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General Information

CategoryMobile/Wireless
Employees
Founded2001

Offices

Funding

TOTAL $5M
VENTURE FUNDING TOTAL $5M
Venture Round, 2/10
VeriFone Systems
$5M

Tags

Trunkbow International Holdings

Trunkbow was founded in 2001 and is a leading provider of technology platform solutions in China that enable telecom service providers to deploy mobile value-added service applications for their subscribers. In 2009, Trunkbow began rolling out its mobile payments platform initially throughout the province of Shandong with one of the large China telecom carriers and plans similar deployments throughout multiple provinces with multiple telecom carriers. Together, Trunkbow and its telecom partners expect to deploy approximately 125,000 mobile payment terminals integrated with Trunkbow’s 2.4 GHz Near-Field Communications (NFC) technology over the next 3 years.

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Sources

  1. VeriFone Invests in Chinese Mobile Payments Company (freshnews.com) [edit]
  2. Trunkbow Announces Pricing of Initial Public Offering (prnewswire.com) [edit]
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Last Edited 2/3/11

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