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Extend your runway, earn up to 4.55%*.

Safely invest cash in U.S. Treasury Bills, putting your money to work as you build your business.
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Before and after Rho

Rho enhances every finance process, unlocking time and value.
From manual finance
Your idle cash sits earning little to no interest.

To frictionless finance
All size companies get automated treasury management that actively puts their idle cash to work.3

Pricing

Here is a breakdown of the Net Yield2 you can potentially earn with Rho Treasury based on your total deposits.
Total Deposits
Net Yield4
> $20M
5.11%
$10-20M
5.01%
$5-10M
4.91%
$2-5M
4.81%
$500k-$2M
4.66%
This reflects potential net yield based on 90-day T-bill rates as of 09/27/2024 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 for Apex Clearing Corp. (post-July 2024). For accounts opened prior to July 2024 through Interactive Brokers LLC, the rates may vary from the Apex rates shown above. Individual results may vary depending on the actual investment date and investment products selected. Past performance is no guarantee of future performance. The yield may change at any time and without prior notice.

FAQs

See answers to common questions we get from customers about Rho Treasury.

What is Rho Treasury?

Rho Treasury is a cash management service clients can use to invest non-operational funds into U.S. Treasury Bills, earning yield.

Investment management and advisory services are provided by RBB Treasury LLC dba Rho Treasury, an SEC-registered investment adviser. 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 and past performance does not guarantee future results. Registration with the SEC does not imply a certain level of skill or training. Treasury and custodial services are provided through Apex Clearing Corp. Treasury and custodial services are provided through Interactive Brokers LLC for clients with accounts opened prior to July 2024.

Is my business eligible for Rho Treasury?

Rho Treasury is available for Rho clients that invest $500K or more (subject to compliance and partner review). Reach out to your Client Service representative to learn more.

What yield can I expect with Rho Treasury?

Rho corporate credit cards are issued by Webster Bank, N.A., Member FDIC, and are powered by Mastercard. Rho checking accounts are also provided by Webster Bank, N.A., Member FDIC.

How much does Rho Treasury cost? How do you make money?

Rho Treasury is an RIA (registered investment advisor) and charges a management fee. Please see the ADV Wrap Fee Brochure for further information regarding fees and Rho Treasury.

How fast can I access my funds?

If you sell your treasury bills, you should be able to access the funds within 2-3 business days. Treasury bills sold before maturity are sold at market prices, which can fluctuate. That means that any treasury bills sold before maturity may lose value compared to your principal investment amount due to factors including, but not limited to, fluctuations in interest rates.

Where are my cash and investments held?

When you use Rho Treasury at one of our custodial partners, your cash and investments are held in your company's name at our custodial partner, Apex Clearing Corp. (after July 2024) or Interactive Brokers LLC (pre-July 2024).

Is Rho Treasury FDIC-insured?

No, securities-based portfolios do not have FDIC insurance.

Make cash management frictionless with Rho today.

1Rho 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.
2The Rho Corporate Card is issued by Webster Bank N.A., member FDIC pursuant to a license from Mastercard.
3Investment 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.
© 2019-2024 Under Technologies, Inc. DBA Rho Technologies. Rho is a trademark of Under Technologies, Inc.

Images are provided for illustrative purposes only; performance figures should not be considered to be representative of actual performance.

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.