The Rise of Digital B2B Payments and Why We’re Excited about AvidXchange
Sapphire Ventures
The global payments market is enormous. The industry is $240 trillion in size, which is larger than the global GDP of roughly $85 trillion*. Over the past decade, startups and established players have capitalized on this opportunity by modernizing the payment process for consumers. But the business-to-business payments space, which is actually much larger than consumer payments, remains antiquated and ripe for disruption.