Grasshopper Bank has filed a notice of an exempt offering of securities to raise $16,500,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Grasshopper Bank is raising $16,500,000.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Michael Butler played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Grasshopper Bank
Grasshopper is a client-first digital bank serving small businesses, startups, and investors supporting them across the innovation economy. Our digital solutions cover small business, venture-backed companies, fintech-focused Banking-as-a-Service (BaaS) and commercial API banking platforms, SBA lending, commercial real estate lending, and yacht financing. Privately owned and headquartered in New York City, the bank is a Federal Deposit Insurance Corporation member and is an Equal Housing/Equal Opportunity Lender.
To learn more about Grasshopper Bank, visit http://grasshopper.bank/
Contact:
Michael Butler, President and Chief Executive Officer
917-830-2100
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