Robora launches Robora Cash robo cash manager

Robora Financial launched product launch on November 19, 2024.

Primary

Robora Financial

Structure

product launch

Date

November 19, 2024

Sub-sector

Treasury / Cash Management

Robo cash manager democratizes high-yield FDIC-insured deposit accounts (4.15% APY) for mid-market and individual depositors, capturing estimated $325B in annual foregone interest.

Primary company

Robora Financial

Counterparty

Not disclosed

Amount

Not disclosed

Event date

November 19, 2024

Sub-sector

Treasury / Cash Management

HQ

Not disclosed

Structure

product launch

Source published

November 19, 2024

Publisher

PR Newswire

Source: tmcnet.com