$300 Million
New York, New York
Mike Butler, President & CEO
LinkedIn
Grasshopper began operations in 2019 and is a client-first digital bank serving small businesses, startups, and investors supporting them across the innovation economy. Our digital solutions cover small business, venture-backed companies, fintech-focused Banking-as-a-Service (BaaS) and commercial API banking platforms, SBA lending, commercial real estate lending, and yacht financing. Privately owned and headquartered in New York City, the bank is a Federal Deposit Insurance Corporation member and held just under $300 million in total assets (as of December 2021). Grasshopper Bank was named after the famed computer scientist and US Navy rear admiral Grace Hopper and our tagline “Only Forward” pays homage to the grasshopper, who can only jump forward.