Common questions
about Rho

Yes. Capital One completed the acquisition of Brex on April 7, 2026, for approximately $2.56 billion in cash plus Capital One stock — a total transaction value of $5.15 billion. Brex now operates as a division of Capital One. For founders currently using Brex, day-to-day operations continue, but the platform's product roadmap and strategic focus are now set within Capital One's broader enterprise and commercial banking priorities. Founders evaluating new platforms should factor in whether a bank-owned platform will stay aligned with early-stage startup needs over time.

As soon as the entity is legally formed. The earlier you establish a business banking relationship, the faster you build business credit history — which matters for future lending, vendor relationships, and corporate card limits. Opening a personal account before the business is formally incorporated creates accounting and tax complications that are expensive to untangle later.

It's worth considering if your cash balances exceed the FDIC limit at any single institution. However, many platforms now offer extended FDIC coverage through partner bank sweep networks — Rho provides up to $75M per entity — which eliminates the operational complexity of managing multiple banking relationships. If you choose a platform with extended coverage, splitting deposits may be unnecessary.

For most VC-backed startups at seed through Series B, the choice comes down to Mercury, Brex, and Rho. Mercury is common at seed stage for its simplicity and clean UX, and it has expanded into bill pay, expense reimbursements, and accounting integrations — though the more powerful features require paid plans. Brex is common at enterprise scale or for companies with global operations and distributed teams. Rho is built for the middle — startups that want AP automation, native ERP integrations, and treasury bundled at no platform fee, without paying per-user or per-feature as the team grows.

Standard FDIC insurance covers $250,000 per depositor per bank. After a seed or Series A raise, most startups hold well above that threshold — meaning the majority of their capital is uninsured under a basic account. Platforms like Rho (up to $75M via ADM partner network), Brex (up to $6M via 24 partner banks), and Meow (up to $125M) offer extended coverage through sweep networks. Look for a platform whose FDIC ceiling comfortably covers your expected cash position post-close.

Tech startups need: zero or low fees; FDIC coverage that scales with their cash balances post-raise; corporate cards with spend controls; AP automation and bill pay; native integrations with their accounting stack (QuickBooks, NetSuite, Sage Intacct); treasury tools to earn yield on idle cash; and responsive customer support reachable by phone. As they scale, multi-entity support and structured approval workflows become critical.

Fintech platforms are built on modern infrastructure and offer integrated financial tools — AP automation, spend controls, treasury management, and real-time accounting sync — that traditional banks don't offer. They typically have no monthly fees, no transaction limits, and faster onboarding. Traditional banks offer branch access, SBA lending, and established banking relationships, but at higher cost and with less automation.

For funded startups that need a fully integrated stack — checking, corporate cards, AP automation, and treasury in one platform — Rho is purpose-built for that use case, with zero platform fees and $75M in FDIC coverage. Rho also integrates with Stripe Atlas, allowing founders to open accounts and start earning treasury yield before their EIN arrives. Early-stage founders who only need basic checking may start with Mercury or Bluevine, but most find they need to switch as the company scales. Rho is built specifically for that transition — and unlike some competitors, it remains an independent platform focused on startup and growth-stage companies.

Rho makes money primarily through interchange fees on our corporate cards and interest income on deposits. There are no hidden fees or additional charges through our bank partnership.

The only fees we charge are on FX transfers and treasury management (15-60bps annually, based on our cost to provide those services). You can see full details on our pricing page and treasury page.

A founder should open a bank account when the startup is legally organized as a business entity. The sooner a founder opens a bank account, the faster they can build a banking relationship and a business credit history.

Yes. Many financial institutions now have systems that transfer bank balances to other FDIC-insured banks when the total balance in one bank is higher than the $250, 000 FDIC insurance limit.

Companies that spread deposits between multiple accounts are less risky if one bank has financial trouble.

The Washington Post explains that Silicon Valley Bank (SVB) is now owned by First Citizens Bank, which bought the deposits and branches out of bankruptcy after the March 2023 SVB collapse. Eighty-one percent of customers still have accounts at SVB.Most SVB customers now have multiple bank accounts and do not rely completely on SVBs management team. Many startup founders are spreading deposits between various banks to protect company assets.

This article points out that some banking options offer low-cost banking services and platforms, and others offer a limited number of integrations. Fees vary widely depending on the services offered.

