In 2017, Mark Troncale founded NanoBanc, a tech-driven bank for high net worth individuals and real estate entrepreneurs.
INCEPTION of NANOBANC
It all began with an idea that Quantum Unity Partner Mark Troncale envisioned: The creation of NanoBanc, world class institution leveraging technology to provide the securest financial services to high net worth individuals and real estate entrepreneurs.
At the end of the first year, Mark had raised $118 million in equity capital, alongside $23 million in institutional capital. Mark and his team then went on to secure over $1.3 billion in deposits. NanoBanc harnessed the power of technology to develop innovative solutions such as biometric sensors for secure authentication, ultra-thin biodegradable payment cards, and low-cost nano material-based currency authentication protocols. These breakthroughs not only set NanoBanc apart from competitors but also laid the groundwork for scaleable, and competitive financial products.
NanoBanc forged alliances with local governments, microfinance institutions, and NGOs to extend its reach and impact, leveraging their infrastructure and expertise to gain marketshare in record setting time.
Operating at the intersection of finance and emerging technology, NanoBanc encountered complex regulatory hurdles. Troncale's deft navigation of these challenges, including compliance with anti-money laundering and data privacy regulations, became instrumental in the company's expansion.
$1.3 Billion in Deposits in 3 years
$141 Million Raised
ACQUIRED Community Bank


