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Manchester, UK – 8th May, 2025 – Conferma, the global leader in virtual card payments, has partnered with BlueBean, an innovative fintech startup, to revolutionize B2B purchasing by bringing the ease and flexibility of consumer-style payments to corporate spend. The collaboration enables businesses to seamlessly issue virtual cards to their employees, enabling them to source better prices, purchase from any supplier, and automate approvals—all within their existing corporate controls.
A new era of corporate payments
Procurement inefficiencies, identified by 43% of procurement teams as a top challenge in 2023[1], coupled with rigid supplier lists, have led to delayed purchasing, missed opportunities, and operational slowdowns. Conferma and BlueBean’s partnership changes this dynamic, empowering businesses to:
- Wider supplier choice – Employees can purchase from any supplier, securing the best prices without vendor restrictions or procurement slowdowns
- Stronger cash flow management – Virtual cards help optimize working capital by controlling payment timing and reducing upfront costs
- Leverage preferred partnerships – Use preferred issuers and partners.
- Maintain control and compliance – Virtual cards are issued only when spending criteria are met, ensuring security and financial oversight.
- Streamline workflows – The BlueBean desktop extension integrates into corporate purchasing processes, making payments frictionless.
Leveraging Conferma’s market leadership and BlueBean’s procurement innovation
The adoption of virtual cards in B2B payments is accelerating, with virtual cards expected to account for 57% of corporate payments in 2025[2]. As the established leader in virtual card technology for over 20 years, Conferma provides the trusted capability that enables seamless, scalable, and secure payments for corporates and financial institutions worldwide.
Conferma powers BlueBean’s “virtual card in a box” solution, enabling clients to bring their own suppliers, issuers, and ERPs for maximum flexibility and compliance. With a network of 80+ global issuers across 5 card networks and seamless integrations with procurement platforms and ERP systems, Conferma creates a powerful ecosystem that streamlines B2B payments and enhances purchasing agility.
“This partnership is a big step forward in corporate purchasing,” said Jason Lalor, CEO of Conferma. “At Conferma, we offer unmatched flexibility, working with both market leaders and innovative new entrants like BlueBean. By combining our virtual card solution with BlueBean’s technology, we’re helping businesses streamline payments, stay in control, and shape the future of spend management.”
“Corporates today expect the same convenience in B2B transactions that they experience as consumers,” added Fabrice Saporito, CEO at BlueBean. “Our partnership with Conferma brings this vision to life—delivering a smarter, more agile way to buy while ensuring enterprises maintain full visibility and control.We’re deliving a consumer-like experience for corporate purchasing.”
Designed for businesses that need speed and flexibility
This solution is particularly impactful for industries like telecoms, field services, and logistics for example, where employees frequently need to purchase parts, equipment, or services on the go. B2B payment volume is projected to exceed $18.9 trillion by 2028[3], reflecting the growing demand for agile, on-the-go payment solutions. By integrating with Conferma’s issuer ecosystem, BlueBean enables businesses to support agile purchasing without compromising financial governance.
Availability and next steps
The Conferma-BlueBean solution is available now for businesses looking to enhance their corporate payment capabilities. To request a demo or learn more, visit conferma.com.
About Conferma
Conferma is the global leader in virtual payments, connecting businesses, issuers, and suppliers to streamline and secure transactions. Its technology underpins virtual card issuance for banks, travel management companies, and enterprises worldwide.
About BlueBean
BlueBean is an innovative fintech company transforming B2B payments with its flexible, user-friendly purchasing platform. By integrating automation, virtual cards, and procurement intelligence, BlueBean enables businesses to buy smarter, faster, and with greater control.
Press Contact: [email protected]
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[1] KPMG 2023 Global Procurement Survey, https://kpmg.com/kpmg-us/content/dam/kpmg/pdf/2023/kpmg-2023-global-procurement-survey.pdf
[2] Conferma Growth Ignition Index Report 2024, conducted by Sapio Research 2024, https://www.conferma.com/resources/the-growth-ignition-index-report/
[3] Deloitte Insights, Fasten your seat belts: Real-time, business-to-business payments are preparing for takeoff, https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-predictions/2023/fsi-b2b-real-time-payments-predictions.html