Trivnet

Mobile Financial Services

Fintech & Insurtech
Acquired (Inactive) by Gemalto on Jul 2010 - closed due to acquisition
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Company Overview

Snapshot

Founded in January 1997 by Saar Wilf, Trivnet operated with 51–200 employees. The company raised a total of $18 million across 3 funding rounds from 7 investors before being acquired by Gemalto in July 2010.

Business overview

Trivnet developed a transaction management platform for Mobile Financial Services (MFS), enabling mobile network operators and service providers to offer mobile banking functionalities. Its technology allowed customers to use mobile phones for money storage and transfer, bill payments, and purchasing goods and services. The company served the telecom and banking industries, operating within the Fintech & Insurtech sector, specifically focusing on money transfer and management.

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Company Intelligence Q&A

When was Trivnet acquired?
Trivnet was acquired by Gemalto in July 2010.
Who founded Trivnet?
Trivnet was founded by Saar Wilf.
What was Trivnet's primary business focus?
Trivnet focused on providing a transaction management platform for Mobile Financial Services (MFS), enabling mobile network operators and service providers to offer mobile financial solutions.
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