Rho is the modern banking platform built for startups who need to move fast. Open banking, issue cards instantly, and start earning industry-leading yield on idle cash—all in minutes, not days. While other banks force you to patch together multiple tools or switch platforms as you scale, Rho gives you everything from day one: checking, cards, treasury, bill pay, and accounting automation in one connected system. You get the competitive rates and enterprise-grade infrastructure of a platform built for scale, with the responsive service of a team that actually cares. Set it up once, trust it as you grow, and never outgrow your banking stack.

Standard ACH transactions typically take 1-3 business days to process, while wire transfers are usually completed within the same day or the next business day.

To send an ACH or wire payment from your Rho account, you initiate the transfer through the Payments or Banking tab in your Rho dashboard. Settlement times vary by payment type and cut-off times. ACH transfers generally take same day if created before 2 pm ET for amounts under $1 million and otherwise 1–3 business days to complete. Standard ACH transactions are processed through the ACH network and timing reflects batch settlement. Domestic wire transfers initiated before 4:45 pm ET are typically received by the beneficiary the same business day; wires sent after that cut-off are usually delivered the next business day.

Settlement timing depends on the receiving bank’s policies and external network processing schedules. For more details on payment timing, see Rho’s payment settlement times documentation in the Help Center.

If you’re ready to get started, open a Rho account today.

Traditional banks charge wire transfer fees to cover operational costs and generate revenue from transaction processing. These fees typically range from $15-$50 per outgoing wire and $10-$15 for incoming wires. Banks also charge $0.20-$1.50 per ACH transfer or monthly service fees for ACH processing.

Rho eliminates these fees entirely. As a modern financial platform built on streamlined technology, Rho offers $0 domestic wire transfers and $0 ACH payments with no monthly minimums or hidden charges.

For businesses processing 100+ payments monthly, switching to Rho typically saves $5,000-$15,000 annually on transfer fees alone. You also gain automated vendor payment workflows, direct accounting integrations, and real-time payment visibility—all in one platform. Open a Rho account or explore pricing today.

ACH payments and wire transfers are processed through different payment networks, and banks may assign separate routing numbers to each to ensure transactions are handled correctly. Using the wrong routing number for a specific transaction type can result in delays or failed payments.

Yes. An ABA number, bank transit number, and routing number all refer to the same nine-digit identifier originally established by the American Bankers Association. These terms are often used interchangeably and are used to route payments such as direct deposits, ACH transfers, and bill payments to the correct financial institution.

Rho provides dedicated support for every client, while SVB support tiers vary by relationship size. Every Rho customer has a direct point of contact accessible via chat, email, or phone. SVB’s service model for smaller or early-stage accounts often relies on ticket-based systems and general support queues, which can lead to delays for growing teams that need speed.

Rho offers up to $75M in FDIC coverage through its network of over 400 FDIC-insured banks, while SVB offers the standard $250K FDIC coverage.

Rho offers $0 same-day ACH and bill pay, while SVB charges $5 per same-day ACH and a $10 monthly bill pay fee. Additionally, SVB charges $0.40 per bill pay item after the first 15 transactions. By eliminating these per-item costs, Rho allows scaling startups to automate vendor payments without the mounting transaction fees often associated with SVB’s legacy fee structure.

No, Rho provides up to 1.5% flat cashback on all spend, while SVB primarily offers points-based rewards through its Innovator Card. Rho’s rewards are liquid and credited directly to your account, whereas SVB’s points may require specific redemption categories or thresholds to achieve maximum value. Rho's model ensures a straightforward return without the need to manage complex portals or redemption tiers.

Rho provides banking, cards, bill pay, and expenses in one unified platform with no fees, whereas SVB relies on legacy tools and adds fees for basic services. While SVB often charges for essentials like same-day ACH, wires, and bill pay as separate add-ons, Rho integrates these capabilities into all-in-one dashboard with $0 platform or account fees.

You can open a Rho account and issue corporate cards in minutes, while HSBC’s onboarding process can take days or weeks due to rigid underwriting. Rho is built for the pace of the innovation economy, offering a digital-first application process that prioritizes speed and modern security, allowing founders to continue building and move money quickly.

Rho includes integrated Bill Pay and expense management at no extra cost, while HSBC requires third-party tools for these functions. Rho’s platform scans invoices, routes approvals, and syncs receipts directly to your ledger (NetSuite, QuickBooks, or Sage Intacct). HSBC is a traditional banking layer that lacks native, real-time expense automation, often requiring founders to pay for external software like Expensify or BILL.

