Insights

Financial Technology Niche Relay operates within the small business banking and money management sector, offering comprehensive tools for income and expense organization, spending control, and team access. This positions the company as a potential partner for SaaS providers or fintech solutions targeting small to medium-sized enterprises.

Growth and Funding With current revenue between 25M and 50M and a strategic funding of 39M, Relay shows steady growth and investment potential, indicating opportunities for financial service providers and investors to offer complementary financial products or services to support scaling efforts.

Market Expansion Opportunities Relay’s recent focus on advanced payment functionalities, multiple checking accounts, and role-based access suggests opportunities to cross-sell accounting, compliance, or customer engagement tools tailored for small businesses looking to streamline their financial operations.

Technology Stack Insight Utilizing robust tech like GDPR, AWS, and PyTorch, Relay demonstrates a commitment to security and innovative tech adoption. This opens doors for cybersecurity firms, cloud service providers, and AI solution vendors to collaborate and enhance Relay’s security or analytics capabilities.

Strategic Alliances and Competition Relay’s comparison to competitors like Lyft, Uber, and Lime, which excel in mobility services but show varied revenue profiles, highlights an opportunity to leverage its fintech positioning by forming alliances with other fintech or banking service providers to expand functionalities or increase customer reach.

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
63%
First.Last@relayfi.comJohn.Doe@relayfi.com
33%
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 April 2026, Relay has approximately 341 employees across 5 continents, including North AmericaEuropeAsia. Key team members include Chief Financial Officer: D. J. V.Vp Of Engineering: P. S.Vp Risk: M. G.. 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 April 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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