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
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Universal Launches UAE’s First Central Bank Registered Stablecoin

The new digital currency aims to enhance financial transactions in the UAE.Highlights: Universal launched the UAE's first Central...

Mastercard Launches BIN Sponsorship Programme for UK Fintechs

New initiative aims to support fintech innovation in the UK market.Highlights: Mastercard unveils BIN sponsorship programme for UK...

UAE Central Bank Trials Palm Payments, Amazon Abandons Technology

UAE's innovative palm payment trials contrast with Amazon's decision to discontinue similar tech.Highlights: UAE Central Bank begins trials...

Checkout.com Acquires Euro Stablecoin Issuer Blue for Expansion

The acquisition strengthens Checkout.com’s capabilities in the stablecoin market.Highlights: Checkout.com has acquired Blue, a euro stablecoin issuer.The acquisition...