– Raised $145M prior to 2021 ( Crunchbase) – Employees: 92 ( Pitchbook), down 48 since April – Website visits: 82,000 (July 2023 SimilarWeb) – Linkedin: 6,100 followers (102 employees, down 31) – Employees: 103 ( Pitchbook), down 60 since April – Website visits: 210,000 (July 2023 SimilarWeb) – Raised: $142 million including $75M in 2020 ( Crunchbase) – Employees: 217 ( Pitchbook), up 13 since Nov 2022 – Website visits: 200,000 (May 2023 SimilarWeb) – Raised $84.7M including $50M in 2021 ( Crunchbase) – HQ: San Francisco Bay Area (Mountain View) – Trustpilot score: 4.6 (395 reviews, up 14) – Linkedin followers: 2,600 (48 employees, up 16) – Software Advice rating: 4.5 (249 reviews, up 2) – iOS rating: 3.7 (88 reviews, unchanged) – Linkedin: 10,000 followers (191 employees, up 17) – Website visits: 930,000 (July 2023 SimilarWeb) – Raised $15M prior to 2021 ( Crunchbase) – Capterra rating: 4.2 (354 reviews, up 56) – Linkedin: 25,000 followers (644 employees, up 47) – Employees: 602 employees ( Pitchbook), up 5 since April – Website visits: 490,000 (July 2023 SimilarWeb) – Raised $504M including $360M in 2021 ( Crunchbase) – Employees: 1,600 ( Pitchbook), unchanged since Nov 2022 – Website visits: 88,000 (July 2023 SimilarWeb) – Market cap: $2.1B (), up $600M since 24 April 2023 NASDAQ: AVDX – Raised: $1.8B of which $660M was in 2021 ( Crunchbase) – Employees: 1,108 ( Pitchbook), down 16 since April – Website visits: 1.4M (July 2023 SimilarWeb) – Valuation: $8.3B (based on Dec 2021 round) – Employees: 2,269 ( Pitchbook), unchanged – Website visits: 2.8M (July 2023 SimilarWeb) – Raised $496M including $216M in its Dec 2019 IPO ( Crunchbase) – SoftwareAdvice rating: 4.5 ( 4,300 reviews, up 100) – Linkedin: 87,00 followers (664 employees, down 34) – Website visits: 3.7M (Mar 2023 SimilarWeb) ![]() – Rating: 4.4 ( 1,470 reviews per Software Advice). – Linkedin: 15,000 followers (303 employees, down 2) – Employees: 306 ( Pitchbook), down 37 from Mar 2023 – Website visits: 7.3M (July 2023 SimilarWeb) – Exit: Acquired by H&R Block for US$400M in June 2019 ****Funding is the amount invested into the company as either equity or debt.Ĭhallenger Billpay & Invoicing Suppliers in the United StatesįAB Score = 1,465 (down 140 since April 2023) It’s a work in progress, so expect changes down the road. The score uses money raised, valuation and website traffic as a proxy for company size and velocity of growth. We call it the FAB score, standing for Fintech Attention Barometer. ***As nerds do, we are developing a proprietary score measuring the adoption of digital financial services at private companies that do not release traditional metrics (# customers, deposits, AUM, etc). * FintechLabs receives advertising and/or affiliate revenue from the company Source: FintechLabs, 29 August 2023 using data from Crunchbase, SimilarWeb, SEMrush, Pitchbook, Linkedin BillPay & Invoicing Startups ( ranked by FAB score***) Rank The FAB Score Ranking (Fintech Attention Barometer) is a proxy for the size of a private fintech company. NEW: Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? Check out our latest lists: SMB online lenders (33) | SMB challenger banks (12) | SMB insurers (15) | SMB charge cards/expense management (16) | Billpay & invoicing (17)| Payment processors (7) | Subscription processors (7) | SMB digital accounting/bookkeeping (21) Make a payment of $200 or more with Melio. Vendors get a check or a bank transfer-and don’t even need to sign up. ![]() Melio gives businesses the flexibility to pay vendors, suppliers, and contractors exactly the way they want.
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