Rho Business Banking

rho.co

HQ: New York, New York, United States

500

Finance

Company research

Public company, workplace, funding, and market signals

Updated Aug 16, 2026

Overview

Rho is a New York fintech that provides an integrated financial operating system for startups, growth companies, and finance teams. Its platform combines business banking, corporate cards, expense management, accounts payable automation, treasury, payments, and accounting integrations, supported by human service. Rho is a fintech rather than a bank; banking services are provided through partner financial institutions.

Primary product

Integrated business banking and finance platform combining checking, savings/treasury, corporate cards, spend management, bill pay/AP automation, payments, and accounting automation.

Founded

2018

Headquarters

100 Crosby Street, New York, NY 10012, United States

Team size

201-500

Work style

Hybrid

Industry

Financial Services

Sub-industry

Fintech; business banking; corporate spend management; treasury and financial operations software

Offices

New York, NY

Austin, TX

Boston, MA

Los Angeles, CA

Salt Lake City, UT

San Francisco, CA

Belgrade, Serbia

Poland — remote roles

Business model

B2B fintech platform

Interchange and card economics

Banking and payments economics

Treasury and cash-management products

Enterprise and implementation services

Funding

Stage

Series B / growth-stage private company

Total raised

$197.2M

Latest round

Series B extension / Series B-II · Sep 2023

Series B extension / Series B-II

Sep 2023 · Clocktower Technology Ventures

Series B

Dec 2021 · Dragoneer Investment Group; DFJ Growth

$75M

Debt financing

Apr 2021 · Community Investment Management

$100M

Series A

Jan 2021 · M13 Ventures

$15M

Seed

Oct 2019 · Inspired Capital

$4.9M

People & investors

Leadership

Everett Cook

CEO and Co-Founder

Alex Wheldon

Co-Founder; publicly described as Chief Product Officer

Kim Phifer

Chief Technology Officer

Stas Johnson-Chyzhykov

Chief Operating Officer

Jeff Pasquerella

Chief Compliance Officer

Jared Hubbard

Head of Credit

Devonaire Ortiz

VP, People & Talent

Investors

Clocktower Technology Ventures

Community Investment Management

ConsenSys

DFJ Growth

Dragoneer Investment Group

Work & culture

Public recruiting materials emphasize high ownership, customer obsession, product-minded engineering, collaboration across product, engineering, operations, and external financial partners, and a strong service orientation. Rho positions itself as founder-focused and emphasizes fast, human support rather than ticket queues.

Work style

Hybrid

Compensation

Public job postings show equity, healthcare, and paid time off. A Client Engagement Manager posting listed a $115,000-$125,000 base salary range and $140,000-$155,000 OTE. Engineering postings generally describe compensation and benefits by location but do not consistently publish ranges.

Benefits

Equity

Healthcare coverage, including family coverage in some locations

Generous paid time off

Parental/paternity leave

Learning and development budget

Lunch at work for onsite staff

Parking support for onsite staff

Dedicated implementation and customer-support resources

Product & market

Pricing

Core banking, cards, expense management, AP, and accounting capabilities are publicly marketed with $0 monthly subscription, per-user, and minimum-balance fees for standard services. Additional economics may come from card interchange, foreign-exchange charges, treasury products, and enterprise/custom services. Rho's public pages advertise fee-free ACH, domestic wires, and checks; international FX and some specialized services may carry fees.

Differentiators

—Combines business banking, corporate cards, expense management, AP automation, payments, treasury, and accounting integrations in one platform
—Founder-oriented onboarding and claimed 24/7 human support
—No standard monthly subscription or per-user fees for core services
—Treasury and cash-management products designed for venture-backed companies with significant idle cash
—Accounting integrations and transaction-level automation intended to accelerate reconciliation and month-end close
—Partner-bank structure can provide FDIC insurance while Rho focuses on software and service

Technology

Python

TypeScript

React

GraphQL

gRPC

PostgreSQL

Docker

Kubernetes

Google Cloud Platform

AWS

Terraform

Helm

GitHub Actions

Apache Kafka / event streaming

SQL

Snowflake

NetSuite

QuickBooks

Sage Intacct integration

Customers

Landseer

Fibe

QuoteWell

Customers described in Rho case studies and testimonials, including venture-backed startups, accounting firms, fractional CFOs, and growth-stage companies

Competitors

Mercury

Brex

Ramp

Airbase

AvidXchange

Tipalti

Navan

Soldo

Relay

Chase and traditional commercial banks

Scale & contact

Estimated revenue

$20M-$55M annually; third-party estimates include approximately $25M from Exa's LinkedIn-derived company profile, $34M from Growjo, and $55M from Datanyze. These are estimates, not company-reported revenue.

Estimated monthly visits

53K

Traffic estimate as of Oct 2021

Signals & risks

Acquisition

Aug 2024

Rho announced a transaction under which Capital, a founder-focused fundraising and banking platform, joined Rho. Capital's founders and team were expected to support Rho's startup customer and founder-engagement efforts.

Source

Acquisition

Feb 2022

Public LinkedIn career information states that Rho acquired InterPrime Technologies and migrated approximately 90 corporate treasury clients onto the Rho platform.

Source

Acquisition

Jul 2024

Third-party coverage reported a merger involving Creative Juice, a creator-focused fintech, and Rho. The transaction was intended to expand Rho's creator-finance offering; public details on deal terms are limited.

Source

Other

Sep 2023

A former Head of Customer Success publicly stated that his role was eliminated in September 2023. This is evidence of an individual role elimination, not a disclosed company-wide layoff.

Source

Latest news

Rho unveils AI-powered AP automation for CFOs and finance teams

Rho · Nov 2025

Rho announced One-Click AP, an AI-oriented accounts-payable automation product integrated with its banking, cards, expenses, and accounting workflows.

Rho expands its New York office to approximately 12,721 square feet

Commercial Observer · Sep 2025

Rho reportedly doubled its footprint at 100 Crosby Street in SoHo, a signal of continued office and hiring investment.

Rho completes transaction to bring Capital into the company

Rho · Aug 2024

Capital's founders and team joined Rho to strengthen startup and founder engagement; Capital customers were offered access to Rho's broader financial platform.

Eric Woersching joins Rho's board

Rho · Jul 2024

Rho announced Eric Woersching as an independent director as the company moved into its next growth stage.

Rho announces a $75M Series B round and broader rebrand

Rho · Jul 2024

Rho described a $75M Series B led by Dragoneer and DFJ Growth, with participation from M13, Inspired Capital, Torch Capital, and angel investors, alongside a shift from Rho Business Banking to the Rho brand.

Jobs and careers at Rho Business Banking

53 jobs at Rho Business Banking

Growth BDR, San Francisco

On-site

GTM

San Francisco; San Francisco, California, United States

5d ago

On-site

Full-time