Fundraising Fox
BluePenguin Payments
Alpharetta, US · Florida corporation
Find your way into BluePenguin Payments
349 people in our graph share verified history with the BluePenguin Payments team — schools, employers, funds. One of them is your warm intro.
Philip Eliotunlockedknows Paul Palmer · together at Damballa, Inc. (overlapped)
knows the team · via Damballa, Inc.
×2knows the team · via Redwood Logistics
knows the team · via Maritz
×2knows the team · via CyberSource Corporation
×5knows the team · via Ionic Security
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
SB
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.
RT
Ryan TrippChief Financial OfficerHe has held corporate finance roles at high-growth companies, with experience in financial analysis, cost control, and strategic planning.
JS
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.
PP
Paul PalmerChief Information Security OfficerHe has background in software development, network security, and product development management.
PM
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 TechnologyRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 3
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 develops payment processing solutions with proprietary PCI-validated security for merchants and sales partners since 2006. The company provides payment infrastructure and support tools for businesses seeking to grow their payment operations.
Companies competing with BluePenguin Payments for the same Google search keywords, organic and paid, via search-intersection analysis.
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.