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  • Charlotte-based financial tech firm raises $300 million for major expansion

    Michael Praeger, CEO of AvidXchange, announces a new partnership with Mastercard and the signing of $300 million in financing to support growth and development while unveiling their new building.

Michael Praeger, CEO of AvidXchange, announces a new partnership with Mastercard and the signing of $300 million in financing to support growth and development while unveiling their new building. Jenna Eason The Charlotte Observer
Michael Praeger, CEO of AvidXchange, announces a new partnership with Mastercard and the signing of $300 million in financing to support growth and development while unveiling their new building. Jenna Eason The Charlotte Observer

Charlotte-based financial tech firm raises $300 million for expansion; adds 600 jobs

June 08, 2017 12:17 PM

UPDATED June 08, 2017 04:43 PM

More Videos

Blue Line extension spurs development but is it walkable? 0:48

Blue Line extension spurs development but is it walkable?

Davidson's largest employer has a surpising problem 2:09

Davidson's largest employer has a surpising problem

What's rising at the old Observer site 1:05

What's rising at the old Observer site

Suburban apartments are popping up 0:48

Suburban apartments are popping up

Charlotte Hornets' Dwight Howard impressed with his new city of Charlotte 1:11

Charlotte Hornets' Dwight Howard impressed with his new city of Charlotte

This video is how Charlotte pitched itself to Amazon 5:31

This video is how Charlotte pitched itself to Amazon

Cam Newton: Green Bay Packers are a different team with Aaron Rodgers on the field 1:21

Cam Newton: Green Bay Packers are a different team with Aaron Rodgers on the field

Man shoots store clerk over 46 cents. it was all caught on camera. 1:40

Man shoots store clerk over 46 cents. it was all caught on camera.

Carolina Panthers wish fans happy holidays 1:36

Carolina Panthers wish fans happy holidays

New interim DA Merriweather speaking after swearing in ceremony 1:52

New interim DA Merriweather speaking after swearing in ceremony

  • Blue Line extension spurs development but is it walkable?

    Construction along the Blue Line extension in the University City area is nearing completion and development is following. In some cases new gas stations and storage facilities are appearing.