2018 AprTrilico closes $140M financing facility with ruvercap
Trilico is the global provider of innovative billing and banking platforms for voice and SMS operators; today we are pleased to announce that we have secured a $140M financing facility with ruvercap Investment AG. This facility enables Trilico to massively increase the volume of traffic financed on its various platforms which now includes data and to become the world’s leading telecoms platform provider within its sector.
London, UK - April 18th 2018
Trilico’s unique integrated billing and banking platform provides a complete settlement, risk and credit management solution for voice, data & SMS operators around the globe. All solutions are offered either directly as Trilico, or via our Partner Programme rebranded platforms currently deployed by some of the largest household names in the telecoms industry.
This announcement comes shortly after the major rebranding of the business as Trilico and now puts Trilico in the position of becoming a global provider of bespoke financing solutions to our partners whether directly connected through Trilico’s platforms or purely as a financing service outside of our network. Members of the Trilico Sales Team will be attending ITW 2018 in Chicago this coming May to present the new financing proposition to leading industry players.
Miles Esfahani, CEO of Trilico said: “At Trilico we have witnessed huge up take in our financing Fast Pay services and our partnership with ruvercap will enable us to meet this growing demand and deploy our creative services globally. We look forward to working with our close friends at ruvercap.”
Jon Turnes, Managing Partner of ruvercap Investment AG said: “We are pleased to help Trilico meet the demand it has been experiencing from its telecoms partners. This facility is a demonstration of our innovation and capabilities as a leading provider of working capital solutions.”
Based in London Trilico is a privately held company specializing in offering bespoke banking and billing platforms for the telecommunications industry. Trilico’s platforms act as a bridge between Tier 1 carriers and smaller operators around the globe, offering a variety of innovative financial services integrated with its flexible billing platforms for Voice, Data and SMS.
ruvercap is a leading investment manager within the private debt universe based in Switzerland. ruvercap caters for institutional and professional investors who desire attractive interest rates from investment solutions with investment grade quality. ruvercap offers consistently attractive returns with fixed-income characteristics and investment grade protection by providing working capital.
Miles Esfahani CEO, Trilico email@example.com
Philip Owen CFO, Trilico firstname.lastname@example.org