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@rhobusiness
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The powerful business banking platform built to scale – from idea to IPO and beyond: 🏦
NY Seed Round pod ⬇️
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Pinned Tweet
We did something crazy.
We think NYC is the best place in the world to build a startup, and like
@andruyeung
, we also think we can convince someone of this within a week of being here.
So, we thought...why not make that happen?
In honor of NYC
@Techweek_
, we're partnering…
11
43
282
How do NYC founders stay motivated when times get tough?
We asked one – Allison Pike at
@infieldai
❤️🗽
17
56
615
[NEW EPISODE] It's Friday, which means a new episode of our NY Seed Round pod just dropped!
This week,
@justinwolz
spoke with
@NBTJacklyn
—a popular tech YouTuber whose witty, entertaining tech reviews have generated millions of views.
Given her expertise, we wanted to get…
7
48
529
Exciting news! The first episode of our new podcast hosted by
@justinwolz
– 🗽NY Seed Round – just dropped!
@jacob93_jj
, CEO & Co-Founder of
@theburntapp
, opened up about his experience going from growing up in the restaurant industry alongside his spouse and business…
8
20
336
[NEW EPISODE] This week’s NY Seed Round just dropped!
This week,
@justinwolz
, interviews
@planneryapp
CTO & Co-Founder
@afirst
—a Forbes 30 Under 30 and second-time founder.
First-time founders are prone to making mistakes that can be costly. Given Andrew exited his first…
5
25
297
Big news: we’re excited to announce the official launch of NY Seed Round – a series of interviews with the founders, investors, and operators based in the city.
The goal? Make NYC the best place in the world to build a startup.
The first guest?
@jacob93_jj
of
@theburntapp
on…
15
27
299
We designed our Treasury Management Account to help companies safeguard their cash reserves, especially during these turbulent times.
Learn more in our latest blog post:
2
23
271
It’s official: The Fed has raised interest rates by 25 basis points. What does this mean for startup founders?
Adjust your cash management plan. If you are unsure where to start, learn about how Rho Prime Treasury can help today:
3
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Throughout 2020, we asked dozens of founders how they’ve handled big challenges — from halted supply chains to brand relaunches.
Here are some of our favorite pieces of advice.
Thread 🧵👇
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Expenses are painful. We want to change that. Introducing Expense Management with Rho.
1
6
23
Last month, we added several new features & improvements to the Rho platform, including
@SageIntacct
&
@MSDYN365BC
integrations, reimbursement archiving, and more.
Learn more in our latest product update video below and visit today.
1
6
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Today's NetSuite integration announcement is big for Rho customers 🚀
1
6
19
How should founders approach fundraising?
@lunchclubai
co-founder
@hayleyleibson
, who helped raise the company's $4 million seed round led by
@a16z
, says you should break it into 6 steps.
Read her interview with
@rhobusiness
here:
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5
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Rho's Treasury Management Account helps you access up to $75M in FDIC deposit insurance via our network of 400+ partner banks - without the hassle of opening multiple bank accounts.
We launched this in 2019 to help founders during times like today:
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5
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Which newsletters are your favorite Friday reads?
✔️
@iiiitsandrea
's
@thesnaxshot
✔️
@_brandswell
's The Steam
✔️
@andjelicaaa
's The Sociology of Business
✔️
@packyM
's
@notboringclub
✔️
@iankar_
's
@fintechtoday_
✔️
@adrianalfieri
's
@readtheproof
✔️
@stewfortier
's Stew's Letter
0
2
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Launching today for Rho Business Banking clients: Accounts payable.
Invoices are uploaded, approved, coded, and paid – all within Rho. Learn more:
1
2
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"We all live for someone to take our opinion seriously."
@polina_marinova
interviews
@WearAtoms
founder
@sidraqasim
about her decades-long journey to found a business now backed by
@alexisohanian
's Initialized Capital,
@ShrugCap
, and Kleiner Perkins.
0
7
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"There's a lot of talk in the U.S. about reshoring. Firms are concerned about making a product in only one place, being reliant on one supplier, one ship line, one port."
@tracyalloway
&
@TheStalwart
dig in to the post-covid impacts on global shipping.
0
3
17
It’s been an incredible and busy year here at Rho, and we’re excited to announce that we’ve closed our $75 million Series B funding round led by Dragoneer and
@dfjgrowth
.
1
3
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This week we asked
@TheYelitsa
about her journey to bring the Zoe Doll to life. Read her playbook on e-commerce, product development, and authentic storytelling here:
0
8
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Global payments are now available at Rho—for free. Send USD payments to 161 countries. Convert to 36 local currencies for just 0.5%.
Email Bank
@Rho
.co today to learn more.
