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

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Thoughtworks Partners with AWS to Accelerate Generative AI Adoption in Asia Pacific

Subheading Thoughtworks and AWS collaborate to drive generative AI adoption,...

UK Regulator PSR Plans Cap on Cross-Border Card Fees to Protect Businesses

Subheading The Payment Systems Regulator (PSR) proposes a price cap...

Hong Kong Unveils Roadmap for Sustainability Reporting to Lead Global Green Finance

Subheading Hong Kong's new roadmap mandates ISSB Standards for sustainability...

Standard Chartered Partners with Paxos for Stablecoin Reserve Management

Subheading: Enhancing Reserve Management Efficiency with Stablecoin Innovations from Paxos Highlights: ...

GoAuto Partners with One Inc to Revolutionize Insurance Payments

Subheading: Streamlining Digital Payment Solutions for the Insurance Industry with...

Nuvei Introduces Google Pay to Transform LATAM Payment Landscape

Subheading Expanding Digital Payment Solutions Across Latin America with Google...

First Abu Dhabi Bank Partners with Broadridge to Build Global Agency Securities Finance Business

Subheading First Abu Dhabi Bank collaborates with Broadridge Financial Solutions...

Proxymity and Citi Launch Vote Connect Global to Enhance Proxy Voting Efficiency

Subheading Proxymity collaborates with Citi Securities Services to launch Vote...
Exit mobile version