Rho provides a dedicated account manager to every client at no additional cost, while HSBC reserves dedicated relationship managers for certain stages and balance tiers. Every Rho customer has a direct human point of contact from day one. HSBC’s service model for smaller or early-stage accounts often relies on general call centers and automated phone trees, which can lead to resolution delays.

Yes, Rho offers up to $75M in FDIC coverage through its network of over 400 FDIC-insured banks, while HSBC offers the standard $250K FDIC coverage.

Rho charges $0 monthly fees with no balance requirements, while HSBC charges $50 per month unless you maintain $75K–$100K+ in balances. Unlike HSBC, which requires high minimums or $5,000 in monthly direct deposits to waive maintenance fees, Rho provides its full suite of banking, cards, and automation to every client regardless of their current stage or cash position.

Chase is a traditional bank that requires third-party software for automation, while Rho includes AI-powered Bill Pay and expense management for free. Rho’s platform automatically scans invoices, routes approvals, and syncs receipts directly to your ledger. Chase users must manually reconcile statements or pay for external tools like BILL or Expensify to achieve the same level of automation.

Rho Treasury offers automated, competitive yield on idle cash with next-day liquidity, while Chase pays near-zero interest on most standard business checking accounts. Rho integrates treasury management directly into your operating flow, ensuring your cash earns a market-leading rate automatically.

Rho provides a dedicated human account manager to every client, while Chase does not include dedicated account managers and relies on phone trees and branch visits. Rho ensures that every business, regardless of size, has a direct point of contact for urgent wires and account issues.

Rho offers up to $75M in FDIC coverage through its network of over 400 FDIC-insured banks, whereas Chase provides the standard $250K limit.

Rho charges $0 in monthly platform fees and $0 for ACH and domestic wires, whereas Chase charges monthly service fees and transaction-based fees. While Chase offers ways to waive its $15-$95 monthly service fees through high minimum balances, Rho includes its entire suite of AP automation, expense management, and banking features with no account minimums or hidden transaction costs.

Rho provides integrated banking, treasury, cards, and AP all in one system, while BILL is a standalone software tool without native banking or treasury services. This allows Rho to offer automated yield on idle cash and free ACH and domestic wire fees.

Rho provides dedicated, 24/7 human support via chat, email, or phone, whereas BILL support is largely ticket-driven and notoriously slow. Every Rho client has a direct line to a human account manager to resolve urgent wire or card issues in minutes, avoiding the multi-day wait times often associated with BILL’s automated support queues.

Rho provides real-time policy enforcement and two-way accounting sync, while BILL often relies on one-way sync and budget-only controls. Rho’s native integrations for QuickBooks, NetSuite, and Sage Intacct capture enriched data, including receipts and GL codes, instantly. This prevents the manual data cleanup and reconciliation often required with BILL’s more limited accounting exports.

No, Rho has $0 platform and seat fees, whereas BILL charges between $45-$89 per user, per month for AP/AR features. Unlike BILL, which adds extra costs for procurement and per-seat access, Rho includes its entire suite of expense management, automated accounts payable, and banking tools at no additional cost to the client.

Rho offers up to 1.5% flat cashback on all spend, whereas BILL uses a points-based system with complex spend rules and delayed redemption. While BILL requires specific spending patterns and repayment schedules to maximize point value, Rho provides predictable, liquid capital that is credited directly to your account monthly without the need to manage rewards tiers or expiration dates.

Most businesses switch to Rho to eliminate manual accounting work and gain real-time visibility into their total cash position. While Amex is a powerful travel tool, Rho acts as a unified financial platform that connects your cards, banking, and AP directly to your books. This integrated approach can cut the time required for month-end close by up to 90%.

Rho provides a dedicated human account manager to every client, while Amex reserves its highest-tier support for large corporate or premium accounts. Every Rho customer can access 24/7 support via chat, email, or phone with average response times under one minute. Startups on standard Amex plans typically rely on general call centers and automated phone trees.

Rho provides direct-to-GL integrations with enriched data including receipts, tags, and vendors, while Amex is limited to bank feed only with less detailed data. Rho’s native integration features eliminate the need for manual data stitching that’s required to reconcile Amex statements at month-end. 

Rho provides advanced, real-time spend controls like merchant-specific limits, whereas Amex offers basic controls that often rely on manual post-purchase review. With Rho, you can issue unlimited virtual cards with preset rules that decline non-compliant transactions instantly. Amex is primarily a standalone card where policy enforcement typically happens manually during the accounting close.

