Company Spotlight: Boost Payments
There’s a blind spot in enterprise finance that’s lingered far too long. On one end sits accounts payable, on the other accounts receivable, and in between? Friction, fraud risk, wasted hours, and paper trails that should’ve died with fax machines. Boost Payment Solutions was built to erase that middle ground. Founded in 2009 by Dean M. Leavitt, a three-decade veteran of the electronic payments industry, Boost asked the question incumbents ignored: what if commercial cards could handle enterprise scale, with the security, automation, and data depth Fortune100 finance teams demand?
Dean M. Leavitt knew legacy providers were wired for consumers, not corporations with labyrinthine invoices. So he assembled a team engineered for enterprise speed. Illya Shell, Chief Operating Officer, turns strategy into partnerships that scale. Mariana Lamson, Chief Financial Officer, steadies the balance sheet with more than 30 years of experience. Seth Goodman, Chief Revenue Officer, sharpened his edge at Marcus by Goldman Sachs and WebBank before steering Boost’s growth engine. Rebecca Schultz, Chief Marketing Officer, earned a spot on American Banker’s Most Influential Women in Payments NEXT list in 2024 for a reason. James Lister, Chief Architect since the early days, has built B2B systems with the durability of steel. Rick Kenneally, Chief Technology Officer since 2020, secures the infrastructure with capital markets precision. And Zach Held, Head of Product & Commercialization, draws on Goldman Sachs, Bank of America, and HSBC to shape products enterprises can’t ignore.
The arsenal is clear. Boost Intercept® brings patented Straight-Through Processing that makes manual acceptance obsolete. Dynamic Boost® injects real-time flexibility into payment terms. Boost 100® and 100XB® consolidate nearly all AP spend onto commercial cards, including cross-border flows. These aren’t slogans, they’re patented solutions moving billions with zero fraud losses.
The proof is on the tape. In 2024 alone, Boost processed $23 billion, with a single $83 million transaction that would’ve crippled old-school rails. Volume grew 84% in 2023. Today, Boost operates in 180+ countries, serving more than half of the Fortune 100. Total funding? $34.68 million, including a $22 million Series C led by Mosaik Partners and Invictus Growth Partners.
The focus is sharp. Industries like healthcare, manufacturing, logistics, telecom, and construction, sectors where invoicing is a minefield and the float is too costly to ignore. With global B2B payments surpassing $125 trillion, enterprises can’t afford to rely on outdated, error-prone processes. Boost transforms that drag into a flow of secure, data-rich transactions that give CFOs visibility and control.
Inside the walls, the culture hums. Values like Blaze the Trail, Be Bold, Listen First, Act Responsibly, Better Together aren’t slogans, they’re operational fuel. Investment in people runs through programs like ETA Young Payment Professionals and Women in Payments, building the next wave of leaders alongside the infrastructure of modern finance.
And they’re growing. Engineering, product, sales, operations, the call is open for builders ready to shape the future of enterprise payments. For founders, operators, and technologists watching the space, the signal is sharp: Boost isn’t asking permission. They’re moving enterprise money with scale, speed, and swagger. The only question left is whether you want to watch or take part.
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