Go from vision to venture

Rho is a business banking platform, purpose-built for startups.

Supporting builders, creators, and innovators

End-to-end startup finances

Consolidate all of your banking needs into a single platform.

Business Checking Accounts

Accounting Automations

Banking at the speed of business

Meet the startups who use Rho every day.

“We started with Rho right when we were founded. We’re now over 80 employees and have raised more than $40M, and they’ve scaled seamlessly with us.”

James Jiang, CEO and Co-founder

$30M 
Series B

“Rho's commitment to providing high-quality support and building a best-in-class product experience really gives me lots of peace of mind as a YC-founder.”

Lucious McDaniel IV, Co-founder

YC Startup

“Rho is the first all-in-one platform that actually makes us feel like we’re on top of everything.”

Bailey Pumfleet, CEO and Co-founder

$25M 
Series A

Expert support at every stage of growth

Lean on Rho’s VC ambassadors for everything from fundraising  tactics and GTM strategy to pitch deck reviews.

Katya

NYC

Focus area: Reducing inequalities

Hugh

San Francisco

Focus area: Product

Vlada

Miami

Focus area: SaaS, ed-tech

We’re better together

Connect with founders, coaches, and investors at Rho’s community events.  In 2024 alone, Rho hosted over 140+ events.

Explore Events

Blueprints for success

Explore the case studies to see how Rho simplifies business banking — from extended runway to operational efficiencies and a 4.2% treasury yield.^*

How a CEO extends his startup's runway and controls spend with Rho.

E-commerce Solutions

11-50 employees

2 months

of additional runway

cash back on treasury accounts

How a CPG company finds stability and earnings through treasury accounts from Rho.

Beverage Products

11-50 employees

$25K+

saved on ACH/wire fees each year

How Mad Rabbit switched to Rho and achieved significant time and cost savings.

E-commerce

2-10 employees

15 hours

saved each month

How a leading HR and payroll platform doubled its financial efficiency with Rho.

Human Resources

11-50 employees

50%

increase in operational efficiency

How Cal.com switched to Rho from a legacy bank and unlocked a modern approach to managing finances

Scheduling Software

11-50 employees

Simplified banking — with rewards

When you switch to Rho, you unlock a $1,500 in statement credit and up to $1M worth of savings on everyday tools.
Terms and conditions apply.¹

Explore Perks

FAQs

Is Rho a bank?

No, Rho is a financial technology company, not a bank. Checking account and card services are provided by Webster Bank, N.A., member FDIC. Savings account services are provided by American Deposit Management Co. and its partner banks.

Who is Rho’s sponsor bank?

Checking account and card services are provided by Webster Bank, N.A., member FDIC. Savings account services are provided by American Deposit Management Co. and its partner banks.

Is my business eligible to apply?

To be eligible for Rho, among other things, your business must be based in the United States. We do not offer services to sole proprietorships or unincorporated businesses.

Does Rho charge fees?

Rho does not charge platform, monthly plan, or ACH fees.

We do charge a flat 1% fee on FX transfers for 32 different currencies, and Rho reserves the right to charge a 3% late fee on a delinquent balance for up to six months, unless prohibited by law.
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Lastly, please note that while Rho does not charge fees for international wire in USD, these transfers can be subject to additional fees set by recipient, correspondent, or intermediary banks, in addition to the SWIFT network.

To learn more about our pricing, visit our Pricing page and Terms of Service.

What is required from my business to apply for a Rho account?

All Rho applicants are required to provide documents and information about their business, owners, and control persons. Required documents include:
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- Corporate formation documents
- Business and industry information
- Tax ID
- Beneficial owner and control person information
- Additional documents and information as applicable
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For companies applying for a Rho credit card, our underwriting team will require additional financial information.
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If you have any questions as you fill out your application, you can contact a member of Rho’s support team through the chat function in the lower right-hand corner of the screen.

Does Rho offer business savings accounts?

Yes. Savings account services and up to $75M in FDIC insurance are provided by American Deposit Management Co. and its partner banks. Rho is a financial technology company, not a bank or an FDIC-insured depository institution. The FDIC's deposit insurance coverage only protects 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. For more information on deposit insurance, please visit the FDIC website.

Does Rho have any minimum checking deposit requirements?

No, we do not have minimum deposit requirements at this time for the checking account.

¹ Terms and Conditions: To qualify for the one-time $1,500.00 USD in statement credits, you must make Rho your Primary Bank Account (defined below) and maintain an average daily checking deposit balance of at least $150,000.00 USD for the first 90 days after your Rho account is opened. “Primary Bank Account” means you must use your Rho account (i) for your payroll, (ii) to deposit your revenue, and (iii) to deposit at least 40% of your company’s assets. Rho reserves the right to request supporting documents to verify that your Rho account meets these criteria for being your Primary Bank Account. Rho shall have sole discretion in determining whether your Rho Account qualifies as your Primary Bank Account based on the provided documentation and any other relevant factors. All account applications are subject to Rho’s Terms of Service and approval in Rho's sole discretion. The $1,500 statement credit will appear in your Rho account within 30 days following the first 90 days of account opening if you meet the deposit and Primary Bank Account status requirements. No substitutions or changes are permitted. The Rho account must remain open and in good standing throughout the 90-day period. This offer is available to new customers only. Existing customers or customers who have applied for an account at Rho during the last 120 days do not qualify. New accounts connected to existing Rho services or accounts do not qualify. Limit one reward per new qualifying business, including all subsidiaries, affiliates, and related entities. This offer cannot be combined with any other offer, and it cannot be reproduced, purchased, sold, transferred, or traded. Void where prohibited. This offer may be changed or discontinued at any time without notice. You are solely responsible for any federal, state, or local tax payments, reporting, or other tax consequences. If we determine, in our sole judgment, that you misused or abused this promotion in any way, we may immediately: (i) temporarily suspend your ability to use or earn cashback rewards; (ii) cancel your card or close any of your Rho Accounts; (iii) forfeit any earned but unredeemed cashback rewards; and (iv) require you to repay any statement credits previously credited to your account.

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. Products and services offered through the Rho platform are subject to approval.

The Rho Corporate Card is issued by Webster Bank N.A., member FDIC pursuant to a license from Mastercard, subject to approval.

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.

This material presented is for informational purposes only and should not be construed as legal, tax, accounting or investment advice. Under no circumstances should any of this material be used for or considered as an offer to sell or a solicitation of any offer to buy an interest in any securities. Any analysis or discussion of financial planning matters, investments, sectors or the market generally are based on current information, including from public sources, that we consider reliable, but we do not represent that any research or the information provided is accurate or complete, and it should not be relied on as such. Our views and opinions are current at the time of publication and are subject to change. You should consult with your attorney or relevant professional advisor for advice particular to your personal or business situation.

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 sought net yield based on 90-day Treasury Bill rates as of [DATE] and an 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 net of fees. 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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