Relay

Relay is a US-based fintech company that builds a business banking and money management platform designed for small businesses. Its core product combines checking accounts, savings accounts, credit cards, and payment tools into a single platform aimed at giving small business owners greater visibility and control over their cash flow. The platform integrates with widely used accounting and payroll software - including QuickBooks Online, Xero, and Gusto - to automate financial data synchronisation.

The product suite includes no-fee checking accounts (up to 20 per customer), savings accounts earning up to 2.68% APY, cash-back credit cards, and payment capabilities spanning ACH transfers, checks, and wire transfers. Accounts are provided in partnership with Thread Bank (Member FDIC), with deposit insurance coverage of up to $3 million. Relay has grown to serve over 110,000 small business customers and holds more than $1 billion in deposits. The company is venture-backed, with investors including Bain Capital Ventures and Better Tomorrow Ventures.

On the technical side, Relay operates across several domains relevant to fintech engineering:

• Banking infrastructure and deposit products
• Payments processing (ACH, wire, check)
• Credit card issuance and rewards
• Financial management automation
• Third-party accounting and payroll integrations