Rho
All-in-one banking and finance platform for businesses
Overview
Rho is a business banking and spend management platform that combines FDIC-insured checking and savings accounts, corporate cards, bill pay, invoicing, and treasury services in a single system. It targets startups, scale-ups, and small-to-medium businesses, from pre-incorporation companies to enterprises with thousands of employees, and offers specialized tools for accountants and consumer brands. The platform emphasizes a fee-free structure, with no per-seat, subscription, or checking-minimum charges, and includes Delaware C-corp incorporation support. AI-powered expense coding and close automation help finance teams reconcile spend and sync data to their ERP without manual entry. Banking services are provided through partner bank Webster Bank, and treasury products offer yield on idle cash alongside expanded FDIC coverage.
Details
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