Grasshopper Bank: Opens for business

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Grasshopper Bank: Opens for business

  • Grasshopper Bank serve innovation economy companies and capital communities in New York and in other major US innovation economy centres
  • For its technology, the bank opted for Temenos’ T24 Transact core banking system
  • The Grasshopper private placement raised approximately $116.2 million, which followed an earlier seed round offering that raised $15 million
  • The bank claims its senior management team has over 200 years of experience in commercial banking and financial services
  • Grasshopper Bank will act as a partner with entrepreneurial companies, delivering digitally-driven, streamlined services