The $305 million-asset bank is working with Treasure Financial,
a fintech that provides automated cash management solutions for growing
businesses. The partnership is designed to support Treasure’s treasury
management offering and help Grasshopper deepen ties to small and midsize
businesses.
Treasure said in a press release that the companies are exploring
ways to offer its solution to Grasshopper clients.
“Treasure is the leader in treasury management as a service that
keeps building, offering and strengthening their product, and we’re excited to
partner with them,” Mike Butler, Grasshopper’s CEO, said in the release.
“We believe in their business model and look forward to helping
them achieve their growth goals,” Butler added. “We also have a strong
alignment in terms of the markets we serve, so being able to offer this type of
platform to our clients in the future will be another great win.”
Treasure is planning on announcing more products in the
second half of 2022.
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