Company profile: Relay Financial
1.1 - Company Overview
Company description
- Provider of an all-in-one, collaborative business banking and money management platform for small businesses, enabling teams to take control of cash flow and gain clarity on earnings, spending, and saving, with banking that has no monthly account fees, no overdraft fees, and no minimum balance required.
Products and services
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Key contacts
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Financial details
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1.2 - Competitors and similar companies to Relay Financial
Solid
HQ: United States
Website
- Description: Provider of an embedded FinTech platform enabling banks and companies to offer banking, payments, and card products with built-in compliance and security. Solutions include compliance management for due diligence, onboarding, and monitoring; programmatic account opening; payments (ACH, wire, check); physical and virtual card issuance; and transaction-level reconciliation.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Dinara
HQ: United States
Website
- Description: Provider of enterprise banking services integrating crypto and fiat assets through an integrated platform enabling enterprises to hold and transact both crypto and fiat securely, simply, and quickly.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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DocFox
HQ: United States
Website
- Description: Provider of a digital account opening and ongoing management tool for business banking in community banks, credit unions, and commercial banks, offering automated business account opening for complex entities, document analysis and compliance verification, ID&V and business data plugins, and integrations with cores, document storage, and CRMs to streamline operations.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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BusinessForensics
HQ: The Netherlands
Website
- Description: Provider of real-time risk management, fraud and financial crime prevention and cyber security for global enterprises and the financial industry, offering a forensic platform for real-time big data analysis of network transactions, forensic analysis, fraud management and machine learning to discover risks and take immediate measures.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full BusinessForensics company profile →
Aspiration
HQ: United States
Website
- Description: Provider of retail banking and investing services and carbon reduction solutions that help consumers and enterprises become carbon neutral by embedding climate action in everyday activities. Offerings include green checking and high-yield savings, a premium account, a climate-friendly rewards marketplace, and tree-planting round-ups.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Aspiration company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Relay Financial
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Buyer group 2: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Relay Financial
2.2 - Growth funds investing in similar companies to Relay Financial
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4 - Top valuation comps for Relay Financial
4.2 - Public trading comparable groups for Relay Financial
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