Windsor Drake Market Intelligence
Transaction · B2B Payments · 2022

Mastercard / Conferma Pay 2022

Mastercard acquired Conferma Pay on November 29, 2022.

Target
Conferma Pay
Acquirer
Mastercard
Announced
November 29, 2022
Sub-sector
B2B Payments

Transaction overview

  • Mastercard announced the acquisition of Conferma Pay on November 29, 2022.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Mastercard invests in Conferma Pay to expand virtual card capabilities and digital payment solutions for B2B travel payments.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 29, 2022
Acquirer
Mastercard (Strategic)
Sub-sector
B2B Payments

Frequently asked questions

When did Mastercard announce the acquisition of Conferma Pay?

Mastercard announced the acquisition of Conferma Pay on November 29, 2022.

What sub-sector is Conferma Pay in?

Conferma Pay is tracked in the B2B Payments sub-sector.

Sources

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