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Boost Payment Solutions

“Can a B2B payments specialist own the interchange-optimization layer between commercial card issuers, AP platforms, and global suppliers?”

Founded2009
HQNew York, NY, USA
FoundersDean M. Leavitt
Total raisedundisclosed
Latest roundSeries C, 2020
IndustryInfrastructure / Payments
The story

Founded 2009 as a B2B commercial card processor, Boost has steadily built proprietary IP around straight-through processing of virtual cards (Boost Intercept) and dynamic rule-based interchange pricing (Dynamic Boost). Since the 2020 Mastercard global framework and Series C, the company has expanded into cross-border commercial card payments (Boost 100XB with TransferMate) and embedded itself in major issuer ecosystems (Mastercard, J.P. Morgan, Visa CEDP). Strategy today is to be the global interchange-optimization layer between AP automation platforms, card issuers, and supplier AR.

Last 12 months
2025-03
2025-12
Product timeline
2009
Boost Payment Solutions founded by Dean M. Leavitt to digitize B2B commercial card payments.· founding
2020
Closed $22M Series C led by Invictus Growth Partners; entered strategic global partnership with Mastercard.· funding
2020
Processed largest commercial card payment on record at $31M (later surpassed at $83M).· milestone
2022
Received U.S. utility patents for Boost Intercept and Dynamic Boost; launched Boost 100 to enable buyers to pay by card 100% of the time.· product
2023
Strategic partnerships with Coupa, Conferma Pay and Robobai; cumulative volume processed exceeds $20B.· partnership
2024
Launched 'Gen 3' proprietary in-house processing platform; completed PCI DSS Level 1 and SOC 2 Type 2.· product
2025
Partnership with TransferMate for Boost 100XB cross-border commercial card payments.· partnership
The stack
3 layers disclosed in Boost Payment Solutions’s embedded-finance stack
Payments / PSP
Worldpay for PlatformsWorldpay
Unified APIs
in the full report
FX & payouts
in the full report
Accounting gap: none
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Boost Payment Solutions — frequently asked

Who is Boost Payment Solutions's payment processor?

Boost Payment Solutions processes payments through Worldpay for Platforms and Worldpay.

Who handles Boost Payment Solutions's FX and cross-border payouts?

Boost Payment Solutions uses TransferMate for FX and cross-border payouts.

What is Boost Payment Solutions's embedded finance stack?

The Embedded Finance Index 2026 maps 3 layers in Boost Payment Solutions's stack: Payments / PSP (Worldpay for Platforms and Worldpay); Unified APIs (TransferMate); FX & payouts (TransferMate).

Who founded Boost Payment Solutions?

Boost Payment Solutions was founded by Dean M. Leavitt and is founded in 2009, headquartered in New York, NY, USA.

How much funding has Boost Payment Solutions raised?

Boost Payment Solutions has raised undisclosed in total (latest round: Series C, 2020).

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