Trivnet

Mobile Financial Services

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

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 establish MFS systems. Its technology allowed customers to use mobile phones for storing and transferring money, paying bills, and purchasing goods and services. The company operated within the Fintech & Insurtech sector, serving communication services and enterprise service providers.

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 total capital raised?
Trivnet raised a total of $18 million across its funding rounds.
Which investors participated in Trivnet's February 2008 funding round?
In February 2008, Trivnet received funding from Magma Venture Partners and Star Ventures.
What is Trivnet's primary focus?
Trivnet focuses on providing a transaction management platform for Mobile Financial Services (MFS).