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Enter Self Lender , an Austin, TX-based startup with $17 million in funding. Self Lender’s bank partners, put aside the total of all the monthly payments into an FDIC deposit account. Initially, Self Lender’s initial banking partner (June 2015 press release ) was Austin Capital Bank.
Rho has positioned itself for the more sophisticated business touting its $75M in deposit insurance (via a network of FDIC-insured banks), QuickBooks integration, accounts payable tools (ala Bill.com), low-cost FX and global transfers and even access to venture debt providers. Which is a bit of a problem from a marketing UX standpoint.
Rho has positioned itself for the more sophisticated business touting its $75M in deposit insurance (via a network of FDIC-insured banks), QuickBooks integration, accounts payable tools (ala Bill.com), low-cost FX and global transfers and even access to venture debt providers. Which is a bit of a problem from a marketing UX standpoint.
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