Rho partners with Fondo to offer accounting support to early-stage startups

Platforms unite to simplify startup accounting and bookkeeping.
Author
Dominic Daley
Updated
August 29, 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.

Today, Rho is excited to announce our new partnership with Fondo, the all-in-one accounting platform for high-growth startups.

Starting today, new, qualifying Fondo clients can receive up to three months of Fondo bookkeeping services when they open a Rho Business Checking Account and meet the qualifying requirements. See the applicable terms and conditions below.*

How to redeem this offer

New Fondo clients can take advantage of this offer in a few, easy steps. 

  • Signup for a Fondo account
    • Under “How did you hear about us?” select “Rho Offer”
    • The Rho offer will be applied at checkout
    • Complete all Onboarding Action items, including opening your Rho account via Fondo Marketplace.*

Why we’re investing in early-stage startup success

Whether you’re a startup founder who is just incorporating their business or you’re in the growth stage building product, your startup’s bookkeeping processes may not top your list of priorities. However, getting your finances in order is critical to long-term success, so many startups turn to world-class accounting solutions like Fondo to assist them with finance back-office so startups can focus on what really matters. 

Helping startups focus on what really matters is core to our mission at Rho. We believe founder time is best spent investing time in areas that will increase their odds of long-term success, so we’ve built a business banking platform designed to help remove distractions. With one platform, you can manage your company cash, keep spend controlled, and enjoy finance automation that maximizes the time you spend building your business. Today’s partnership with Fondo complements these efforts as we invest to help tomorrow’s generational companies take the pain out of accounting and finance and maximize their chances of success.

“Fondo and Rho share a common passion in ensuring the next generation of business leaders have the tools, technology, and partners to bring their company visions to life,” said Dominic Daley, VP of Channel Sales at Rho. “Through this integrated experience, founders will get an all-in-one back financial office with the real-time insights to grow their businesses."

Through this partnership, we’re looking forward to furthering our mission of giving startup founders the tools they need to make their finances—and accounting—frictionless. 

Sign up for Fondo and Rho today! 

Offer terms and conditions

*Terms and Conditions: To qualify for up to 3 months (with a maximum value of $5,000.00 USD) in monthly bookkeeping from Fondo, maintain a minimum average daily checking deposit balance of at least $250,000.00 USD for the first 90 days after your Rho account is opened. All account applications are subject to approval in Rho's sole discretion. The new checking account must remain open throughout the 90-day period. Rho Offer must be selected at checkout on Fondo's platform. All accounts are subject to the Terms of Service. This offer may be changed or discontinued at any time without notice. This offer is limited to new customers only. Existing customers or customers who have applied for an account at Rho during the last 120 days do not qualify for this offer. New checking accounts connected to existing Rho services or accounts do not qualify for this offer. Limit one offer per new qualifying business and owner/individual, including all subsidiaries, affiliates, and related entities. This offer cannot be combined with any other offer, and cannot be reproduced, purchased, sold, transferred, or traded. Void where prohibited. You are solely responsible for any federal, state, or local tax payments, reporting, or other tax consequences.

‍Rho is a fintech company, not a bank. Checking and card services provided by Webster Bank, N.A., member FDIC; savings account services provided by American Deposit Management Co. and its partner banks.

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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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