Truffles opens business bank accounts and lets users settle international remittances in under 5 minutes, 24x7; offering a unified platform for banking, accounting, corporate secretarial services, invoicing and financing.
Intriguing! Truffles streamlines business banking and international remittances within just 5 minutesโ24x7. Merging banking, accounting, and more in one platform is quite a move. How do you ensure the security of transactions and user data on the platform?
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MantleThe ultimate founder launchpad: Cap tables, equity & 409As
Hey ProductHunt ๐
Super thrilled and excited to introduce Truffles to you all today!
Truffles opens business bank accounts and lets users settle international remittances in under 5 minutes, 24x7; offering a unified platform for banking, accounting, corporate secretarial services, invoicing, and financing.
International Banking:
With support for 13 major currencies and 180+ countries, transact and settle Internationally within 5 mins. Truffles works 24/7, even when banks are closed.
Business Incorporation:
We help you set up a business in Singapore within days. We collect and process all the required documents on behalf of you.
NFT-Invoicing:
Truffles helps tokenize invoices in the form of NFTs, saving invoicing and settlement proofs on-chain for use cases in financing invoice payables while protecting business information and maintaining privacy.
If youโre a solopreneur, an international business, a commodities trader, or someone who deals with International transactions frequently, we would like you to try Truffles and let us know what you think. ๐ค
@hungryhelen Appreciate the interest!
Truffles offers setting up a business/entity in Singapore and an accompanying/standalone bank account for your business, with which you can transact internationally.
Inter-Truffles payments are settled in under 5 minutes and 24/7, even when banks would be closed. At the moment, we open businesses in Singapore and the funds are custodied in DBS Bank in Singapore, though we plan to expand jurisdictions soon!
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Would be great if you incorporate the LLC formation in the states as well. Singapore sounds great, but most people want to register a business in Wyoming or Delaware.
@bilalahmad__ Appreciate the suggestion Bilal and we're already looking in that direction!
Singapore entities enjoy advantages such as increasingly extensive trade agreements, ease of doing business and transparent regulatory guidelines. Entrepreneurs starting their business on Truffles can then set up a Singapore business bank account (funds custodied in DBS Bank) and enjoy best international connectivity
Intriguing! Truffles streamlines business banking and international remittances within just 5 minutesโ24x7. Merging banking, accounting, and more in one platform is quite a move. How do you ensure the security of transactions and user data on the platform?
@ann_mykhailova Appreciate the interest! We take data security very seriously and have implemented multiple security measures and monitoring with a team of security experts. We are in line with SOC2 and in the process of getting certified. We adhere to fintech regulations as specified by the Monetary Authority of Singapore (MAS)
We were extensively audited before launch by Halborn, one of the best names in security advisory.
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@uzzual_ : Congrats on the launch team, the product looks amazing.
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