Compare Invoice2go and Rho on pricing, features, platforms, and ratings — both Finance tools, Subscription vs Free business banking and corporate cards with…
At a Glance
Invoice2go
Rho
Primary category
Finance
Finance
Rating
Not documented
Not documented
Pricing model
Subscription
Free business banking and corporate cards with no subscription or per-user fees; Rho Treasury charges an assets-under-management-based fee.
Starting price
$5.99/month
Free (no monthly subscription fees for core banking and cards)
Free plan
Not documented
Yes
Free trial
Yes
Not documented
Platforms
Web, iOS, Android
Web
Team collaboration
Not documented
Not documented
AI features
Not documented
Not documented
Public API
Not documented
Not documented
Pricing Compared
Starting price reflects the lowest paid tier, not the full cost for every team size or usage level.
Invoice2go
Starter — $5.99/month monthly
Professional — $9.99/month monthly
Premium — $39.99/month monthly
Rho
Rho Business (Core Banking and Cards) — $0/month n/a (no subscription fee)
Rho Treasury — Tiered management fee: approximately 0.15% annually for deposits of $20M+ up to approximately 0.6% for deposits under $2M annual (asset-based fee)
Pros & Cons
Invoice2go
Pros
Purpose-built for mobile invoicing on the go
Multiple payment methods with decreasing card fees on higher tiers
Integrates with QuickBooks and Xero for accounting sync
30-day free trial with money-back guarantee on all plans
Backed by BILL, a larger, established financial operations company
Cons
Starter and Professional plans cap the number of invoices per year
Card payment fees (2.9%-3.5%) are on top of the subscription cost
Phone support only available on the top Premium tier
Now a subsidiary product rather than an independent company, which can mean shifting roadmap priorities
Rho
Pros
No monthly subscription or per-user fees for core banking and cards
Corporate cards earn up to 1.5% cash back with no annual fee
High FDIC sweep coverage of up to $75 million via Rho Treasury
Combines banking, AP automation, and expense management in one platform
Backed by well-known venture investors with roughly $235 million raised
24/7 customer support included
Cons
Rho Treasury charges an AUM-based management fee for higher-yield cash management
Not a chartered bank itself; relies on partner bank infrastructure
No lending, credit card, or investment products offered
Detailed company headcount is not well publicized
Advanced automation features are reserved for the top Scale tier
Primarily built for US-based companies
Use Cases
Invoice2go
On-site invoicing for contractors — Create and send invoices immediately after completing a job using a phone.
Freelance client billing — Send professional invoices and estimates and accept online payment from clients.
Small business expense tracking — Track expenses and billable hours alongside invoicing.
Rho
Venture-backed startups managing runway — Startups use Rho's fee-free checking and corporate cards to manage day-to-day spend and preserve cash runway.
Scale-ups automating AP and expense workflows — Growing companies consolidate bill pay, expense management, and approval workflows on one platform.
Companies seeking higher FDIC coverage on cash — Businesses with larger cash balances use Rho Treasury for higher-yield management and expanded FDIC sweep coverage.