Boost Payment Solutions Raises $12M Series B for B2B Payments
Boost Payment Solutions announced a $12 million Series B funding round on April 2, 2019, combining equity and venture debt. The round was led by Mosaik Partners and North Atlantic Capital, with Golding & Company serving as financial advisor to Boost. The company positions itself as the only fintech acquirer focused exclusively on B2B payments, addressing electronic payment pain points for commercial card optimization.
Funds will be deployed toward marketing, product development, support, and business development across multiple sectors including healthcare, telecom, freight, media, transportation, and real estate. The investment supports Boost's international expansion targeting the U.S., Canada, Europe, UAE, Australia, Brazil, the Caribbean, and Latin America through a strategic Mastercard alliance. Investors cited Boost's proprietary technology and strong management vision for international B2B markets as key factors in the investment.
- Signals growing investor interest in B2B payment optimization fintechs that sit between banks and commercial clients
- Boost's Mastercard alliance and multi-geography expansion highlights how card network partnerships enable embedded B2B payment infrastructure