Truly Financial, a company dedicated to small businesses

About Us

We started as small
business owners too!

We know exactly what’s broken with the banking system. That’s why we decided to build a better way.

Our Journey to Truly Financial

Our co-founders, Kanchan & Sandeep, have built many software solutions for small businesses throughout their careers.

In 2016, they launched an international payments solution for small business – processing hundreds of millions of dollars in business payments.

But small businesses are still struggling to step into the global arena. A larger gap needs to be addressed for those who are buying, selling, or hiring globally.

This is why they built Truly Financial.

About Truly Financial
Big Growth for Small Business

Big Growth for Small Business

As a small business owner, there is never enough time or money. Yet banks demand both, all the time.

Outdated and expensive banking systems can make you feel powerless, especially when your headcount is 1 or even 25 and growing. We take fat-cat banking out of small business finances, leaving only the good stuff.

  • Lower fees, more perks.
  • Faster payments, better connections.
  • Greater respect, global reach.

Every customer can expect preferential status from day one.


Our Values

  • Simplifying banking for small business owners
  • Connecting teams and providing global access
  • Championing small business growth

Investors

Truly Financial is backed by some of the leading thinkers and investors in the financial services ecosystem.

Roots Ventures logo
Neeraj Arora

Formerly of Whatsapp & Google

Pravin Gandhi

Founding Partner, Seedfund

Kunal Shah

Founder of Cred & Freecharge

Walter T. Beach

Director, Bancorp

Frank Mastrangelo

Yapstone, Former CEO of Bancorp

Vijay Shekhar Sharma

Founder of PayTM

SmartStart logo
Nasr-Eddine Benaissa

Breitling & ex-McKinsey

Laurent Nordin

Sr. Partner Emeritus, McKinsey

Amit Singhal

Former Head of Google Search


Roots Ventures logo
Neeraj Arora

Formerly of Whatsapp & Google

Walter T. Beach

Director, Bancorp

SmartStart logo
Nasr-Eddine Benaissa

Breitling & ex-McKinsey

Pravin Gandhi

Founding Partner, Seedfund

Frank Mastrangelo

Yapstone, Former CEO of Bancorp

Laurent Nordin

Sr. Partner Emeritus, McKinsey

Kunal Shah

Founder of Cred & Freecharge

Vijay Shekhar Sharma

Founder of PayTM

Amit Singhal

Former Head of Google Search

Executive Team

Kanchan Kumar

Kanchan Kumar

Co-Founder & Chief Executive Officer

Kanchan is an entrepreneur with deep experience in tech software.

In his previous ventures, he was frustrated by old-school banking and felt there had to be a better way. He co-founded Truly Financial and Remitr to improve business payments and banking. Previously he’s worked on large enterprise software, financial accounting, and helping startups.

Sandeep Todi

Sandeep Todi

Co-Founder & Chief Business Officer

A technologist at heart with an entrepreneurial spirit, Sandeep has built several financial technology products.

He co-founded Truly Financial and Remitr to give SMBs better banking and payments. He has many firsts to his credit, including multi-currency accounting software, a global payroll product, and a community portal of nearly 1M users.

Frank Mastrangelo

Frank Mastrangelo

Executive Chairman

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

He serves as the CEO of Yapstone, a provider of payment solutions for global marketplaces and software platforms. He also co-founded Bancorp, a financial infrastructure company that provides non-banks with private-label banking and technology solutions.