ALPHARETTA, Georgia — June 23, 2026
Executive Summary
BluePenguin Payments has been recognized as the second fastest-growing company in the 2026 Georgia Fast 40 Awards presented by ACG Atlanta, while also earning distinction as the fastest-growing payments and fintech company in Georgia. Announced following the Georgia Fast 40 Celebration held on June 11, 2026, the recognition reflects the company’s verified growth trajectory, including 600% customer growth and more than 1200% revenue growth since 2023. The achievement highlights BluePenguin’s expanding presence in the payments industry and continued adoption of its virtual card and payment automation platform.
Announcement Overview
BluePenguin Payments has been named the runner-up in ACG Atlanta’s 2026 Georgia Fast 40 Awards, a program recognizing Georgia’s fastest-growing middle-market companies based on verified three-year revenue growth. Presented during the Georgia Fast 40 Celebration in Atlanta on June 11, 2026, the award places BluePenguin among the state’s leading growth companies while establishing it as the fastest-growing payments and fintech company in Georgia. The company attributes its momentum to rapid customer adoption, strong revenue expansion, and growing demand for its payables-as-a-service platform, which replaces traditional payment methods with secure, automated, and rebate-enhanced virtual card solutions designed to improve business payment operations.
Key Announcement Details
- Announcement Type: Award Recognition
- Award Program: 2026 Georgia Fast 40 Awards
- Award Organizer: ACG Atlanta (Association for Corporate Growth Atlanta Chapter)
- Recognition Received: Runner-Up in the Georgia Fast 40 Awards
- Industry Recognition: Fastest-Growing Payments Company in Georgia
- Industry Recognition: Fastest-Growing Fintech Company in Georgia
- Recognition Basis: Verified three-year revenue growth
- Award Presentation Event: Georgia Fast 40 Celebration
- Event Location: Atlanta, Georgia
- Event Date: June 11, 2026
- Announcement Date: June 23, 2026
- Company Headquarters: Alpharetta, Georgia
- Company Category: B2B Payments Technology
- Core Offering: Payables-as-a-Service Platform
- Primary Technology: Virtual Card Payment Solutions
- Payment Methods Replaced: Checks, ACH Transfers, and Wire Transfers
- Customer Growth Since 2023: 600%
- Revenue Growth Since 2023: More Than 1200%
- Primary Business Benefit: Accounts Payable Automation
- Platform Capabilities: Vendor Payment Control, Automation, Integration, Security, and Cash-Back Rebates
- Target Customers: Enterprises, SMBs, Integrators, and Channel Partners
- Market Coverage: Nationwide United States
- Strategic Focus: Modernization of B2B Payment Operations
- Value Proposition: Converting Accounts Payable Functions from Cost Centers into Profit Centers
- Industry Sector: Financial Technology (Fintech)
- Business Segment: B2B Payments
- Growth Highlight: Fastest-Growing Payments and Fintech Company in Georgia
- Executive Quoted: Steve Boyer, Chief Executive Officer
- Recognition Significance: Placement Among Georgia’s Top 40 Fastest-Growing Middle-Market Companies
Georgia Fast 40 Awards Recognition
BluePenguin Payments announced that it has been named runner-up in the 2026 Georgia Fast 40 Awards, one of Georgia’s most recognized growth-focused business awards programs.
The recognition was presented during the Georgia Fast 40 Celebration held in Atlanta on June 11, 2026.
The annual program, organized by ACG Atlanta, recognizes the top 40 fastest-growing middle-market companies in Georgia based on verified revenue growth over a three-year period.
Key recognition highlights include:
- Runner-up in the 2026 Georgia Fast 40 Awards
- Fastest-growing payments company in Georgia
- Fastest-growing fintech company in Georgia
- Recognition based on verified three-year revenue growth
- Honored during the Georgia Fast 40 Celebration in Atlanta
Among all companies recognized in the 2026 program, BluePenguin distinguished itself as the leading company within Georgia’s payments and fintech sector.
BluePenguin Emerges as Georgia’s Fastest-Growing Payments Company
According to the company, the recognition reflects the accelerating adoption of BluePenguin’s payment technology platform and the growing demand for modern B2B payment solutions.
BluePenguin has focused on transforming traditional accounts payable processes by replacing:
- Paper checks
- ACH transfers
- Traditional wire payments
with:
- Secure virtual card payments
- Automated payment workflows
- Integrated payment controls
- Cash-back rebate opportunities
The company stated that its platform is designed to eliminate inefficiencies commonly associated with legacy payment methods while providing businesses with greater visibility, automation, and control over vendor payment operations.
The Georgia Fast 40 recognition reflects BluePenguin’s continued growth within a state that has long been recognized as a major center for electronic payments innovation and financial technology development.
Growth Metrics Since 2023
BluePenguin highlighted substantial growth achieved since 2023.
