Rho Technologies Raises $15M Series A & Introduces Accounts Payable to Rho Business Banking

Rho Technologies, the NYC-based fintech behind Rho Business Banking, today announced that it has raised a $15 million Series A round led by M13 Ventures with participation from Torch Capital, Inspired Capital and Rogue Capital alongside seasoned operators & angel investors Michael Vaughan, Stephen Sikes, Josh Stech and Eric Kinariwala. The company will use the proceeds to further expand their team-oriented commercial banking platform, starting with today’s launch of their integrated accounts payable platform.