Services exchange financial management money transfer payments
Locations	Locations Charlotte, US HQ Birmingham, US Burbank, US Framingham, US Houston, US Sandy, US	Locations Charlotte, US HQ Richmond Hill, CA Charlotte, US Redmond, US	Locations Sydney, AU HQ Toronto, CA Hong Kong, HK Dublin, IE Auckland, NZ Singapore, SG London, GB see more
Employees	Employees 1,600	Employees 1,26013% increase	Employees 690
Valuation ($)	Valuation ($) 1.7 b	Valuation ($) 3.1 b	Valuation ($) 361.2 m
Financial
Revenue (est.)	Revenue (est.) $438.9m (FY, 2024)	Revenue (est.) $1.2b (FY, 2025)	Revenue (est.) $187.5m (FY, 2026)
Cost of goods	Cost of goods $121.8m (FY, 2024)	Cost of goods $900.2m (FY, 2025)	Cost of goods N/A
Gross profit	Gross profit $317.2m (FY, 2024)	Gross profit $296.3m (FY, 2025)	Gross profit $191.6m (FY, 2026)
Net income	Net income $8.1m (FY, 2024)	Net income $66.9m (FY, 2025)	Net income ($391k) (FY, 2026)
Operating ⚠
Clients	Clients N/A	Clients 1.9 k (Q3, 2023)	Clients 1 m (FY, 2022)
Integrations	Integrations 240 (FY, 2023)	Integrations 400 (FY, 2022)	Integrations N/A
Transactions Processed	Transactions Processed 19.3 m (Q1, 2024)	Transactions Processed 115.4 m (Q3, 2023)	Transactions Processed N/A
Funding
Total funding raised	Total funding raised $ 1.1b	Total funding raised $ 3.6m	Total funding raised N/A