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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
Payments / PSP
Worldpay for PlatformsWorldpay
FX & payouts
TransferMate
Accounting gap: none