August's Rhoundup is live and Remi Chester is back with it. Featuring: Rho Incorporation, Pay Invoices by Card, and more. Check out the full release in the comments.
About us
Rho is the modern banking platform built for startups. Open accounts in minutes, issue cards, manage expenses, pay bills, and close the books – all in one connected platform backed by real human support.
- Website
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https://www.rho.co
External link for Rho
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- New York
- Type
- Privately Held
- Founded
- 2018
- Specialties
- banking, payments, business banking, and corporate cards
Employees at Rho
Locations
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Primary
Get directions
100 Crosby St
New York, 10012, US
Updates
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Remi Chester hopped on the Coney Island Cyclone to announce that Pay by Card is live today in Rho Invoicing. Why? The love of the game - and for love of metaphors. See, getting paid by clients can feel like an emotional roller coaster. High when you land the customer. Low when they can't pay you because you don't accept cards. Introducing Pay by Card on Rho Invoicing. Customers pay by credit card, debit card, or Google Pay, right from the invoice link. They click, they pay, done in seconds. No wire details, no bank logins. Payments reconcile automatically too, with QuickBooks sync turning invoices into accounts receivable on its own. Live now for all Rho customers.
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Explosive growth with no current moat, or slow growth with a real one? Boaz Fachler: "Definitely explosive growth." "Unless you're Anthropic... there's no moat." From the latest episode of Venture Grounds, a podcast by Rho
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LOCK IN Hackathon 🔜 September 12–13, our SoHo office. Spend the weekend with founders and builders. Build things, have a great time. Hosted by Sean Hu. Apply → https://lnkd.in/ee3D-Vuy
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Today our partner bank, Webster Bank, officially became part of Santander. If you're a Rho customer, you probably have two questions. "Do I need to do anything?" No. Your accounts, cards, logins, and payments all work exactly as they did yesterday, supported by the same 24/7 team. "So what does this mean for me?" It means the bank holding your deposits now operates at a different scale: roughly $327B in US assets, inside a $2 trillion global banking group. Rho was built on the idea that companies shouldn't have to choose between modern financial software and an established bank behind it. As of today, that bank is one of the largest in the country. Rho is a fintech company, not a bank. Checking and card services for our clients are provided by Webster Bank, a division of Santander Bank, N.A., Member FDIC.
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James Gettinger: "Warren Buffett says that if you do 20 investments or more, there's a good chance you don't know what you're doing." "What if I only did 10 or 15 investments and I actually changed the odds that they were going to be successful? What's your unicorn hit rate then?" From the latest episode of Venture Grounds, a podcast by Rho.
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New Lock In campaign is live. Our newest fleet of trucks has officially hit the streets of SF, featuring founders who know a thing or two about staying locked in for the long haul. Our first trucks were for the early days. Missed birthdays, canceled dates, and skipped gym sessions. Then the company grows. So do the problems. Like explaining technology to Congress, for example. Keep an eye out around SF. They’re pretty hard to miss. For founders in it for the long haul. LOCK IN.