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Our Inspiration

Executive Team

Truly Financial’s executives bring over 60 years of fintech, banking, and payments experience to the table. Over the years, they’ve built a robust and global team with deep expertise and experience in small business financial services.

Kanchan Kumar
Kanchan Kumar
CEO and Co-Founder

Kanchan is a serial entrepreneur with 30+ years of experience in tech software.

As a small business owner, he was frustrated by traditional banking and decided to build a better way. In 2016, he co-founded a Canadian payments solution to facilitate small business growth and global commerce. Truly Financial is the next step in this journey of solving the most pressing pain points experienced by small business.

Sandeep Todi
Sandeep Todi
CBO and Co-Founder

Sandeep’s 30-year career has been focused on building financial software and championing small business.

He co-founded a Canadian payments solution in 2016 in order to give small businesses a global payments service and a seat at the table. Prior to this, he helped build the first multi-currency accounting software, grew one of India’s first community portals to nearly a million users, and was founder of a global HR & Payroll Saas platform.

Frank Mastrangelo
Frank Mastrangelo
Executive Chairman

Frank brings an incredible depth of experience in the banking and financial services space.

Frank serves as the CEO of Yapstone, a provider of online and mobile payment solutions for global marketplaces and software platforms. He was also the co-founder of Bancorp, one of the few companies in the world that specializes in providing private-label banking and technology solutions for non-bank companies.

Big Impact for Small Business!