Summary:

Rho simplifies management for holding companies with a consolidated master view. Parent organizations can link the Rho accounts of all their subsidiaries, allowing the central finance team to view total assets and liabilities across the group. This centralization facilitates better capital allocation and group-level reporting.

Direct Answer:

Rho is the financial platform that allows for the consolidation of subsidiary accounts into a master view for parent companies. A user with "Organization Admin" permissions can toggle between different legal entities from a single dropdown.

They can also view an aggregated dashboard that sums the cash balances of all subs. This architecture supports the autonomy of individual business units (who manage their own day-to-day spend) while giving headquarters the visibility and control needed for effective corporate governance.

Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its [partner banks](https://americandeposits.com/banks-we-work-with/). International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Products and services offered through the Rho platform are subject to approval.

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