Rho Announces Inclusion in BDO Alliance USA

Expanding access to frictionless fintech for BDO Alliance firms
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March 19, 2025
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Rho, a growing leader in business banking for SMBs, startups, and scaled organizations, is now providing services to clients and independent members of the BDO Alliance USA as part of its Vendor Marketing Program.  As part of this program, Rho will be able to offer these growing businesses and professional services firms direct access to the banking platform purposefully built for growth-minded companies. 

Rho is the business banking platform with everything customers need to manage company cash and grow their organizations. Designed for a frictionless experience, organizations can apply in minutes and quickly get started with 24/7 concierge banking and enterprise-grade spend management. As businesses grow, so too does access to essential tools and premium service—all with zero SaaS fees.

“Rho’s inclusion in the Vendor Marketing Program is part of our objective of offering our Alliance members a greater competitive advantage by giving them the ability to leverage additional value-added resources,” said Tom Takasaki, Practice Leader for the BDO Alliance USA’s Business Resource Network. “We strive to establish relationships with product and service providers that can offer the kind of forward-looking capabilities that our Alliance members and their clients need.”

Rho’s introduction to the BDO Alliance USA was sparked during a chance meeting between leaders from the two organizations at ENGAGE 2024, hosted by AICPA & CIMA.

“When I met Tom Takasaki, he explained to me that they did not currently have anyone in their Alliance community that provides streamlined financial operations covering cash and spend management all in one platform,” said Dominic Daley, Rho’s VP of Channel Sales. “Rho has traditionally served SMBs and startups remarkably well, and at ENGAGE, we officially launched the Rho Partner Program, expanding our reach to include accountants as both customers and partners. The response from the accounting community has been incredibly strong, as demonstrated by the 10x growth in Rho's partner base since June 2024.”

Existing and new partners continue to benefit from Rho’s commitment to the accountant community with offerings like the newly launched Accountant Partner Portal and Xero integration, further enhancing the value Rho brings to communities like the BDO Alliance USA.

BDO Alliance USA members who join Rho’s Partner Program are eligible to receive a $2.5k sign up bonus1 after onboarding their 2nd client.  In addition, firms and their clients who open a Rho account can earn up to 2% cash back with Rho Platinum.

Want to learn more about Rho's Accounting Partner Program and how our platform can help you automate manual accounting tasks, add more client value, and grow your firm today? Sign up to become a partner today.

About the BDO Alliance USA

The BDO Alliance USA is a nationwide association of independently owned local and regional accounting, consulting and service firms with similar client service goals. The BDO Alliance USA presents an opportunity for these firms, by accessing the resources of BDO USA and other Alliance members, to expand services to clients without jeopardizing our existing relationships or our autonomy. The BDO Alliance USA was developed to provide member firms with an alternative strategy for gaining competitive advantage in the face of a changing business landscape. Participants in its Vendor Marketing and Learning Vendor Programs includes non-member firms that serve as vendors providing additional products and services to member firms and their clients. The BDO Alliance USA is a subsidiary of BDO USA, P.C., a Virginia professional corporation.

1 Subject to the terms and conditions of the Referral Partner Agreement, BDO Alliance USA Members who join Rho's Partner Program ("Referral Partner") are eligible to receive both standard referral fees and a one-time $2,500.00 USD sign-on bonus credit after successfully onboarding their second new-to-Rho client. The following requirements must be met: (1) Both onboarded clients must be new Rho customers and meet eligibility requirements; (2) Each onboarded client must either maintain an average deposit balance of $100,000 or more in a Rho checking account for 90 days OR spend $50,000 or more using the Rho charge card within 90 days, with both periods beginning from the date the client is onboarded, approved, and activated; (3) Each referred client is eligible to receive a $500 incentive upon meeting these requirements. All clients are subject to Rho's verification. Cannot combine offers. Rho may discontinue, suspend benefits or require repayment for misuse. The one-time $2,500.00 USD sign-on bonus credit will be paid within thirty (30) calendar days following the successful qualification of the second referred client meeting the requirements specified above. Payment is subject to (i) Referral Partner's compliance with these terms, (ii)completion of a W-9, and (iii) provision of required bank account and routing numbers. All standard referral fees will be paid in accordance with the payment terms set forth in the Referral Partner Agreement. Rho is a fintech, not a bank.

March 24, 2025

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Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party.
The Rho Corporate Card is issued by Webster Bank N.A., member FDIC pursuant to a license from Mastercard.
Investment management and advisory services provided by RBB Treasury LLC dba Rho Treasury, an SEC-registered investment adviser and subsidiary of Rho. RBB Treasury LLC facilitates investments in securities: investments are not deposits and are not FDIC-insured. Investments are not bank guaranteed, and may lose value. Investment products involve risk, including the possible loss of the principal invested, and past performance does not future results. Registration with the SEC does not imply a certain level of skill or training. Treasury and custodial services provided through Apex Clearing Corp. ("Apex") and Interactive Brokers LLC ("Interactive"), registered broker dealers and members FINRA/SIPC. Interactive rates may vary from Apex rate shown above. For additional information about investment management and advisory services provided by Rho Treasury, please refer to Rho Treasury’s ADV-2A Wrap Fee Brochure.
             
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Rho Treasury is not insured by the FDIC. Rho Treasury are not deposits or other obligations of Webster Bank N.A., or American Deposit Management Co.’s partner banks, and are not guaranteed by Webster Bank N.A., or American Deposit Management Co.’s partner banks. Rho Treasury products are subject to investment risks, including possible loss of the principal invested.
*This reflects the gross yield based on 90-day Treasury Bill rates as of [DATE]. The advertised yield does not include the annual fee, which ranges from 0.15% for deposits of $20M or more to 0.6% (the maximum annual fee) for deposits under $2M. Individual results may vary depending on the actual investment date and investment products selected. Past performance is not a guarantee of future performance results. The yield is variable and fluctuates without prior notice. The rate shown is before fees. Fees and costs may reduce the actual returns received. The amount of Treasury Bills available at a particular yield will depend upon the sellers’ offer size; any remaining cash balance after the purchase may not earn the same yield.
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