Rho offers up to 1.5% flat cashback with no redemption restrictions, while Amex uses a points system where value varies significantly based on redemption. Rho’s flat-rate cashback provides predictable, liquid capital that can be reinvested directly into business operations.

Rho charges $0 in annual fees or per-user seat fees, whereas the Amex Business Platinum card charges $895 per year. While Amex provides travel-heavy statement credits to offset its cost, Rho provides institutional-grade corporate cards and banking with no subscription or platform fees for any client, allowing startups to scale without managing complex reward systems or hidden costs.

Rho Treasury provides automated, competitive yield with next-day liquidity, while Ramp’s cash management features are often gated behind paid tiers. Rho integrates treasury management directly into the operating account, allowing idle cash to earn yield automatically. Ramp users often need to upgrade to Plus or Enterprise plans to unlock similar high-value cash management tools.

Rho provides 24/7 live human support to every client, while Ramp restricts premium support to its higher-paid tiers. Rho ensures that every business, regardless of size, has access to a real human point of contact for urgent banking and card issues. Ramp users on the free plan often rely on automated help centers or general support queues.

Yes, Rho includes ERP integrations like QuickBooks, NetSuite, and Sage Intacct at no cost. Ramp includes basic accounting integrations in its free tier but requires users to upgrade to paid tiers in order to access more advanced features. 

Rho charges $0 in platform fees and includes all automation features for every client, while Ramp charges $15 per user per month for Ramp Plus and custom pricing for Enterprise tiers. Unlike Ramp, which gates advanced features like multi-entity support and global capabilities behind a per-user paywall, Rho includes all expense management, AP automation, and integration features at no additional platform or per-seat cost.

Rho offers up to 1.5% flat cashback on all spend, whereas Ramp offers a maximum of 1.5%. While Ramp provides a competitive rate, Rho’s higher cashback tier allows businesses to capture significantly more value on every dollar spent without the need for complex spending category restrictions.

Rho offers automated, competitive yield with daily liquidity, while Brex treasury often requires manual transfers. Rho’s treasury management is built directly into the operating account, ensuring idle cash earns a competitive rate automatically. Brex users often have to manually move funds between Vault and Checking to capture yield.

Rho provides a dedicated account manager to every client, whereas Brex reserves dedicated support for Enterprise-tier customers. This means Rho clients have a direct human point of contact for urgent wires and account issues, while standard Brex users primarily utilize automated help centers and general support queues, which can result in slower resolution times for growing businesses.

No, Rho includes expense management and ERP integrations for free, while Brex often requires a paid plan. To access advanced expense policies and integrations with NetSuite or Sage Intacct, Brex users typically must pay for a Premium ($12/user) or Enterprise plan. Rho provides these features at no additional platform or per-user cost.

Rho offers significantly higher security with up to $75M in FDIC coverage, compared to Brex’s $6M limit. Rho achieves this by partnering with a network of over 400 FDIC-insured banks and distributing funds across this network of banks. Brex partners with Column N.A., a smaller institution with under $1B in assets.

Rho provides up to 1.5% flat cashback on all spend, whereas Brex utilizes a points-based system worth approximately 0.6% to 1.2% in cash value. While Brex requires spending in specific categories (like travel or dining) to maximize points, Rho offers a simplified flat rate that ensures a predictable, high yield on every dollar spent without the need to manage complex rewards portals or point conversions.

Rho includes full, two-way accounting automation for all clients, while Mercury gates advanced NetSuite and recurring invoicing features behind its $35/month plan. Rho’s native integrations with NetSuite, QuickBooks, and Sage Intacct are designed to reduce month-end close time by up to 90% through automated receipt matching and GL coding, all provided at no additional platform cost.

Rho offers free expense reimbursements for an unlimited number of users, while Mercury requires a paid plan to reimburse more than five users. For growing teams, Mercury’s per-user restrictions create a growth tax, whereas Rho allows you to scale your team and your expense policies without increasing your software costs.

Rho provides a dedicated human account manager to every client at no cost, while Mercury charges $350/month for dedicated relationship support. Every Rho customer has a direct human point of contact available via chat, email, or phone. Standard Mercury users primarily rely on email-based support, which can lead to slower resolution times for urgent financial issues.

Rho offers up to $75M in FDIC coverage through its network of over 400 FDIC-insured banks, whereas Mercury provides up to $5M in coverage.

No, Rho has $0 platform fees for all features, while Mercury charges $35/month for Plus and $350/month for Pro tiers. Mercury’s paid plans are required to unlock advanced features like recurring invoices, dedicated support, and automated reimbursements for more than five users. Rho includes its entire suite of AP, expense management, and treasury tools for free for every client.

