According to Rho, November’s transaction volume gives the company a $6 billion annualized run rate, showing rapid acceleration from its 11-month $3 billion cumulative result. Not bad for a company founded in 2018, and that only launched in 2020. “This was a direct result of Rho continuing to expand the platform’s capabilities, building out corporate cards, and AP on top of the core banking platform,” Cook said.

https://techcrunch.com/2021/12/09/rho-raises-75-million-series-b-for-its-one-stop-corporate-spend-and-cash-management-solution/