Case Study: Grasshopper Bank boosts small business banking growth with Autobooks

Grasshopper Bank launches small business banking with Autobooks as assets near $300 million

Grasshopper Bank, a digital bank focused on small businesses and startups, sought a technology partner to help disrupt the small business market and provide its clients with superior integrated tools. Their challenge was to offer a seamless digital banking experience that could help small businesses manage their day-to-day operations efficiently. To meet this need, they partnered with vendor Autobooks to integrate its accounting and payment solutions.

The solution implemented by Autobooks provided digital invoicing and payment acceptance as standard features within Grasshopper's all-digital business checking account, with an option for clients to add on the full Autobooks experience. This integration, powered by Autobooks, helped differentiate the bank's cornerstone product and contributed to a significant increase in approved applications for their deposit accounts.

Grasshopper Bank