Rho offers up to 1.5% flat cashback on all card spend, while Mercury offers a maximum of 1.5% cashback. Unlike Mercury, which requires users to navigate specific spend rules to maximize points, Rho provides a predictable, liquid cash return that is credited directly to your account with no redemption thresholds or complex tiers.

Absolutely. Contact the Rho VC Partnerships team to customize these opportunities and introductions.

Up to $75M in FDIC insurance per entity. Your deposits are automatically spread across a network of more than 400 FDIC-insured banks, so each portion stays within the $250K limit. You get expanded protection without managing dozens of accounts yourself.

Yes. Savings works alongside Rho Checking so you can move funds instantly, maintain clean cash visibility, and use one platform for banking, spending, bill pay, treasury, and accounting.

Rho expands your FDIC coverage by partnering with The American Deposit Management Company (ADM). ADM places and manages your funds across a wide network of more than 400 FDIC and NCUA-insured institutions. Your balance is automatically distributed so no single allocation exceeds the $250K insurance limit at any institution.

You see one unified balance in Rho, while ADM handles the diversification in the background. This gives you seamless access to up to $75M in federal deposit insurance without opening or managing multiple accounts yourself.

Your fund gains exclusive invitations to premium, invite-only events specifically designed for VCs, LPs, and influential founders in the startup ecosystem. These carefully curated gatherings focus on facilitating meaningful discussion, networking with top-tier peers, and access to exclusive industry insights and opportunities. We host over 200 of these private events every year.

Rho’s VC partnerships team actively curates strategic introductions between investors, LPs, and high-caliber startup founders within our network. By thoroughly vetting and aligning opportunities based on investment criteria and mutual fit, we create targeted, value-driven connections that fuel successful partnerships.

Yes. Portfolio companies that qualify for our premium Rho Platinum tier benefit from dedicated account representatives and customer success personnel. These specialists proactively support companies, helping address specific needs and ensure frictionless banking experiences.

Rho provides highly personalized, human-centric support with 24/7 availability. Account holders receive direct, live assistance from experienced account specialists via phone, text, and email, in addition to powerful self-service tools and resources.

We can provide special promotions for portfolio companies and funds based on the fund size, focus, and location. Contact our team for more information.

Rho’s platform allows VCs to seamlessly manage and securely deploy funds directly to portfolio companies, centralizing transactions and providing transparent tracking from one intuitive dashboard.

Users can often onboard and begin using Rho’s banking solutions same-day.

The typical criteria for is to set up Rho as the central bank account used for processing payroll payments, and ensure business revenue flows through your Rho Checking account. This includes depositing and retaining at least 50% of your company’s assets at Rho.

Rho utilizes advanced cybersecurity and fraud protection strategies, which include multi-factor authentication, data encryption, secure transaction vetting procedures, ongoing monitoring for fraudulent activity, and regular security audits and assessments. Additionally, our team continuously monitors for security threats and deploys stringent measures to ensure financial data protection.

Yes, funds deposited with Rho are FDIC-insured up to $250,000 per depositor, per insured bank, for each account ownership category. Rho ensures customer deposits receive FDIC coverage through partnerships with reputable, fully insured banking institutions.

Rho employs bank-level security protocols and rigorous risk management practices to safeguard your funds and transactions. Our platform adheres to industry best practices and regulations, including strict compliance standards, continuous monitoring, robust encryption, two-factor authentication, and proactive fraud detection measures.

Securities in your Rho Treasury accounts custodied at Apex Clearing Corporation are covered by SIPC, up to $500,000 per customer, including up to $250,000 for cash. Visit the SIPC website for complete details.

Designed specifically for scaling startups, Rho offers strong cashback rates (1.5%), better yields, and dedicated support from day one—all without the subscription fees or minimum balances that eat into your runway.

Unlike starter banking solutions that you'll eventually outgrow, Rho provides enterprise-grade security through Webster Bank ($70B AUM) and advanced accounting automation that scale with your business from seed funding through Series A and beyond.

Clerky has two pricing plans, Pay Per Use and Company Lifetime Package. For the latest pricing and information, please see Clerky’s pricing information.

No, Clerky is a software company, not an attorney or a law firm. They provide software and self-help instructions at your specific direction.

Clerky specializes in Delaware C corporations, the standard for high-growth startups. Clerky has support for both regular Delaware C corporations as well as Delaware Public Benefit C corporations, for mission-oriented startups.

