Platform

Trivest Invests in FinTech Leader Veritran

An enterprise-grade software provider to financial institutions

MIAMI—Veritran, Inc. (“Veritran” or the “Company”), a leading global FinTech low-code software platform provider, announced today a strategic growth investment from Miami-based Trivest Growth Investment Fund II (“TGIF II”). Veritran represents the fifth platform in TGIF II, which began investing in October 2020.

Veritran is headquartered in Buenos Aires with 12 global offices including New York, Miami, Barcelona, Mexico City, and São Paulo. Co-founded by CEO Marcelo González in 2005, the Company provides enterprise-grade, low-code software that helps nearly 20 million individuals safely run over 25 billion transactions annually. In an increasingly virtual world, Veritran’s digital transformation offering facilitates mobile banking, digital wallet, and biometric identification.

“Our partnership with Veritran is indicative of the global reach of Trivest’s founder-focused and friendly approach,” said Jamie Elias, Partner who leads Trivest’s non-control and growth equity strategies.

“From my first interaction with Marcelo and the Veritran team, it was clear that they had built a unique platform to support ever increasing mobile and web-based enterprise needs,” said Mario R. Masrieh, Principal at Trivest Partners. “TGIF is excited to be partners as the Company continues to further enhance their software offerings and consolidate their expansion into new geographies.”

Veritran CEO Marcelo González said, “Today marks a major milestone for Veritran’s team, as we embark upon a new chapter of becoming the next FinTech unicorn, while continuing to democratize access to the digital economy. We are confident that Trivest’s resources and deep experience supporting founder-owned businesses will allow us to consolidate our growth into new geographies and reach new customers while hiring and retaining the best talent.”

About Veritran

Veritran believes in improving its clients’ businesses by making their customers’ lives better. Through its enterprise low code software platform, Veritran speeds up and simplifies the development of future-proofed immersive digital channels that create top-notch digital banking experiences. Veritran is an innovation driver serving companies worldwide, reaching millions of users, and running billions of secure transactions annually. For more information, visit www.veritran.com

Veritran Ideal Customer Profile

  • Industry: Banks, Credit Unions, and other Financial Institutions
  • End Users: 500,000+
  • Geography: United States, Canada, Latin America

Contact us with opportunities for Veritran

Jamie Elias
Partner

Mario R. Masrieh
Principal

Jonathan Schonfeld
Vice President

Andres Policastro
Associate

About Trivest

Trivest Partners LP, with offices in Miami, Charlotte, Chicago, Los Angeles, Philadelphia and Toronto, is a private investment firm that focuses exclusively on the support and growth of founder-led and family-owned businesses in the U.S. and Canada in both control and non-control transactions. Since its founding in 1981, Trivest has completed more than 300 investments, totaling approximately $7 billion in value. Trivest is one of only 18 firms recognized by Inc. Magazine as one of the top-50 founder-friendly private equity firms in both 2019 and 2020.

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