Grasshopper Bank is a nationally chartered, FDIC-member digital bank founded in 2019 in New York, offering banking, lending and API-based Banking-as-a-Service to startups, small businesses and investors.
Grasshopper Bank is a full-service digital bank founded in 2019 and headquartered in New York City. Nationally chartered and an FDIC member, it serves the innovation economy with technology-driven, solutions-focused financial products, and is privately owned. Its offering spans small business checking and savings, startup banking, and banking services for venture capital and private equity firms, alongside lending products including SBA lending, commercial real estate lending and yacht financing.
The bank's technical work centres on digital banking platforms, API banking and Banking-as-a-Service (BaaS), which enables embedded banking capabilities for partners. Its BaaS offering has been recognised for Banking-as-a-Service Innovation, and the bank has received multiple technology implementation awards, among them Banking Tech of the Year. An API-based platform underpins programmatic and integrated financial services, while customer support is delivered through digital-first channels: phone, chat, text and email.
Grasshopper Bank is named after the computer scientist and US Navy Rear Admiral Grace Hopper, a reference to its commitment to technological innovation. The company describes a client-first philosophy and a digital-first approach that allows the team remote-first autonomy, with the tagline "Only Forward". It is an Equal Housing and Equal Opportunity Lender.
