Sabre / Conferma Pay 2022
Sabre acquired Conferma Pay on August 1, 2022.
- Target
- Conferma Pay
- Acquirer
- Sabre
- Announced
- August 1, 2022
- Sub-sector
- B2B Payments
Transaction overview
- Sabre announced the acquisition of Conferma Pay on August 1, 2022.
- The deal is expected to close pending customary conditions.
Strategic rationale
Sabre acquired Conferma Pay to strengthen its B2B travel payment capabilities and create an open travel payment ecosystem using virtual cards.
Deal terms & multiples
Frequently asked questions
When did Sabre announce the acquisition of Conferma Pay?
Sabre announced the acquisition of Conferma Pay on August 1, 2022.
What sub-sector is Conferma Pay in?
Conferma Pay is tracked in the B2B Payments sub-sector.
Sources
- crowdfundinsider.com /2022/11/199298-sabre-conferma-pay-mastercard-to-support-travel-economy-with-virtual-cards/