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As businesses scale, so do their payables, making AP a tedious, complex process 💳
What if it didn't have to be?
Today, we're declaring an end to legacy AP with the Rho platform's new One-Click AP.
Let's dive into the details 🧵
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Whether your organization has hundreds of employees or less than ten, onboard your team to Rho takes seconds! 🕐
Read more about Rho's HR integration powered by
@merge_api
in our blog linked in the comments 👇
1
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Coffee with high-caliber founders reminds us why we’re bullish on NYC’s future ☕️❤️🗽
0
1
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"There will be no fees to send international wire transfers, aside from a 0.5% foreign exchange fee. Companies can get up to five checking accounts per single tax ID and keep track of these accounts in one dashboard."
Thank you
@MiriamSCross
@AmerBanker
0
3
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In this week's interview with
@rhobusiness
,
@coppercowcoffee
Founder and CEO Debbie Wei Mullin breaks down the four biggest lessons she's learned while scaling her company. From hiring to raising VC funding, read her tips here:
0
5
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"The ability to deliver a great service is fundamentally rooted in understanding your customers."
@rhobusiness
CEO
@everettcookny
speaking on last night's
@theStacklist
panel with
@mrudoy
, CEO at
@Jetty
,
@napsel
Co-founder of
@HiMorty
, and Preeti Krishnan of
@DailyPay
.
0
3
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Are you applying for the Paycheck Protection Program? We can help. Head to Rho, and we'll connect you with a bank that can process your application the fastest.
#PPP
1
3
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.
@Sasheec
didn't know anyone in venture capital when she started her business
@myteadrop
. She tells
@RhoBusiness
step-by-step how she raised her $1.9 million seed round, while winning fans like
@chrissyteigen
#VC
#startups
0
2
12
The Rho Card™ has arrived. We're proud to introduce the first-ever corporate card that gives businesses control over their credit terms, cash back, and company spend.
#fintech
1
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NYC Tech Week 2024 will be the biggest one yet.
Excited to share a big reason why TOMORROW.
Comment 👋 below and you’ll get to hear the big news before anyone else.
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Breakfast. Rooftop. Founders. Investors. Bagels. It had everything.
Thank you to all the NYC tech community that came out! Bullish on this city.
🗽❤️
Need more hungry people at my tech breakfast events w/
@rhobusiness
These are the leftovers. Come get them. Selina Chelsea!
6
1
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0
0
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Special thanks to
@EdLudlow
& the
@BloombergTV
@technology
team for having our CEO
@everettcookny
on today to talk about the Rho platform's new 'One-Click AP' - catch the interview link below!
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Amazing turnout last night at the March Tech Mixer! Bravo to
@andruyeung
for building such an incredible community - appreciate the chance to be a small part of something special.
ICYMI, you can catch other events we’re hosting throughout the year to bring more NYC founders and…
1
1
2
Good lesson for founders. Embrace video.
I asked
@NBTJacklyn
– someone who has generated millions of YouTube views with witty, entertaining tech reviews – why founders should get out of their comfort zone with video.
TL;DR better video storytelling = better sales skills.
Storytelling is a challenging skill to learn.…
3
1
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"As a founder, my number one priority at Rho is to build a phenomenal team, full of people that complement each other's skillsets."
@everettcookny
CEO & Co-Founder of
@rhobusiness
joins
@DanielScrivner
on
@heyoutliers
0
4
11
In Austin, Texas,
@beardbrand
's physical location is used mostly for market research and filming YouTube material, CEO
@bandholz
tells
@kdlafrance
.
It's working: Beard Brand's channel has 1.62 million subscribers.
0
2
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Congrats to
@hello_iamelliot
for bringing together so many
#NYC
founders, operators and creators last night.
Thanks to
@allthingsmarco
and
@sir_gee_ohhhhh
for hosting such a fun
@hello_iamelliot
gathering last night! Great meeting up with a bunch of people doing really cool things in the D2C space :)
2
1
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0
1
11
"Talent is only one piece of the puzzle."
@web
interviews
@yayalexisgay
about the business of being a full-time creator and her strategies to grow an audience — authentically.
0
3
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Recent events have prompted many companies to initiate new relationships with different financial institutions.
Make no mistake: These transition periods create opportune moments for fraudulent actors.
Here are 5 tips for mitigating fraud risk during transition periods 🧵
1
1
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More great analysis from
@sytaylor
: “This is hard to dislodge, but…also why companies like
@rhobusiness
are focused here too.” We see a massive, unmet need for new biz banking services - and a customer value unlock when you integrate them with other corp finance processes 💪
Fintech 🧠 Food - August 7th 2022
This week
📣 Is Fintech finance or tech?
