Posted September 09, 2021
Fintech Futures understands that Trivest is backing Veritran out of its Growth Investment Fund, which so far has roughly $450 million in committed capital, and that Trivest typically makes investments of $20 million to $60 million from its growth equity funds.
The Miami-based private equity firm has over $2.4 billion in assets under management. Its Growth Investment Fund is a non-control and growth equity strategy led by partner Jamie Elias.
Headquartered in Buenos Aires, Veritran says its enterprise low-code platform makes it easier for financial and retail institutions to implement digital channels such as mobile banking and digital wallets.
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