Relay Raises $50M Growth Capital
Relay raises $50M in growth capital led by General Catalyst to accelerate customer acquisition for its small business banking and management platform.
Relay Raises $50M Growth Capital
Relay, a New York-based fintech company providing a small business banking and money management platform, has secured $50 million in growth financing.
Investors
The funding round was led by General Catalyst through its Customer Value Fund.
Relay Use of Funds
Relay plans to use the capital to accelerate customer acquisition and continue investment in product innovation to enhance its financial command center for small business owners.
About Relay
Relay is a fintech company that provides digital banking and money management solutions for small businesses. Its platform integrates banking, expense management, bill payments, invoicing, corporate cards, and financing tools into a single system designed to improve cash flow visibility and financial decision-making. Relay serves more than 150,000 small businesses and manages over $1.3 billion in customer deposits through its banking partner, Thread Bank.
Funding Details
Company Website: https://relayfi.com
Company: Relay
Raised: $50M
Round: Growth Capital
Funding Date: May 19, 2026
Lead Investor: General Catalyst
Company Website: https://www.relayfi.com
Software Category: Fintech
Source: https://www.prnewswire.com/news-releases/relay-secures-50-million-in-financing-to-build-the-small-business-financial-command-center-302773877.html
