For a 16-year-old company, Boost Payment Solutions, a business-to-business payment platform, is still making moves like a spry startup.
In April, the company appointed Illya Shell to Chief Operating Officer. In September, Boost unveiled Boost 100XP, an industry first for enterprise-level businesses to simplify and streamline buyers' international transactions. In October, it announced a new providing commercial virtual card processing services to U.S. merchants who accept American Express. And In December, it appointed Rinku Sharma as Chief Technological Officer.
These moves paid off. In early February, the company reported that it had increased its number of transactions in 2024 by nearly 50 percent over 2023 and had a 91 percent increase in total processing volume. In addition, it logged the largest card transaction in its history, at $65.8 million.
“As digital payment transformations accelerate in 2025, we remain committed to delivering innovative solutions,” said Dean M. Leavitt, Founder and CEO.
