Relay

Relay is a dynamic player in the Fintech landscape, focusing on empowering small businesses through effective banking and money management solutions. Founded in 2018, the company operates from Canada and stands as the official banking platform of Profit First.

The startup offers tools designed to grant businesses complete control over their financial flows. Key features include up to 20 checking accounts for precise income and expense management, and the issuance of 50 physical or virtual debit cards to streamline spending. This is supplemented by role-based secure access for team members, enhancing both accessibility and security.

Backing by esteemed investors like Bain Capital Ventures, Better Tomorrow Ventures, and Industry Ventures, Relay recently secured a $32.20M Series B investment as of May 2024. Its ability to provide personalized support and seamless banking services via Thread Bank positions it well to scale and meet the demands of modern small businesses.