💸 4 Fintech Companies
👀 Robinhood Layoffs and AML Fine
👀 JPMC launches a travel agent (wtf?)
📚 How Monzo got its first million customers
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3
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0
0
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How should startup founders & finance teams think about treasury in the current market?
@MikeJDombrowski
gives his take in a new article for
@TechCrunchPlus
@TechCrunch
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3
10
A big day for the Rho team! We've raised $100 million in debt financing from global impact investment firm
@CIM_LLC
fueling our ability to service clients beyond traditional banking needs.
0
4
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🚀 Just shipped: New Reimbursement Controls in Rho!
Finance teams spend too much time chasing down reimbursement documentation, so we rolled out Reimbursements earlier this year to make it easier.
Now, we're taking it to a new level, giving admins the ability to configure…
0
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Whether you're in the office or on the golf course, the new Rho App lets you easily approve checking account transfers on the go. See, no more excuses for shooting a 115 ⛳️
0
2
9
In 2020,
@jjoannashan
,
@danyohuang
,
@jonathanxuexue
, &
@marcuhroni
should have started sophomore year in college.
Instead they had an idea—an app to draw your way to love.
4 weeks after launch,
@monetdating
has TikTok fame, seed funding, and 20,000 users. 🧵👇
1
2
9
Which podcasts are you catching up on this week?
✔️
@Domm
on
@fast
's Talking Fast
✔️
@nathanbarry
&
@anthilemoon
on The Nathan Barry Show
✔️
@karagoldin
on
@RebeccaMinkoff
's Superwomen
✔️
@packyM
&
@gilbert
on
@AcquiredFM
✔️
@TaliaGold
&
@jimmy_wales
on This is Series A
0
1
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The Rho Mobile App has a new Banking view, helping founders & finance teams track their Rho checking, treasury, and rewards balances.
Read more about how founders use the Rho Mobile App today:
0
3
8
"People say ‘fake it until you make it,’ but it doesn’t work with early customers. You really can’t fake anything."
@Lumi
Co-Founder and CEO
@jessegenet
shares her advice for winning—and keeping—your first clients in this week's
@rhobusiness
blog post.
0
2
9
Rho is the all-in-one financial platform organizations can bank on. Learn how we help lean corporate finance teams and leaders drive greater workflow efficiency, control, and visibility over how money moves in and out of their organizations today at
0
6
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ICYMI:
@Coppercowcoffee
Founder Debbie Wei Mullin shares the biggest lesson she learned about raising venture capital from
@binhtran
and
@500Startups
in this week's interview with
@rhobusiness
:
0
3
9
Last week,
@rhobusiness
stopped by
#Austin
, Texas to meet with exciting entrepreneurs, including
@Rocketdollar
co-founder
@henryyoshida
. He's an expert at scaling and operating businesses, and he shared his No. 1 piece of advice for startups with us here:
0
4
9
The future of banking for modern teams is here: Rho Business Banking is excited to share the launch of our TeamCards and TeamAccounts.
1
1
9
From
@RootsDolls
CEO
@TheYelitsa
: Take action. Get started. Right now.
“If you spend forever working on something and never produce it, someone else is going to do it for you.”
1
4
9
Excited to support the next generation of NYC builders with
@andruyeung
@TechNYC
@wearenextnyc
- more to come!
I’m excited to announce I've partnered with
@rhobusiness
to support early-stage founders in NYC!
What founders can expect 👇
12
7
101
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1
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New
@FortuneMagazine
CFO Daily is a case study on cash flow – one of the friction points in finance we started Rho to solve 🧵
1
0
9
Huge shoutout to the many amazing folks working double time to help startups get through the stresses of tax season today —
@tryfondo
@KruzeConsulting
@ShayCPA
@BurklandAssoc
@YourCFOGuy
@PilotHQ
@EscalonGlobal
@MontPac
and many more! We salute you 🫡
3
0
9
Catch
@MikeJDombrowski
’s interview on all things treasury and startups with
@TradeTalks
host
@JillMalandrino
.
@rhobusiness
Corporate Treasury Advisor
@MikeDombrowski
joins
@JillMalandrino
on
@Nasdaq
#TradeTalks
to discuss startup operations in 2023 and why the objective is the preservation of capital, risk management & income generation.
0
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How can our startup stay nimble and innovate at the same pace on Day 1000 as we did on Day 1?
It's a question every startup founder grapples with...and one our CEO
@everettcookny
will chat with
@Navan
@M_Sindicich
,
@Citi
, and
@axios
fintech reporter
@ShenLucinda
about at…
0
2
8
🗽❤️ NYC founders: We're hosting a ton of events to help you connect with peers, find customers, and reach VCs.
