Boost Payment Solutions
Founded Year
2009Stage
Series C | AliveTotal Raised
$34.68MLast Raised
$22M | 1 yr agoAbout 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.
Boost Payment Solutions Headquarter Location
767 Third Avenue
New York, New York, 10017,
United States
212-750-7771
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
1,949 items
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Fintech
7,344 items
US-based companies
Boost Payment Solutions Patents
Boost Payment Solutions has filed 3 patents.
The 3 most popular patent topics include:
- Mobile payments
- Online payments
- Parsing algorithms
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
10/11/2012 | Payment systems, Payment service providers, Credit cards, Mobile payments, Banking technology | Application |
Application Date | 10/11/2012 |
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Grant Date | |
Title | |
Related Topics | Payment systems, Payment service providers, Credit cards, Mobile payments, Banking technology |
Status | Application |
Latest Boost Payment Solutions News
Nov 16, 2021
Conferma Pay and Boost Payment Solutions partner to provide commercial card issuers and their corporate clients, a virtual payment solution that delivers funds directly into their suppliers’ bank accounts November 16, 2021 10:15 AM Eastern Standard Time MANCHESTER, England--( BUSINESS WIRE )--Conferma Pay, the leading B2B virtual payment platform, today announced a strategic collaboration with Boost Payment Solutions, Inc. (Boost), the leader in optimizing the use and acceptance of commercial cards, providing Conferma Pay’s network of issuers and card holders with payment flexibility via Boost’s proprietary straight-through processing (STP) solution, Boost Intercept®. The global B2B payments marketplace is estimated at more than $120 trillion, yet it is still dominated by antiquated payment methods that are time consuming, labour-intensive and produce inconsistent reporting data. In today’s complex economic climate, businesses struggle to onboard new suppliers quickly and do not have the appropriate tools to manage payments made by colleagues working remotely. “Boost is excited to be working with Conferma Pay to deliver a powerful, STP solution that addresses many of the pain points associated with commercial card use and acceptance,” says Dean M. Leavitt, Founder & CEO of Boost Payment Solutions. “This collaboration will maximize commercial card acceptance by transforming what is often a cumbersome manual process into a completely seamless and touchless experience for the supplier community.” Boost Intercept provides a secure, cost-effective payment method for commercial trading partners by removing the friction of manual processes and eliminating risk associated with sharing and storing sensitive data instructions. Additionally, important cash flow benefits and operational efficiencies are realized to maximise working capital for both buyers and suppliers. Simon Barker, Conferma Pay CEO commented, “We are excited to welcome Boost to our expanding payment ecosystem. The move toward digitisation and automation in B2B payments has accelerated demand for innovative technology solutions delivering more flexible payment processes with better visibility of transaction flows. Boost’s capabilities will further expand the options available to our issuer community.” About Conferma Pay Conferma Pay is the B2B payments platform that connects business, their suppliers, and employees to realise the full potential of digitised commerce. Businesses leverage Conferma Pay’s ecosystem and next-generation payment stack to launch products quicker into new and existing markets. Conferma Pay is fully integrated with all the major card schemes and serves over 50 banking partners, who issue Conferma Pay-generated virtual cards in 100 currencies. https://confermapay.com/ About Boost As the leader in B2B electronic payments, Boost optimizes how commercial card payments are initiated, processed, received and reported. Boost’s technical innovations have transformed commercial cards into a cost effective, scalable and secure alternative to traditional payment methods. Boost features a global footprint that serves a broad spectrum of industries across 37 countries in North America, South America, Europe, Asia and Australia. Boost was founded in 2009, and is headquartered in New York, NY. Please visit us at www.boostb2b.com . Contacts
Boost Payment Solutions Web Traffic
Boost Payment Solutions Rank
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, Ingwe Capital, Invictus Growth Partners and Paycheck Protection Program.
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