How much funding has BluePenguin Payments raised?

BluePenguin Payments has disclosed $3.2M raised across 1 round.

Where is BluePenguin Payments headquartered?

BluePenguin Payments is headquartered in Alpharetta, US.

BluePenguin Payments

Alpharetta, US · Florida corporation

BluePenguin is a payables-as-a-service provider offering a B2B payment automation platform that replaces checks, ACH and wire transfers with virtual cards, integrating with common AP and ERP systems. It serves businesses of all sizes seeking to automate vendor payments, reduce costs and earn cash-back rebates.

Enterprise SoftwareFintechSaaS

Founders & leadership

Martin Barnett FriendNamed on SEC filing

Nicholas Adam McDanielNamed on SEC filing

Jacob Matthew SterlingNamed on SEC filing

Robert Steven BoyerNamed on SEC filing

John Paul ScariotNamed on SEC filing

Steve BoyerCo-founder & Chief Executive Officer

Ryan TrippChief Financial Officer

Jake SterlingChief Operating Officer

Adam McDanielPresident

Paul PalmerChief Information Security Officer

Patrick McKayChief Revenue Officer

Reported raises · per SEC filings

Form D private placements

$3.2M disclosed across 1 round · 2022

▶$3.2MraisedJun 2022 · 2 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Martin Barnett FriendDirector
Nicholas Adam McDanielDirector
Jacob Matthew SterlingExecutive Officer
Robert Steven BoyerExecutive Officer
John Paul ScariotExecutive Officer

Offering amount: $3.2M
Amount sold: $3.2M
Proceeds to insiders: $215K
First sale: May 2022
Incorporated: Corporation, Florida
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 5

by search overlap

Bluefin10 shared keywordsBluefin provides security-first payment infrastructure, including technologies to protect payment card and sensitive data for retailers and enterprises. It focuses on securing payment processing and reducing data breach risk across payment systems.

Bluevine9 shared keywordsBluevine is a financial technology platform offering banking services including checking accounts, payments, and lending products designed for small businesses. The company provides industry-leading technology and customer support to serve growing businesses underserved by traditional banks.

CardConnect6 shared keywordsCardConnect provides a merchant management portal and credit card processing platform for payment partners and ISOs, offering merchant onboarding, residual reporting, account reconciliation, and device management. It supports a range of merchant types (retail, online, restaurants) and includes Clover and CoPilot integrations plus Spanish-language tools for the Hispanic and Latino market.

The Paypers and Flagship Advisory5 shared keywordsThe Paypers is a news and analysis publisher covering payments, fintech, ecommerce, and the digital economy, offering market insights, expert interviews, reports, and webinars. Its coverage spans topics such as real-time and cross-border payments, digital identity, Open Banking, embedded finance, crypto, and fraud prevention, produced with industry experts for professionals in the payments and fintech industry.

Bottomline4 shared keywordsBottomline provides B2B payment automation and financial messaging solutions, including AP automation, the Paymode B2B payments network, cash management, digital banking, and AI-driven fraud detection. It serves businesses and financial institutions worldwide across payment processing, treasury, and fraud prevention.

Companies competing with BluePenguin Payments for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does BluePenguin Payments do?: BluePenguin is a payables-as-a-service provider offering a B2B payment automation platform that replaces checks, ACH and wire transfers with virtual cards, integrating with common AP and ERP systems. It serves businesses of all sizes seeking to automate vendor payments, reduce costs and earn cash-back rebates.
How much funding has BluePenguin Payments raised?: BluePenguin Payments has disclosed $3.2M raised across 1 round.
Where is BluePenguin Payments headquartered?: BluePenguin Payments is headquartered in Alpharetta, US.