Grasshopper Launches Treasury Management Platform via Waldo Partnership

Grasshopper launched Grasshopper Treasury on Jun 9, 2026, a treasury management offering developed with Waldo, a US-regulated investment advisor. The product gives Grasshopper's business banking clients access to treasury portfolios directly through the bank's digital platform, with target yields of up to 5%. Clients can choose from options with varying yields, risk profiles, and tax-advantaged investment structures.

The offering is designed for scaling businesses that need to maximize returns on idle cash without sacrificing liquidity. Rob Burnett, Grasshopper's Director of Startup Banking, said the partnership with Waldo gives clients "a smarter way to put idle cash to work" while maintaining control over their funds. Financial terms of the partnership were not disclosed.