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B2B Payments Optimization Platform Boost Payment Solutions Scores $22 Million Through Series C Funding Round Led By Invictus Growth Partners

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B2B Payments Optimization Platform Boost Payment Solutions Scores $22 Million Through Series C Funding Round Led By Invictus Growth Partners

Boost Payment Solutions, a B2B payments optimization that has processed more than $10 billion in card payments for over 15,000 enterprises across five continents, announced on Tuesday it raised $22 million through its Series C funding round, which was led by Invictus Growth Partners with participation from Mosaik Partners, INGWE Capital and North Atlantic Capital,
Founded in 2009, Boost Payment Solutions explained that it optimizes the use and acceptance of commercial cards through its suite of proprietary technology-enabled solutions.
“Boost has reinvented how commercial card payments are initiated, accepted and processed for thousands of companies around the world. As the only fintech acquirer exclusively focused on the B2B marketplace, Boost is making commercial cards a cost effective, scalable and secure ....

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AD Appoints First Chief Marketing Officer

Marty McLaughlin will collaborate with AD s members and boards in identifying new areas of added value.
Apr 4th, 2021
Mike Hockett/Industrial Distribution
WAYNE, PA AD announced that Marty McLaughlin has joined the group as its first chief marketing officer, effective April 1. McLaughlin is charged with collaborating with AD’s members and boards to identify new areas of added value for its community, beyond the core functions of a buying and marketing group.
McLaughlin“We’re making an investment in this new leadership position to drive the collective imagination and strategy of AD’s next generation of offerings, all aimed at helping our independent members and supplier partners win and grow,” CEO Bill Weisberg said. “AD has a long, successful track record of delivering value-added program innovations, such as eCommerce Solutions, HR Services, market planning and private label brands. Our CMO will help us introduce new offerings and evolve existing pro ....

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Despite pandemic, CT companies post strongest venture fundraising year in nearly two decades

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Ron Bergamesca
CEO Ron Bergamesca said Payveris, which provides digital-payment products to banks and credit unions, will use that money to hire up to 25 new workers and boost marketing efforts. Entrepreneurs in Connecticut have long lamented the difficulties in getting attention from VC firms, but Bergamesca said Payveris location hasn t stymied its ability to raise money.
The [VC] interest level was more in 2020 than it was prior, Bergamesca said. I think Connecticut is primed well [for future investment].
Bergamesca’s bullish outlook isn’t just steeped in blind optimism.
In fact, Connecticut companies in 2020 had a banner year in securing venture investment, despite challenges posed by the pandemic. ....

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