According to the company:
- Customer growth has exceeded 600%
- Revenue growth has exceeded 1200%
These figures contributed to the company’s placement among Georgia’s fastest-growing businesses and supported its recognition within the Georgia Fast 40 Awards program.
The company noted that this growth has been driven by increasing adoption of its proprietary payables-as-a-service platform across a broad range of business segments.
Key areas supporting growth include:
- Enterprise customers
- Small and medium-sized businesses
- Systems integrators
- Channel partners
BluePenguin stated that its technology platform continues to gain traction among organizations seeking alternatives to traditional accounts payable processes and manual payment workflows.
BluePenguin’s Payables-as-a-Service Platform
At the center of BluePenguin’s growth strategy is its proprietary payables-as-a-service platform.
The platform is designed to help businesses modernize payment operations through:
- Vendor payment management
- Payment automation
- System integrations
- Enhanced payment security
- Cash-back rebate programs
- Virtual card technology
According to the company, the platform gives organizations greater control over accounts payable processes while reducing the friction often associated with traditional payment methods.
Key platform capabilities include:
- Payment workflow automation
- Vendor payment optimization
- Secure virtual card issuance
- Operational efficiency enhancements
- Risk reduction
- Rebate generation opportunities
The company stated that these capabilities enable businesses to transform accounts payable functions from administrative cost centers into operational areas capable of generating measurable value.
Executive Commentary
Steve Boyer, Chief Executive Officer of BluePenguin Payments, commented on the company’s recognition and growth momentum.
“This recognition in the Georgia Fast 40 is a tremendous honor and a powerful testament to the dedication, creativity, and execution of the entire BluePenguin team. We’re thrilled to be acknowledged as Georgia’s fastest-growing payments company. Our firm and platform are delighting businesses as we convert the accounts payable function from a cost center into a profit center for them. Further, this award demonstrates the momentum that we’re building in the markets, and our growth story is just getting started.”
Boyer noted that the award reflects both organizational execution and growing market demand for BluePenguin’s technology-enabled payment solutions.
The company stated that continued customer growth and platform adoption remain central drivers of its expansion strategy.
Georgia’s Position in the Payments Industry
BluePenguin’s recognition comes within a state that has maintained a longstanding presence within the electronic payments industry.
According to the company, Georgia has been widely recognized as a major center for payments innovation and electronic transaction technologies.
The state is home to numerous payment processors, fintech companies, payment technology providers, and financial infrastructure organizations.
BluePenguin stated that achieving recognition as the fastest-growing payments company within Georgia carries particular significance given the state’s established role in the broader payments ecosystem.
Additional CEO Commentary
Steve Boyer, Chief Executive Officer of BluePenguin Payments, also emphasized the significance of the recognition within Georgia’s payments sector.
“Georgia has been known as the global epicenter of electronic payments for decades, being the fastest growing payments company in the State is quite humbling. This award validates our mission to deliver smarter, safer, and more rewarding B2B payment solutions that help businesses of all sizes thrive.”
The company stated that its mission remains focused on helping businesses improve payment operations through technology, automation, security enhancements, and rebate-generating payment solutions.
Serving Enterprises, SMBs, Integrators, and Channel Partners
BluePenguin currently serves organizations across multiple market segments.
The company stated that its platform supports:
- Enterprise organizations
- Small businesses
- Medium-sized businesses
- Systems integrators
- Channel partners
Its virtual card and payment automation technology is designed to support a broad range of business payment environments while delivering greater operational efficiency and payment visibility.
According to the company, flexibility across customer segments has contributed to expanding adoption and market growth.
About BluePenguin Payments
BluePenguin Payments is a purpose-built next-generation payments platform headquartered in Alpharetta, Georgia.
The company focuses on transforming accounts payable operations by replacing traditional payment methods with secure, automated, rebate-generating virtual card solutions.
BluePenguin’s platform is designed to help businesses:
- Streamline payment operations
- Reduce payment-related risk
- Improve operational efficiency
- Increase payment visibility
- Generate cash-back rewards
- Automate vendor payment workflows
By replacing checks, ACH transfers, and wires with modern payment technology, the company enables organizations to modernize accounts payable functions while improving overall payment performance.
About ACG Atlanta
ACG Atlanta is one of the oldest and most active chapters within the broader Association for Corporate Growth (ACG) network.
Founded in 1974, ACG Atlanta provides executives and business professionals with opportunities to exchange ideas and experiences related to organic and acquisitive growth.
The broader ACG network includes:
- More than 100,000 middle-market professionals
- 61 chapters across North America and Europe
- Professionals representing:
- Fortune 500 companies
- Fortune 1000 companies
- FTSE 100 organizations
- Middle-market businesses
- Private equity firms
- Financial institutions
- Professional services organizations
Programs associated with ACG Atlanta include:
- Georgia Fast 40 Awards
- M&A SOUTH
- Spring Summit
- Taste of ACG Atlanta
- DealSource
- Deals of the Year
Media Contact
For additional information, visit bluepenguin.com.
Source Attribution
Source: Company announcement
