Boost Payment Solutions
Founded Year
2009Stage
Series C | AliveTotal Raised
$34.68MLast Raised
$22M | 2 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+10 points in the past 30 days
About Boost Payment Solutions
Boost Payment Solutions is a FinTech company that provides corporations, institutions, and municipalities with technology-enabled solutions to optimize commercial card usage and acceptance, making the migration of paper checks to electronic payments quick and easy for all stakeholders. Boost Intercept, the company's proprietary B2B gateway platform, transforms manual virtual card payments into a straight-through processed experience for suppliers, while also benefitting buyers through rebates and operational efficiencies. B2B-specific reporting capabilities allow enterprises that accept commercial card payments from corporate customers to integrate remittance data into their own ERP platforms.
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Expert Collections containing Boost Payment Solutions
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Boost Payment Solutions is included in 2 Expert Collections, including Payments.
Payments
2,779 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
8,088 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Boost Payment Solutions Patents
Boost Payment Solutions has filed 4 patents.
The 3 most popular patent topics include:
- Mobile payments
- Payment service providers
- Payment systems
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
12/23/2019 | 11/29/2022 | Payment systems, Credit cards, Payment service providers, Online payments, Mobile payments | Grant |
Application Date | 12/23/2019 |
|---|---|
Grant Date | 11/29/2022 |
Title | |
Related Topics | Payment systems, Credit cards, Payment service providers, Online payments, Mobile payments |
Status | Grant |
Latest Boost Payment Solutions News
Sep 7, 2023
Esker partners with Boost Payment Solutions Thursday 7 September 2023 09:06 CET | News Esker has partnered with Boost Payment Solutions , aiming to transform virtual card processing for accounts receivable departments, minimising manual efforts and simplifying payment reconciliation. By leveraging Esker’s automation technology with Boost’s straight-through processing (STP) solution, this partnership intends to bring efficiency and simplicity to the virtual card acceptance process. Businesses are able to integrate virtual card payments into their accounts receivable (AR) workflows, minimising manual intervention, human errors, and improving processing time and costs. Nowadays, sending one-time-use virtual cards to suppliers is an increasingly popular payment method. However, processing these card payments by hand can be inconvenient for AR departments, as it requires a considerable amount of manual intervention. Therefore, the two companies intend to offer efficient solutions. As per the press release, this partnership will offer organisations a solution to streamline virtual card processing as well as reveal new levels of financial optimisation. About Esker Esker is a global cloud platform that works to unlock strategic value for finance, procurement, and customer service professionals. The company seeks to strengthen collaboration between companies by automating the cash conversion cycle. Its solutions incorporate AI technologies to drive productivity, enhance visibility, reduce fraud risk, and improve collaboration with customers, suppliers, and employees. Headquartered in the US, Esker operates in North America, Latin America, Europe, and Asia Pacific. In April 2023, Brother International Singapore partnered with Esker to automate the full procure-to-pay cycle, including supplier management and contract management. Brother International Singapore recognised the need for optimised procedures and simplified workflows as a producer of electronics and electrical equipment. The company turned to Esker's AI-driven solutions, which remove manual procedures, decrease mistakes, and increase visibility into spend. With this partnership, Brother International Singapore will utilise Esker's capabilities to automate its complete procure-to-pay and order-to-cash cycles. About Boost Payment Solutions Boost Payment Solutions is a player in B2B payments with a technology platform that serves the needs of commercial trading partners. Its patented technology solutions aim to bridge the needs of buyers and suppliers around the world by eliminating friction and delivering process efficiency, payment security, data insights, and revenue optimisation. Based in the US, Boost Payment Solutions currently operates in more than 45 countries.
Boost Payment Solutions Frequently Asked Questions (FAQ)
When was Boost Payment Solutions founded?
Boost Payment Solutions was founded in 2009.
Where is Boost Payment Solutions's headquarters?
Boost Payment Solutions's headquarters is located at 767 Third Avenue, New York.
What is Boost Payment Solutions's latest funding round?
Boost Payment Solutions's latest funding round is Series C.
How much did Boost Payment Solutions raise?
Boost Payment Solutions raised a total of $34.68M.
Who are the investors of Boost Payment Solutions?
Investors of Boost Payment Solutions include Mosaik Partners, North Atlantic Capital, Invictus Growth Partners, Ingwe Capital and Paycheck Protection Program.
Who are Boost Payment Solutions's competitors?
Competitors of Boost Payment Solutions include Endpoint and 4 more.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
Compare Boost Payment Solutions to Competitors
Mooncard develops a debit card that offers remotely adjustable parameters and software for administrative procedures related to business expenses. Its services include virtual cards, a mobile application, management software, an accounting engine, and more. The company was founded in 2016 and is based in Paris, France.
Brex operates as a financial solutions company. It offers a corporate credit card, expense management solutions, financial modeling, bill payment, business account, and more. The company provides its services to startups and scaling businesses. It was formerly known as Veyond. It was founded in 2017 and is based in San Francisco, California.
Moss provides an employee credit card and a spend management solution. The company offers corporate cards, invoice management, reimbursement, budget control, and more. It offers services to startups and digital companies. The company was formerly known as Vanta. It was founded in 2019 and is based in Berlin, Germany.
Endpoint provides business-to-business (B2B) card payment solutions. It develops and manages prepaid, debit, and credit card programs for corporations and banks. The platform features modern card issuing and processing with fintech functionality for payment card programs configured to meet their specific requirement. It caters to the banking industry. The company was founded in 2020 and is based in Los Angeles, California.
Cardlay is a Danish FinTech company aiming to drive effortless corporate spending by making it easy for businesses to handle cards, payments, and expenses. Its mission is to enable its partners to supply end-to-end spend management to their clients by creating a global spend management network that connects its technology to some of the biggest financial institutions and technology corporations in the world. The company was founded in 2016 and is based in Denmark.
Findity offers software for businesses to manage expenses, mileages, entertainment, and per diems in one platform that is fully compliant and automated. The white-label product provides expense management technology making it possible for businesses to bring their own branded expense solution to market. Findity was founded in 2011 and is based in Stockholm, Sweden.
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