Tech

Treasure Financial and Grasshopper Bank Collaborate for New Platform

Treasure Financial, a California-based business-to-business (B2B) fintech, has collaborated with start-ups Grasshopper Bank To provide a new financial management platform that allows businesses to optimize the rates they generate on their cash balances.

Treasure Financial and Grasshopper Bank Work Together to Improve Corporate Financial Visibility

Founded in New York in 2019 and named after Grace Hopper, a computer scientist and US Navy Admiral, Grasshopper Bank now has total assets of around $ 500 million.

Its banking solutions cover SMEs, venture backers, banking (BaaS) and commercial API banking platforms as a FinTech-focused service, SME lending, commercial real estate lending, and yacht lending. ..

Treasure provides an automated cash management solution for growing businesses.

The new partnership will give Treasure clients access to the Federal Deposit Insurance Corporation’s (FDIC) insured deposit products and payment capabilities by leveraging Grasshopper’s BaaS platform.

Treasure says the two companies are working together “to ensure that all companies have access to the same types of financial services as large companies.”

They also appreciate providing treasure solutions to Grasshopper clients in the future.



Treasure Financial and Grasshopper Bank Collaborate for New Platform

Source link Treasure Financial and Grasshopper Bank Collaborate for New Platform

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