AvidXchange Competitors and Similar CompaniesClear all

Nexus Systems's competitors and similar companies include Paymentus, OFX and FreshBooks.

	Nexus Systems Nexus Systems is a company developing an accounts payable and payments automation platform.	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.	FreshBooks Freshbooks (also known as 2ndsite) is a company that provides cloud-based accounting software for small business owners.
Founding Date	Founding Date 1999	Founding Date 2004	Founding Date 1998	Founding Date 2003
Type	Type Subsidiary	Type Public	Type Public	Type Private
Tags	Tags Technology accounting automation enterprise software fintech payments	Tags Financial Services financial management payments	Tags Financial Services exchange financial management money transfer payments	Tags Technology accounting cloud enterprise software fintech payments platform
Locations	Locations Falls Church, US HQ	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	Locations Toronto, CA HQ Zagreb, HR San Luis Potosí, MX Amsterdam, NL Raleigh, US San Antonio, US
Employees	Employees 2221% decrease	Employees 1,26013% increase	Employees 690	Employees 441
Valuation ($)	Valuation ($) N/A	Valuation ($) 3.1 b	Valuation ($) 361.2 m	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) $16.1m (FY, 2020)	Revenue (est.) $1.2b (FY, 2025)	Revenue (est.) $187.5m (FY, 2026)	Revenue (est.) N/A
Cost of goods	Cost of goods N/A	Cost of goods $900.2m (FY, 2025)	Cost of goods N/A	Cost of goods N/A
Gross profit	Gross profit N/A	Gross profit $296.3m (FY, 2025)	Gross profit $191.6m (FY, 2026)	Gross profit N/A
Net income	Net income N/A	Net income $66.9m (FY, 2025)	Net income ($391k) (FY, 2026)	Net income N/A
Operating ⚠
Clients	Clients N/A	Clients 1.9 k (Q3, 2023)	Clients 1 m (FY, 2022)	Clients N/A
Countries	Countries N/A	Countries N/A	Countries 8 (FY, 2022)	Countries 160 (Jan, 2024)
Industries Served	Industries Served 9 (Mar, 2023)	Industries Served N/A	Industries Served N/A	Industries Served 7 (Jan, 2024)
Integrations	Integrations 8 (Mar, 2023)	Integrations 400 (FY, 2022)	Integrations N/A	Integrations N/A
Trademarks	Trademarks N/A	Trademarks 15 (FY, 2022)	Trademarks N/A	Trademarks 36 (Jan, 2024)
Funding
Total funding raised	Total funding raised $ 28m	Total funding raised $ 3.6m	Total funding raised N/A	Total funding raised $ 73m