/Companies

BluePenguin Payments

Alpharetta, US · Florida corporation

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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.

Founders & leadership

SBSteve Boyer
Steve BoyerCo-founder & Chief Executive OfficerSteve Boyer has worked in payments since the early 1980s, with experience across retail payments, payment automation, acquiring, issuing, prepaid, and supplier payments. He co-created a gift card platform later acquired by First Data, and is now Co-founder and CEO of BluePenguin Payments.
RTRyan Tripp
Ryan TrippChief Financial OfficerHe has held corporate finance roles at high-growth companies, with experience in financial analysis, cost control, and strategic planning.
JSJake Sterling
Jake SterlingChief Operating OfficerHe brings more than 30 years of payments industry experience across merchant services, card networks, and fintech, including work on multi-currency processing systems and point-of-sale solutions, with 16 patents to his name.
AMAdam McDaniel
Adam McDanielPresident
PPPaul Palmer
Paul PalmerChief Information Security OfficerHe has background in software development, network security, and product development management.
PMPatrick McKay
Patrick McKayChief Revenue Officer
MB
Martin Barnett FriendNamed on SEC filing
NA
Nicholas Adam McDanielNamed on SEC filing
JM
Jacob Matthew SterlingNamed on SEC filing
RS
Robert Steven BoyerNamed on SEC filing
JP
John Paul ScariotNamed on SEC filing

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.

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In the news

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.
Who founded BluePenguin Payments?
BluePenguin Payments was founded by Steve Boyer.
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.