Insights

Rapid Funding Growth Relay Financial has demonstrated significant investor confidence with consecutive Series B funding rounds totaling over 51.6 million USD, indicating strong growth potential and a readiness to expand its product offerings and market reach.

Expanding Product Suite Recent launches of automated savings accounts and auto-transfer rules highlight Relay's focus on innovative cash management solutions, presenting opportunities to cross-sell complementary financial tools to small businesses seeking efficiency.

Strategic Partnerships Partnerships with Profit First Professionals showcase Relay's emphasis on profitability-centered financial management, suggesting potential for collaborations with financial advisors and profitability coaches to deepen market penetration.

Industry Positioning Operating within the competitive small business banking sector with strong features like multiple accounts and no fees, Relay appeals to cost-conscious entrepreneurs, creating opportunities to upsell premium services or integrations with financial APIs.

Market Trends Alignment Relay’s focus on automation and digital cash management aligns with current trends toward financial technology innovation, making it an ideal partner for firms offering SaaS integrations, digital banking, or API-based financial solutions to small businesses.

Relay Tech Stack

Relay uses 8 technology products and services including GDPR, Amazon S3, Apple iCloud Mail, and more. Explore Relay's tech stack below.

  • GDPR
    Certificates
  • Amazon S3
    Content Delivery Network
  • Apple iCloud Mail
    Email
  • libphonenumber
    Javascript Libraries
  • PyTorch
    Machine Learning
  • iOS
    Programming Languages
  • OWASP
    Security
  • Adobe Creative Suite
    Visualisation Software

Media & News

Relay's Email Address Formats

Relay uses at least 1 format(s):
Relay Email FormatsExamplePercentage
First@relayfi.comJohn@relayfi.com
64%
First.Last@relayfi.comJohn.Doe@relayfi.com
32%
Last@relayfi.comDoe@relayfi.com
2%
FirstLast@relayfi.comJohnDoe@relayfi.com
2%

Frequently Asked Questions

Where is Relay's headquarters located?

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Relay's main headquarters is located at 60 Adelaide Street East Toronto, Ontario m5c 3e4 Canada. The company has employees across 5 continents, including North AmericaEuropeAsia.

What is Relay's stock symbol?

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Relay is a publicly traded company; the company's stock symbol is RLAY.

What is Relay's official website and social media links?

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Relay's official website is relayfi.com and has social profiles on LinkedIn.

What is Relay's NAICS code?

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Relay's NAICS code is 52211 - Commercial Banking.

How many employees does Relay have currently?

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As of March 2026, Relay has approximately 331 employees across 5 continents, including North AmericaEuropeAsia. Key team members include Chief Financial Officer: D. J. V.Vp Of Engineering: P. S.Head Of Sales: N. P.. Explore Relay's employee directory with LeadIQ.

What industry does Relay belong to?

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Relay operates in the Banking industry.

What technology does Relay use?

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Relay's tech stack includes GDPRAmazon S3Apple iCloud MaillibphonenumberPyTorchiOSOWASPAdobe Creative Suite.

What is Relay's email format?

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Relay's email format typically follows the pattern of First@relayfi.com. Find more Relay email formats with LeadIQ.

How much funding has Relay raised to date?

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As of March 2026, Relay has raised $39M in funding. The last funding round occurred on May 13, 2021 for $15M.

When was Relay founded?

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Relay was founded in 2018.

Relay

BankingOntario, Canada201-500 Employees

Small business banking and money management tools to put you in complete control of what your business is earning, spending and saving. 

The official banking platform of Profit First. 

Bank with Relay for: 

✅ No fees or minimum balances that tie up cash flow
✅ Up to 20 checking accounts to organize income and expenses
✅ Spending management using 50 physical or virtual debit cards
✅ Payments and deposits via ACH transfers, checks and wires
✅ Secure, role-based access to team members and financial advisors
✅ Personalized customer support by email, phone or chat

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Relay is a financial technology company, not a bank. Banking services and FDIC insurance are provided through Thread Bank; Member FDIC. The Relay Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa® debit cards are accepted.

Section iconCompany Overview

Headquarters
60 Adelaide Street East Toronto, Ontario m5c 3e4 Canada
Stock Symbol
RLAY
NAICS Code
52211 - Commercial Banking
Founded
2018
Employees
201-500

Section iconFunding & Financials

  • $39M

    Relay has raised a total of $39M of funding over 3 rounds. Their latest funding round was raised on May 13, 2021 in the amount of $15Mas a funding.

  • $25M$50M

    Relay's revenue is estimated to be in the range of $25M$50M

Section iconFunding & Financials

  • $39M

    Relay has raised a total of $39M of funding over 3 rounds. Their latest funding round was raised on May 13, 2021 in the amount of $15Mas a funding.

  • $25M$50M

    Relay's revenue is estimated to be in the range of $25M$50M

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