About TFL Tech USA
TFL Tech USA is a Financial Services company based in Wilmington (United States) founded in 1998. It provides banking software, AI services, and IT solutions for financial sectors. It operates on a SaaS and B2B model in Financial Services and Technology sectors. Its Indian entity Trust Fintech Limited reported revenue of ₹35.64 Cr. TFL Tech USA offers products and services including TrustBank CBS, Trust LOS, Trust AML, AI Solutions, and SaaS On Cloud. Its focus areas include FinTech, Banking Software, Core Banking and Loan Origination. Similar companies include nCino, ION Group, Backbase, Ohpen and Nymbus and 3 more; 8 of its 8 listed similar companies have raised funding.
Company details
TFL Tech develops innovative software for core banking, loan origination, and anti-money laundering, using AI and cloud technologies to streamline operations for banks and credit unions. Based in the United States with development centers in India, the company focuses on enhancing efficiency, security, and compliance through customizable platforms. It serves various financial institutions, including commercial banks and co-operative banks, by delivering scalable IT services.
- Headquarters Wilmington, United States
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website tfltechus.com
- Social LinkedIn X Facebook
- Legal Name Tfl Tech Inc.
- Date of Incorporation 15 Dec, 1998
- Annual Revenue₹35.64 Cr
FY 2025 · +1% YoY
- Net Profit₹8.01 Cr
FY 2025 · 22% margin
- EBITDA₹13.22 Cr
FY 2025 · 37% margin
Associated legal entities of TFL Tech USA
TFL Tech USA is associated with 2 registered companies on The Company Check; the primary company is Trust Fintech Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Trust Fintech Limited Listed CIN L72100MH1998PLC117470 | Active | 15 Dec 1998 | Nagpur, Maharashtra | ₹35.6 Cr | 218 | 10 | View details |
| Trust Fintech Limited CIN U72100MH1998PLC117470 | Active | 15 Dec 1998 | Nagpur, Maharashtra, India | – | – | – | View details |
Products & Services of TFL Tech USA
TFL Tech USA offers a comprehensive portfolio of products and services, including TrustBank CBS, Trust LOS, Trust AML, AI Solutions, and SaaS On Cloud.
Software for managing banking operations and analytics
Platform for loan processing and management
Tools for detecting and preventing financial fraud
AI for automating banking processes and risk mitigation
Cloud-based solutions for business functionality and uptime
Services for enterprise resource planning systems
Board of directors of Trust Fintech Limited (TFL Tech USA)
Trust Fintech Limited is the primary company behind TFL Tech USA. The board of Trust Fintech Limited currently have 8 directors; the longest-serving is Hemant Padmanabh Chafale, appointed in 1998. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hemant Padmanabh Chafale DIN 01590781 | Managing Director | 17 Dec 1998 | 27 yrs 10 mo | Trust Fintech Limited |
| Mandar Kishor Deo DIN 01590926 | Whole-time director | 12 Mar 2010 | 16 yrs 7 mo | Trust Fintech Limited |
| Heramb Ramkrishna Damle DIN 02734881 | Whole-time director | 12 Mar 2010 | 16 yrs 7 mo | Trust Fintech Limited |
| Anand Shanker Kane DIN 07635348 | Director | 18 Oct 2016 | 10 yrs | Trust Fintech Limited |
| Prasad Annaji Dongarkar DIN 03025312 | Director | 06 Jan 2024 | 2 yrs 9 mo | Trust Fintech Limited |
| Nitin Dattatraya Alshi DIN 05252946 | Director | 06 Jan 2024 | 2 yrs 9 mo | Trust Fintech Limited |
| Kapil Dilip Chandrayan DIN 05311061 | Director | 06 Jan 2024 | 2 yrs 9 mo | Trust Fintech Limited |
| Sandhya Narendra Gulhane DIN 10432093 | Director | 06 Jan 2024 | 2 yrs 9 mo | Trust Fintech Limited |
Financials of TFL Tech USA
Figures of Trust Fintech Limited, the primary company behind TFL Tech USA, for FY 2025. Revenue was ₹35.64 Cr (+1% year on year). Net profit was ₹8.01 Cr (22% margin). EBITDA was ₹13.22 Cr (37% margin). Revenue has grown at a compounded annual rate of +26% over three years and +12% over five years.
- ₹35.64 CrRevenue · FY 2025 · +1% YoY
- ₹8.01 CrNet profit · 22% margin
- ₹13.22 CrEBITDA · 37% margin
- ₹23.83 CrPaid-up capital
- 218Employees (provident fund records)
- +26%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Trust Fintech Limited are on its company page.
Detailed financial statements for TFL Tech USA
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Verified entity values are shown only after access is granted.
Similar companies to TFL Tech USA
TFL Tech USA has 8 listed similar companies in our database, 8 of them funded. They include nCino, ION Group, Backbase, Ohpen and Nymbus, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ncino.com | 2011 | Wilmington, United States | $221.56M | 1,833 | Cloud-based API platform for banking operations is provided. | |
| iongroup.com | 1998 | New York, United States | $400M | 988 | Treasury management solutions are provided for financial institutions and banks. | |
| backbase.com | 2003 | Amsterdam, Netherlands | $128.51M | 2,000 | AI-powered banking platforms are provided for operational growth. | |
| ohpen.com | 2008 | Amsterdam, Netherlands | $48.16M | – | Developer of cloud-based core banking platform for retail mutual funds and savings accounts | |
| nymbus.com | 2015 | Miami, United States | $195.42M | 221 | Cloud-based core banking solutions are offered to financial institutions. | |
| tuum.com | 2019 | Tallinn, Estonia | $49.76M | 82 | Cloud-native API-first core banking platform is provided for banks. | |
| thoughtmachine.net | 2014 | London, United Kingdom | $787.11M | – | Cloud-based platform for core banking is developed via APIs. | |
| finxact.com | 2016 | Jacksonville, United States | $74.84M | 133 | Cloud-based core banking software is delivered via open APIs. |
Detailed similar companies of TFL Tech USA
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- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as TFL Tech USA (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Frequently Asked Questions about TFL Tech USA
TFL Tech USA was founded in 1998.
TFL Tech USA is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
The primary company behind TFL Tech USA, Trust Fintech Limited, reported revenue of ₹35.64 Cr for FY 2025, up 1% year on year.
TFL Tech develops innovative software for core banking, loan origination, and anti-money laundering, using AI and cloud technologies to streamline operations for banks and credit unions. Based in the United States with development centers in India, the company focuses on enhancing efficiency, security, and compliance through customizable platforms. It serves various financial institutions, including commercial banks and co-operative banks, by delivering scalable IT services.
TFL Tech USA's top competitors include nCino, Thought Machine and Tuum.
TFL Tech USA offers TrustBank CBS, Trust LOS, Trust AML, AI Solutions, and 2 more products and services.
TFL Tech USA operates through Trust Fintech Limited.
The legal entities of TFL Tech USA currently have 9 directors, including Mandar Kishor Deo, Heramb Ramkrishna Damle, Hemant Padmanabh Chafale and others.