GlepRho

Glep vs. Rho

Rho is business banking and spend management for startups and companies with a finance team. Glep is banking, cards and spend management built for businesses that own and operate real estate.

Features: Glep compared with Rho

Real estate & entities

Multi-entity management

Every LLC from one login, funds and records separated per entity

Offered
OfferedMultiple entities in one interface

Account per LLC, sub-account per property

Each with its own routing and account number, so deposits, draws and reserves never mix

Offered
Not listedMultiple checking accounts; per-property sub-accounts not listed

Property-level tracking

Every card purchase, ACH, wire and RTP payment tagged to a property, deal or unit as it happens

Offered
Not listedBy client or job code

Aida deal analysis

Rehab cost, ARV, NOI, purchase price, red flags and an offer letter from an address

Offered
Not listedNot offered

Aida on transactions

Categorizes every transaction, matches receipts, flags unusual charges, answers questions by property

Offered
Not listedExpense automation; AI not detailed

Team access scoped per entity

Custom roles and entity-level visibility, included free

Offered
OfferedRoles and approval flows

Banking & spend

Business banking

Checking and savings through Core Bank, Member FDIC

Offered
OfferedVia Webster Bank, N.A.

Unlimited cards

Physical and virtual Visa cards with daily, weekly or monthly limits, merchant locks, freeze and terminate

Offered
OfferedMastercard charge cards with merchant restrictions

Contractor cards with a hard cap

The card stops working when the project budget is spent

Offered
Not listedCards for the team; project cap not listed

Approvals and expense policies

Approval workflows, parallel approvers and receipt rules, included free

Offered
OfferedMulti-level; point-of-sale declines

Same-day ACH, wires, RTP and FedNow at $0

From the same platform where the spend is tracked

Offered
Offered$0 ACH and wires, USD international included

Mobile app

Issue, freeze and terminate cards, capture receipts and approve spend from the job site

Offered
OfferedRho mobile app

Pricing

Free, no per-user fee

$0 monthly fee, no credit card to start. 3% FX fee on international card transactions

Offered
Offered$0 platform and per-user fees; 2% on foreign-currency card spend

Rho is a trademark of Under Technologies, Inc., doing business as Rho Technologies. Rho features and fees are as published at rho.co on September 24, 2026 and are subject to change.

Why real estate businesses choose Glep

What changes when the platform is built around properties, deals and LLCs.

Get started with Glep

Enter an address and Aida estimates rehab cost, ARV and NOI, recommends a price, flags red flags and drafts the offer. After closing, Aida categorizes every transaction, tags it to the property and matches the receipt to the vendor, job and GL code. Rho automates expenses and payables; it has no view of a deal.

On Rho, a card transaction can carry a client or job code. On Glep, every property has a sub-account with its own account number under its LLC, and every card purchase, ACH, wire and RTP payment is tagged to the property, deal or unit as it happens. Reserves, draws and expenses sit in the account that owns them.

A card per contractor or project with a hard budget cap that stops the card when the budget is spent. Limits by day, week or month, merchant locks, freeze and terminate from the mobile app, and team access scoped per entity so the site super sees their building and nothing else.

A project budget in Glep showing spend against the cap and the transactions behind it

Further comparisons with Rho and other alternatives to it

Ramp

Glep vs Ramp

Ramp is a spend platform for finance teams at companies of every kind. See how Glep compares.

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Mercury

Glep vs Mercury

Mercury is business banking for startups and, per its own site, real estate and construction companies. See how Glep compares.

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Brex

Glep vs Brex

Brex is a corporate card and spend platform for startups and growing companies, part of Capital One since April 2026. See how Glep compares.

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Frequently asked questions about Glep and Rho

Rho is business banking and spend management for startups and companies with finance teams, with corporate cards, expense management and AP automation and no platform fees. Glep is banking, cards and spend management for real estate businesses. Every LLC gets its own account and every property its own sub-account with a unique account number, Aida tags every transaction to a property or deal as it happens and analyzes deals before you buy them, and contractor cards carry hard budget caps. Glep is free, with a 3% FX fee on international card transactions.

Both have no platform or per-user fees. Rho lists $0 same-day ACH, domestic wires and USD international wires, a 0.5% FX fee on most currencies and a 1% surcharge on international card transactions plus 1% for foreign currency, as published on rho.co/pricing on September 23, 2026. Glep is $0 with no monthly fee, $0 ACH and domestic wires, and a 3% FX fee on international card transactions. The difference is not the price; it is whether the platform understands properties, deals and LLCs.

Rho supports multiple entities in one interface. Glep does the same and adds the property layer underneath each entity: a sub-account per property with its own account number, transactions tagged to the property or unit as they happen, and team access scoped per entity.

Yes. The card's ceiling is the project's budget and it declines past it, with merchant locks and a freeze from your phone. Rho issues Mastercard charge cards with merchant restrictions and point-of-sale declines for the team, but a project-level cap is not listed, so the control is per card rather than per project.

Glep works upstream of your ledger. Transactions arrive categorized and tagged by property, so whichever system your accountant uses receives clean data, and you keep the software you already have. Rho lists a direct QuickBooks Online integration.

You can keep the Rho account open. Open a Glep account online with your US business entity and EIN, add each LLC, open a sub-account per property and issue cards from the dashboard or the app. Rho charges no platform or per-user fees either, so the move is about structure: per-property sub-accounts with their own account numbers, tagging at the point of spend, and contractor cards capped to a project, none of which Rho lists. Start with one deal.

If your business is a set of properties held in a set of entities, Glep is built around that structure: an account per LLC, a sub-account per property, Aida tagging every transaction to the property it belongs to, and contractor cards that stop at the budget. Contractors and developers get the same structure for projects, draws and crews. If your business is outside real estate but runs money across several entities, projects or vendors, Glep gives you multi-entity management, entity-scoped team access, sub-accounts with unique account numbers, approval workflows and unlimited cards on a free plan, with a mobile app your field team can run spend from. Start with one property or one project and move the rest on your own schedule; there is no contract and no lock-in.