Boost Payment Solutions Raises Another $7M for its B2B Commercial Card Solution
Summary
AlleyWatch chatted with CEO and Founder Dean M. Leavitt to discuss the changing landscape of commercial card transactions and Boosts recent fundraising round. Boost Intercept®, our cloud-based platform, eliminates the need for suppliers to manually extract data from virtual card payments and process transactions via hardware or software. Over the course of my 20 years on the consumer side of the credit card processing arena, I witnessed many failed attempts by companies big and small to attack B2B acquiring. While our technology is focused on curing the pain points associated with commercial card acceptance on the supplier side, we also serve corporate and institutional buyers. The combination of Boost’s experienced management team, the company’s unique positioning in the industry, its impressive growth trend and the vast addressable market both domestically and internationally.