Grasshopper Bank vs Adept AI

About

Grasshopper Bank is a New York-based FDIC-insured digital business bank focused exclusively on serving venture-backed startups, small businesses, and private equity-backed companies with business banking products including checking accounts, savings, and lending. Grasshopper provides higher-yield business savings accounts than traditional banks, a business credit card, SBA loans, and venture debt facilities, accessed entirely through a modern digital interface without branch visits. The bank is designed for founders and CFOs who want the credibility and deposit insurance of a regulated bank with the digital experience of a fintech neobank. Grasshopper's relationship banking model pairs digital convenience with human bankers who understand startup financial needs, offering a middle path between Silicon Valley Bank's relationship model and purely automated neobanks. Founded in 2019, Grasshopper gained regulatory approval as a de novo bank and has grown its deposit base. It competes with Mercury, Brex, and Relay in the digital business banking market for startups and SMBs.