About Conferma Pay
Conferma Pay is a company based in Manchester (United Kingdom) founded in 2005 was acquired by Sabre in August 2022.. Conferma Pay offers products and services including Virtual Cards, API Integration, and Expenses Reporting. Conferma Pay operates in a competitive market with competitors including Spendesk, Sodexo, Concur, Pleo and Marqeta, among others.
- Headquarter Manchester, United Kingdom
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Sectors
HealthcareTravel & Hospitality Financial Services Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Conferma Limited
- Date of Incorporation 09 Feb, 2006
- Jurisdiction CHEADLE, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Mastercard
& 1 more
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Employee Count
Employee Count
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Acquired by
Sabre
(Aug 03, 2022)
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Products & Services of Conferma Pay
Conferma Pay offers a comprehensive portfolio of products and services, including Virtual Cards, API Integration, and Expenses Reporting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure virtual cards for efficient business transactions
Seamless system integration for payment processes
Tools for comprehensive expense data and insights
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Funding Insights of Conferma Pay
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Seed - Conferma Pay | Valuation | Mastercard |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Conferma Pay
Conferma Pay has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Mastercard and Sabre. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Global payments are processed via card network connections.
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Founded Year | Domain | Location | |
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Business management solutions are offered to travel service providers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Conferma Pay
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Conferma Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Conferma Pay Comparisons
Competitors of Conferma Pay
Conferma Pay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spendesk, Sodexo, Concur, Pleo and Marqeta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of prepaid cards for financial benefits of employees
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| domain | founded_year | HQ Location |
Employee benefits payment cards are provided via an online platform.
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| domain | founded_year | HQ Location |
Corporate travel expenses and invoices are managed via SaaS platform.
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| domain | founded_year | HQ Location |
SaaS expense management solutions for business travel are provided.
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| domain | founded_year | HQ Location |
Card-issuing and payment processing solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Payment and corporate financial cards are provided digitally by Jeeves.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Conferma Pay
Frequently Asked Questions about Conferma Pay
When was Conferma Pay founded?
Conferma Pay was founded in 2005 and raised its 1st funding round 17 years after it was founded.
Where is Conferma Pay located?
Conferma Pay is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
What does Conferma Pay do?
Conferma Pay was founded in 2005 and is headquartered in Manchester, United Kingdom. The platform operates in the fintech sector, focusing on online virtual payments and employee financial benefits for enterprises. Travel cards are provided for corporate use in money transfers, cash withdrawals, and bill payments. Mobile applications for corporate expense management are available on Google Play and the Apple App Store.
Who are the top competitors of Conferma Pay?
What products or services does Conferma Pay offer?
Conferma Pay offers Virtual Cards, API Integration, and Expenses Reporting.
Who are Conferma Pay's investors?
Conferma Pay has 2 investors. Key investors include Mastercard, and Sabre.