Notes
Met Zack Bloom at The LA Grind dinner.
Rho is a 🏷️#fintech-company that provides a unified platform for business banking and financial management, tailored specifically for startups at every stage. It allows users to open accounts instantly, earn yield on their cash, and centralize financial operations.While Rho itself is not a bank, it provides core services through regulated partners: checking accounts and corporate card services are provided by Webster Bank, N.A., a member of the FDIC and century old institution, and savings account services are facilitated through American Deposit Management Co. and its partner banks. The platform integrates features like corporate cards, expense management, bill pay, and treasury accounts to help companies extend their runway and control spend.