BluePenguin Payments, the disruptive B2B payments company replacing outdated checks, ACH, and costly wire transfers with secure, rebate-enhanced virtual cards, was named runner-up in the prestigious annual Georgia Fast 40 Awards by the Atlanta Chapter of the Association for Corporate Growth (ACG).

The awards were presented during the Georgia Fast 40 Celebration in Atlanta on June 11, 2026. The program honors Georgia’s top 40 fastest-growing middle-market companies based on verified three-year revenue growth. Among this year’s honorees, BluePenguin proudly stands as the fastest-growing payments and fintech company in the state.

“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,” said Steve Boyer, CEO of BluePenguin Payments. “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.”

Since 2023, BluePenguin has enjoyed 600% customer growth and over 1200% revenue growth. The company’s proprietary payables-as-a-service platform gives businesses control over vendor payments, seamless automation and integration, enhanced security, and industry-leading cash-back rebates — all while eliminating the friction, risk, and inefficiency of traditional payment methods.

The Georgia Fast 40 honorees collectively represent a major economic force, contributing billions in revenue and adding thousands of jobs across the state. BluePenguin’s rise highlights the strength of Georgia’s fintech and 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,” Boyer added. “This award validates our mission to deliver smarter, safer, and more rewarding B2B payment solutions that help businesses of all sizes thrive.”

BluePenguin serves enterprise, SMBs, integrators, and channel partners nationwide with its versatile virtual card and payment automation technology.