CHARLOTTE — AvidXchange, a fintech software provider, expanded its executive team by naming four new executives.
[The fintech firm, which is valued at more than $1 billion and therefore is considered a unicorn, is privately held.]
AvidXchange
The new appoinments include two chief officers — Angelic Gibson as chief information officer and Don Finucane as chief product officer — and two new senior executive members: Mike Travis has become senior vice president of sales and Jessica Antle signed on as senior director of marketing communications.
The fintech software company said these new additions are part of an ongoing expansion at the AvidXchange headquarters in Charlotte.
AvidXchange is focused on providing accounts payable and payment automation solutions for midsize companies.
‘Unicorn’ AvidXchange to add more than 1,200 jobs in Charlotte HQ expansion
The new leaders will work together to continue advancing the company’s focus.
“Bringing experienced industry experts to AvidXchange is key to our growth,” said CEO Michael Praeger in a statement. “I’m looking forward to working with them to help define our strategic direction. We want to create a work environment that fosters personal growth and development, and great leaders are an important resource to help employees succeed in their goals as we continue to scale our operations.”
AvidXchange serves over 5,500 clients throughout North America and is a leading provider for automating invoice and payment processes through many industries including real estate, financial services, construction, health and human resources and hospitality.
The fintech company has been recognized as the top software company in North Carolina by the North Carolina Technology Association, one of the 50 fastest-growing private companies in the Charlotte area for six consecutive years. It was also among Deloitte’s Fast 500 this past year and was recently named the top 100 technology companies in North America by Red Herring.
Lastly, AvidXchange has been recognized as one of the Best Places to Work in Charlotte for eight consecutive years.
More information on the new leaders can be found online.
This story is from the North Carolina Business News Wire, a service of UNC-Chapel Hill’s School of Media and Journalism
