New collaboration enables businesses to unlock hidden revenue through automated tax recovery, driving efficiency and cashflow. 

Kilkenny, Ireland – 24 June 2025 

Fintua, a global leader in indirect tax technology has announced a strategic partnership with Conferma, a pioneer in virtual payment technology. The collaboration introduces an end-to-end automated VAT reclaim solution for corporate travel, eliminating the complexities that keep businesses from recovering millions in indirect tax revenue each year. 

Corporate travel remains a major source of unclaimed VAT, with as much as 27% of hotel spend potentially recoverable. The Fintua-Conferma partnership allows companies to reclaim VAT automatically on travel spend using virtual card payments, with no extra administrative burden required. 

“At Fintua, our mission is to simplify and automate VAT recovery for businesses worldwide,” said Joe Healy, Chief Growth Officer at Fintua. “This partnership with Conferma brings together two leaders in financial technology, enabling companies to effortlessly unlock new revenue streams and focus on what matters most, growth and innovation. By combining our VAT expertise with Conferma’s virtual payment infrastructure, we’re delivering a seamless, compliant and truly global solution for reclaiming VAT on travel spend.” 

The new joint offering integrates directly into Conferma’s virtual card infrastructure, capturing and processing travel invoices in real-time. 

“This partnership with Fintua is the latest milestone in our mission to automate and simplify corporate travel payments,” said Jason Lalor, CEO at Conferma. “By integrating VAT reclaim into our virtual card infrastructure, we’re not only helping businesses recover significant costs, they’re doing it effortlessly, without changing how they pay. It’s another step toward making travel spend smarter, simpler and more transparent.” 

A smarter way to reclaim 

Manual VAT reclaim is often slow, error prone and resource-heavy. The Fintua-Conferma partnership eliminates those hurdles through:

  • Automated invoice collection – Hotel invoices are automatically captured, corrected, and broken down through Conferma’s reconciliation service. 
  • Built-in compliance – Invoices are reviewed and validated to meet VAT reclaim requirements. 
  • Global coverage – Reclaim is supported across 180+ countries. 

The process is simple: corporates use virtual cards to pay for hotel bookings, Conferma handles the invoice data collection and formatting and Fintua manages the VAT compliance and reclaim. The result is a frictionless, scalable solution that turns everyday travel spend into recoverable revenue. 

The partnership is now live and available for businesses looking to enhance their financial efficiency and reclaim overlooked VAT on travel expenses. 

About Fintua 
At Fintua, we believe tax technology should be effortless and adaptive, freeing your team to focus on growth and innovation while staying compliant in an ever-changing regulatory landscape. With decades of global VAT expertise, we deliver innovation in VAT reclaim, compliance, consulting, international payments and e-invoicing—empowering businesses to recover more, risk less and do it all automatically. 

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. 

Press contact: dphelan@fintua.com