## New Appointments Elevate Grasshopper’s Digital Banking Leadership
**New additions further enhance Grasshopper’s digital banking prowess, advancing its leadership in startup banking, embedded finance, and SMB lending**
**NEW YORK CITY, NY / ACCESSWIRE / September 11, 2024 /** [Grasshopper](https://pr.report/2gov), the client-first digital bank built for the business and innovation economy, has recently announced the addition of four key hires to its Digital Banking team.
### Reinforcing Innovation and Client Experience
These appointments underscore Grasshopper’s commitment to not only investing in cutting-edge technology but also in human capital to provide startups, financial technology (fintech), and small and medium-sized businesses (SMBs) with an outstanding digital banking experience.
**Chris Tremont**, Grasshopper’s Chief Digital Officer, stated, “We are excited to have these new team members join Grasshopper, which further strengthens our dedication to innovation and the client experience. Each brings unique and valuable expertise, and their leadership will be a key component to how we enhance our digital offerings for the innovation economy, expand our client base, and drive long-term growth.”
### Strengthening Ties with the Startup Ecosystem
**Rob Burnett** joins Grasshopper as Director of Startup Banking. In this role, he will oversee Grasshopper’s strategic initiatives to deliver innovative digital solutions for startups. Burnett, previously CEO of Netcapital Funding Portal and host of [The DadEO Podcast](https://pr.report/2gp0), is intimately familiar with the challenges startups face. His notable work with organizations like Techstars and Mercury Fund positions him as a key player in the entrepreneurial world.
### Expansion in Embedded Finance and Digital Payments
**Vince Peterson** assumes the role of Vice President of Embedded Finance. Bringing a robust background in fintech, banking, and digital payments, he will work alongside Grasshopper’s Senior Vice President and Head of Embedded Finance, **Lauren McCollom**. Previously an Account Executive at Treasury Prime, Peterson’s experience in strategic partnerships will be invaluable as Grasshopper continues innovating in the embedded finance space.
### Pioneering Fintech Solutions for Small Businesses
**Nate Gruendemann**, a seasoned fintech entrepreneur, joins as Product Manager. Gruendemann’s extensive experience as a fintech founder, having co-founded companies like Challenger Finance and Accept.inc, is expected to drive Grasshopper’s innovation further. His expertise in employee-centric financial solutions will be pivotal in Grasshopper’s growth and success with SMBs, startups, and venture capital-backed companies.
### Enhancing Digital Loan Services for SMBs
As an SMB/SBA Digital Loan Specialist, **Vince Magpayo** joins the dynamic team with a focus on driving strategic partnerships and elevating client experiences. Magpayo’s diverse background, including roles at Axos Bank and SoFi, positions him to significantly impact Grasshopper’s digital lending initiatives.
### Innovative Digital Solutions for Businesses
Grasshopper recently launched a digital application for [SBA 7(a) loans](https://pr.report/2gp1), streamlining the process for SMBs to get pre-qualified for an SBA 7(a) loan in less than 10 minutes. Additionally, borrowers gain access to Grasshopper’s award-winning [Innovator Product Suite](https://pr.report/2gp2) and [Accelerator Product Suite](https://pr.report/2gp3). Furthermore, Grasshopper’s [Embedded Finance](https://pr.report/2gp4) platform continues to support fintechs with seamless digital solutions, winning Best Use of Tech in Business Banking at the Banking Tech Awards USA earlier this year.
### Accelerating Digital Platform Evolution
With the expertise of its newly expanded team, Grasshopper is ready to propel the evolution of its digital platform, ensuring businesses within the innovation economy have access to the advanced financial tools they need to grow and thrive.
### About Grasshopper Bank
Grasshopper, with total assets of approximately $835 million, is a client-first digital bank. Its tailored suite of products and services serves small business, venture-backed companies, fintech-focused Banking-as-a-Service (BaaS), and commercial real estate lending. Headquartered in New York City, Grasshopper is a member of the Federal Deposit Insurance Corporation and an Equal Housing/Equal Opportunity Lender. For more details, visit [www.grasshopper.bank](https://pr.report/2gp6) or follow on [LinkedIn](https://pr.report/2gp7) and [Twitter](https://pr.report/2gp8).
### Media Contact:
Heather Valle-Theobald
Caliber Corporate Advisers
[email protected]
**SOURCE:** Grasshopper
