Another Public B2B Payments Provider, AvidXchange, Takes at Hit
A couple of weeks ago, Bill.com and WEX, B2B payments providers disappointed with their guidance and their stocks took a hit. This past week was AvidXchange’s turn.
Last Week Was Tough on Two Public B2B Payments Providers
Last week was brutal for two public B2B payments providers, Bill.com and WEX. Both businesses are growing more slowly and facing mix issues.
ServiceTitan S-1
ServiceTitan, the operating system for trade contractors, filed to go public. It will join the list of large, vertical SaaS public players.
Waystar IPO
Waystar, a healthcare software and payments company, filed to go public last October and will probably hit the market this week.
A Flurry of Action in Vertical B2B Software
There’s renewed action in vertical B2B SaaS. Avetta, Buyer’s Edge Platform, Model N, Ibotta, and UL Solutions all have announced transactions.
KKR to Acquire MDF Commerce
KKR is acquiring MDF Commerce in a take private transaction. It looks like a good deal for everyone, including shareholders.
Applico’s Top 50 B2B Marketplaces
Applico published its annual list of The Top 50 B2B Marketplaces. The top 10 includes two ways to get high: roofing contractors and cannabis.
PitchBook IPO Watchlist: The fintech unicorns likely to go public
The Pitchbook IPO Watchlist lists ten fintechs likely to go public. I think the algorithm might need a little fine-tuning.
Pricing Power in SMB Software
If my little business’s experience with Intuit software is indicative, there’s a lot of pricing power in SMB software.