Here are just a few of them 👇
1
0
8
Madhappy co-founder
@PeimanRaf
breaks down their $1.8 million round led by LVMH, working with celebrities, and hosting pop ups in this interview with
@Retail_Brew
's
@halie_lesavage
. A great read for aspiring fashion brands.
0
2
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For those needing fast support & fund diversification, Rho's Treasury Management Account is built on a network of 300 banks & backed by up to $75M in FDIC insurance.
Learn more today:
1
2
8
@rhobusiness
recently worked with
@1Password
to make online purchasing with the Rho Card easier than ever. Learn more in our new blog post.
0
1
8
We're honored to be recognized as an
@Inc
#PowerPartner
!
From Day 1, Rho was built to help finance teams powering U.S. SMBs do more with less, faster.
To celebrate, we're dedicating this post to highlighting amazing businesses we have the privilege to work with every day 👇
1
3
8
Are you thinking about financing for your e-commerce business? VC isn't the only game in town.
RSVP to learn everything you need to know about financing for e-commerce from
@rhobusiness
's
@everettcookny
,
@mrsharma
, and
@Lumi
's
@jessegenet
next Thursday.
0
3
8
We’ve compiled a list of resources that we’ve found useful to companies working through the crisis. Available here:
0
3
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400+ banks; 1 account. Up to $75M FDIC coverage.
Learn about Rho's Treasury Management Account today.
0
0
8
@BlakeTOliver
Thanks Blake! We love our friends at
@Navan
for this! We use their travel policy controls ourselves - and know they've done the same for thousands of SMBs out there.
0
1
8
Rule at Rho: All NYC founders get a mug ☕️
DMs open ❤️🗽
2
0
7
Have you been following our series on business leadership? We've interviewed
@sydney_lykes
,
@IlirSela
,
@Sasheec
,
@dwmullin
,
@hayleyleibson
,
@jessegenet
,
@julianlevine16
,
@adamjgoldstein
and more.
Who should we interview next?
1
0
8
🥳 We launched the Rho Mobile App exactly 1 month ago. What have we learned since then? 🧵
1
1
8
You've applied for the Paycheck Protection Program, but what comes next? Here's what we know so far.
Reach out with questions to Bank
@Rho
.Co anytime and a business banker will answer them.
0
2
7
"When you're pitching, don't say a sentence without a number in it."
@JamesCurrier
, four-time founder and Managing Partner at
@NFX
, breaks down 16 lessons any founder can use to be more successful at raising money.
#VentureCapital
0
1
7
What is a fractional CFO and how can your fast-growing startup benefit from one?
0
2
7
Over a year removed from the SVB crisis, our CEO
@everettcookny
will join
@CNBC
's
@dee_bosa
and leaders from
@Ripple
and
@teamjiko
to discuss the future of banking and startups at this week's
@EricNewcomer
Banking Summit.
If you'll be in the Bay Area this Thursday, there are…
2
3
7
Help your finance team out so they can spend Super Bowl weekend watching commercials, not emailing you about a receipt from November.
1
0
7
From
@flybyjing
Founder
@jennygao
: Do not cut corners in product development. Even when it’s hard.
“The greatest marketing tool is the product itself. People need to have a reason to talk about it independent of paid ads.”
1
2
7
Don't miss
@rhobusiness
co-founder
@awheldon
share his advice on developing new products for
@theStacklist
. We'll see you there!
0
1
7
Six features will define the platforms behind America's next wave of innovation.
@TaliaGold
at
@BessemerVP
breaks it down🧵👇
Starting a business has never been harder. Over the past 30 years, new business creation has declined ~50%.
But with new technology enabling entrepreneurship, we're now starting to see the reinvention of the American Dream!
Thread 👇
5
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0
0
7
We are delighted to be featured on
@CBinsights
#Fintech250
list as one of the most promising fintech companies globally!
Thank you
@CBinsights
, Rho team, partners, investors, and of course our incredible clients for joining us on this exciting journey.
0
1
7
Read more about our
@rhobusiness
and our recent announcement to help companies make expenses frictionless in
@bankingdive
!
1
2
7
"We enable teams to make better decisions faster and easier."
@Rhobusiness
co-founders
@awheldon
and
@everettcookny
sat down with
@W_Hernandez16
at
@AmerBanker
to talk about challenger banks, the structure of modern teams, and servicing scaling startups.
0
1
7
ICYMI, we made one of the biggest announcements in our company history this morning. Here's a summary 🧵
1
0
7
0
3
7
As CEO at Hipmunk,
@adamjgoldstein
experienced constant stress. Today, the
@ycombinator
visiting partner is sharing the strategies he's learned to mitigate anxiety with others. Read his tips in this week's interview with
@rhobusiness
.
1
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