About Us
Businesses have long grappled with banking roadblocks and frustrating financial processes.
At Toolbox, we're building an intelligent financial platform to empower SMBs with insights, automation and recommendations only available to the world's leading corporate finance teams.
Our vision is to provide best-in-class financial tools to businesses of any size.
"While many focus on upgrading banking interfaces, we at Toolbox aim to revamp the entire financial workflow. Our latest offerings, automated bookkeeping and accounts automation, are testimony to our commitment to revolutionizing SMB banking."
Toolbox is not a bank and does not hold any customer funds.
We partner with Thread Bank, member FDIC, where customer funds are held. Our revenue model partly mirrors that of banks as well as software companies: we share in the yield on deposits held at our partner banks, as well as the network and banking fees paid by merchants on card transactions, and we receive a portion of the fees paid by lenders on our marketplace. In turn, we reward our customers and invest in enhancing our platform.
Our experience equips us with a unique skillset to serve SMBs and build the best possible financial platform.
Our team combines experience from leading financial services and tech companies, including powerhouses like Goldman Sachs, Pie Insurance, Harvard Business School, and OneTrust.