Relay is turbocharged banking for small business. Open an account in minutes, issue corporate cards in seconds and automate your bookkeeping.
Location: Canada, Ontario, Toronto
Employees: 11-50
Total raised: $51.6M
Founded date: 2018
Investors 6
| Date | Name | Website |
| 14.05.2021 | Bain Capit... | baincapita... |
| - | Garage Cap... | garage.vc |
| - | Panache Ve... | panache.vc |
| - | Better Tom... | btv.vc |
| - | Tapestry V... | tapestry.v... |
| - | Recall Cap... | recall.cap... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 10.06.2024 | Series B | $32.2M | - |
| 13.05.2021 | - | $19.4M | - |
Mentions in press and media 18
| Date | Title | Description |
| 22.10.2024 | Mercury Bank Review (2024): Is Mercury a Trusted Bank? | Mercury Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust ®️; Members FDIC. Deposit insurance covers the failure of an insured bank. is a financial techno... |
| 07.10.2024 | 8 Best Banks for ECommerce Businesses in 2024 | For eCommerce businesses to thrive, they need financial providers that offer cost-effective business checking accounts that integrate with popular eCommerce platforms. Business services that provide seamless payment for customers and vendor... |
| 27.09.2024 | The 10 Best Online Business Bank Accounts Reviewed for 2024 | You can open an account online with many traditional banks, but online-only banks still gain an edge for their attractive interest rates and little to non-existent banking fees. Apart from generous yields and low fees, the best online busin... |
| 04.09.2024 | The 10 Best Banks That Integrate With QuickBooks in 2024 | Finding a bank that offers seamless integration with QuickBooks is crucial for small business owners who use this software for bookkeeping. It saves great time and effort from manually adding accounting information and reduces errors. Many ... |
| 16.08.2024 | The Cash Flow Conundrum: Small Businesses Struggle with Overconfidence | In the bustling world of small businesses, cash flow is the lifeblood. Yet, a recent survey reveals a troubling trend: many owners are overconfident in their financial management. The "Cash Flow Compass" report by Relay paints a s... |
| 14.08.2024 | New Relay 'Cash Flow Compass' Uncovers Small Businesses Are 42% Overconfident in their Cash Flow Control | 95% of owners make business spending decisions based on a partial view of their cash flow 66% admit cash flow challenges cause persistent stress or anxiety, burnout, and lack of sleep The Cash Flow Compass breaks the mold of traditional sma... |
| 30.07.2024 | The Shifting Landscape of Lafayette: Bank Closures and New Beginnings | Lafayette, Colorado, is a town in transition. The winds of change are blowing through its streets, bringing both challenges and opportunities. Recent announcements about the closure of Chase Bank branches and King Soopers locations signal a... |
| 29.07.2024 | How to Open a Business Bank Account in 2024 | Opening a business bank account will help your business keep its finances organized, while also adding a professional touch to your business operations. While it may seem like a daunting task, it’s really as easy as gathering the necessary ... |
| 10.06.2024 | Relay: Business Banking Platform Company Raises $32.2 Million | Relay, a business banking platform that provides small businesses (SMBs) with cash flow clarity, announced the closing of a US$32.2 million Series B financing round, led by Bain Capital Ventures. This brings Relay’s total funding to $51.6 m... |
| 30.05.2024 | Relay Secures $32.2 Million in Series B Funding to Transform Business Banking | In a groundbreaking move, Relay, a cutting-edge business banking platform based in Toronto, Canada, has successfully raised an impressive $32.2 million in Series B funding. This significant investment, spearheaded by Bain Capital Ventures, ... |
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