Clerky provides the fastest way to get startup legal paperwork done. When you use Clerky, you automatically receive expedited processing from Delaware. With this, incorporation typically takes 1 to 3 business days. After incorporating, there is additional legal paperwork that can be completed as quickly as you finalize the paperwork.  You’ll also need an EIN for your startup. Most founders with US taxpayer IDs will be able to get an EIN almost instantly online, while applying by fax takes longer. 

To learn more about the formation timeline at Clerky, check out Clerky’s help center.

Clerky is an online legal service that has served tens of thousands of top-tier startups, including DoorDash, Coinbase, Instacart, and more. Clerky is run by former startup attorneys from a top Silicon Valley law firm and focuses on helping startup founders complete their legal paperwork safely and correctly.

This offer is available to individuals or entities referring new customers to Rho and to new customers who are referred, subject to Rho's Terms of Service.

The referral incentive for the referrer will be processed upon successful qualification of the referred new Rho customer.
Referrers must submit an invoice to Rho to claim their reward.

The referral incentive for both the referrer and the referred client will be considered taxable income.Participants are advised to consult with a tax professional regarding the tax treatment of these benefits.

Rho reserves the right to modify or terminate this offer at any time without prior notice. This promotion cannot be combined with any other offer and is not transferable.

Rho reserves the right to revoke a promotional award and/or disqualify future eligibility for promotions if any abusive, fraudulent, or terms-violating activities are detected.

Rho Treasury is available for Rho clients that invest $100K or more (subject to compliance and partner review). Reach out to your Client Service representative to learn more.

Unlike many common types of small business cards or personal credit cards on the market today, Rho Cards have no annual fee, subscription fees, or per-card fees. Read about our pricing for more information. Rho reserves the right to charge a 3% late fee on a delinquent balance for up to six months, unless prohibited by law.

We prefer to give clients cash rewards via statement credits on qualifying business purchases that they can then use to run their business, improve cashflow, and avoid complicated point-based systems that often come with redemption restrictions and blackout dates.
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Some businesses prefer points-based rewards and travel benefits (think: airport lounge access) – and that’s okay! There are many great small business credit card options out there for intro card offers, business travel rewards, points, and other perks. We do offer a variety of perks through our partnerships, which you can read more about here.

No, that is not something we support right now.

Yes. You can easily tailor CSV exports to your needs. Just choose your date range, and select all of the attributes you would like included—such as Amount, Type, User, Status, Balance, and more.

That's the sweet spot. Rho Invoicing is built for founders who need to send professional invoices without setting up a dedicated invoicing tool.

Yes. You can send invoices from Rho and continue using your existing accounting software for bookkeeping.

When the payment lands in your Rho account, it gets matched to the right invoice automatically. No manual reconciliation.

No. Invoices are fully white-labeled with your logo and colors. Your customer sees your business, not ours.

ACH, domestic wire, international wire, or check. Pay-by-card is coming soon.

Yes. Invoicing is built into the Rho platform. If you don't bank with Rho yet, you can open an account in minutes and start invoicing the same day.

Yes. Invoicing is included for all Rho customers at no extra cost.

Puzzle doesn't currently support multi-entity natively. If you're consolidating across entities, Puzzle recommends using their "Join" feature. The Rho integration works within Puzzle's current entity structure.

Early access is available now through the waitlist. Full availability rolls out in April 2026.

We guide the transition so there are no duplicate transactions or disruptions. The onboarding process includes managing your existing Plaid connection and migrating you to the direct integration cleanly.

Mercury's integration is read-only. Brex covers cards and reimbursements but doesn't manage the full bill lifecycle. Ramp is a spend platform, not a bank, so you still need a separate banking integration for complete books. Rho covers banking, corporate cards, bill pay, treasury, and reimbursements in a single platform with a single integration. One connection, complete books.

Everything. ACH, wires, internal and external transfers, card expenses, bill payments, reimbursements, treasury activity (interest, dividends, unrealized gains/losses, fees), and refunds and reversals. Accrual events like reimbursement creation post as journal entries. Cash events like disbursements post as transactions.

Plaid strips out transaction metadata, limits which transaction types sync, and disables Rho's accounting automations. The direct integration fixes all three. You get full metadata (vendor names, memos, classes, projects, COA mappings), every transaction type (banking, cards, bill pay, treasury, reimbursements, refunds), and Rho's auto-categorization and sync rules working natively with Puzzle.