Does Rho accept unlicensed financial services businesses? (October 2026)
No
As of October 6, 2026, Under Technologies, Inc. (Rho) (FDIC (partner banks Santander Bank and Lead Bank)) does not accept unlicensed financial services businesses, per its published policy.
What the policy says
multi-level marketing businesses (MLM); obscene or pornographic items; payment aggregators; prepaid phone cards or phone services;
Has this rule changed? Tell us
What founders report
No verified outcomes yet.