Introducing Rho Treasury

Access bespoke treasury management in just a few clicks.
Author
Everett Cook
Updated
July 30, 2024
Read time
7

Spending made smarter

Eliminate annoying banking fees, earn yield on your cash, and operate more efficiently with Rho.

Rho is a fintech company, not a bank. 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.

The Fed’s latest interest rate hike presents a problem and an opportunity for CFOs. It signals inflation remains a threat to profit margins and cash reserves. On the other hand, a well-executed treasury management strategy in a high-interest rate environment is a competitive unlock against others who keep their cash in near-zero interest checking accounts when inflation is at 8-9%.

CFOs at the world’s biggest companies have investment managers create sophisticated treasury portfolios that leverage high-grade assets. But this is expensive, complicated, and time-consuming for other companies – until now.

Today, we’re launching Rho Treasury, a tailored treasury management offering built into Rho’s platform that helps your company put its hard-earned money to work with the same level of professionally managed treasury management services that the world’s largest companies receive.

How Rho Treasury works

Whether you are the finance lead of a startup that closed a recent funding round or a midsize capital goods company looking to insulate your capital, Rho Treasury helps you put your idle cash to work with a sophisticated treasury management strategy.

Here’s how it works: Rho customers select a custom investment policy tailored to their business’s unique liquidity and security needs, supported by Rho’s in-house investment team. Rho’s platform can also actively adjust customers’ portfolios to earn market rates while monitoring operating account balances and automatically transferring money as needed.

All it takes is three easy steps:

  1. Select your investment policy tailored to your cash flow and security needs.
  2. Connect your Rho checking account.
  3. Sit back as the Rho Treasury team scans the market and optimizes your portfolio.

It’s important to note that Rho Treasury only invests your idle cash in high-grade assets that align with your customized investment policy and liquidity needs. Rho Treasury is an SEC-registered Investment Advisor with a fiduciary obligation to act in your best interests. Think of us as an extension of your team.

How Rho Treasury is different

Let’s say you are the CFO of a Series B startup that just raised a new round of funding (congratulations). Your investors want to know you’re a good steward of their capital, so you want to put your hard-earned financing to work in an investment policy that balances liquidity with security and yield. You will face two significant problems.

First, most traditional banks will force you into using proprietary products designed to maximize their fees, not your return. Second, newer treasury providers (e.g., robo-advisors) aren’t much better. Their recommendations lack a human touch and tie your money up in pooled, rigid accounts, limiting your control and neglecting the specifics that make your organization unique. You need more than a one-size-fits-all solution and one that actively and expertly manages your money.

Making treasury management frictionless

Our mission at Rho is to make finance frictionless for organizations. The Fed has signaled that inflation and rising interest rates are here to stay for the foreseeable future, so we are focused on innovating to give finance leaders more options to tackle this prominent challenge.

When it comes to managing inflation, treasury management is an effective tool, but few companies have the time and resources to manage the complicated process actively – and others may not know where to start. With Rho Treasury, Rho customers now have access to premium corporate treasury management in the same platform where they can also manage bill payments, corporate cards, and banking. This is the power of integration.

Talk to a Rho expert today if you’d like to learn more about how Rho Treasury can help you get away from near-zero rates that banks are paying you on your idle cash.

All in one finance platform

Outgrow your forecast, not your finance platform – with Rho

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*Rho is a fintech company, not a bank. 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.
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. Mastercard® and the circles design are trademarks of Mastercard International Incorporated. International and foreign currency payments services 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 is subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party.
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