Tuesday, December 17, 2024

Grasshopper: Raises $30.4 Million to Address Demand for Digital Banking Services

Grasshopper: Raises $30.4 Million to Address Demand for Digital Banking Services

  • Grasshopper is a client-first digital bank serving founders, their companies
  • Announced the completion of a $30.4 million capital raise, bringing the digital commercial bank’s total funding to date to $160 million
  • While the majority of this funding came from existing investors, including Patriot Financial Partners
  • The advancement in digital banking offerings is clear: digital solutions are now key priorities for millions of businesses
  • Deployed a significant number of business services with impressive momentum and balance sheet growth
  • Continues to refine its board of directors by welcoming Boris Gutin from GCP Capital Partners and Bradford Kopp

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