Relay, the business banking platform that gives cash flow clarity to small businesses (SMBs), has secured $32.2 million in Series B funding in a round led by Bain Capital Ventures, bringing its total funding to date up to $51.6 million. The funding will accelerate product development in spend management, smart credit products, and a financial API marketplace, advancing Relay’s goal of delivering AI-powered predictive cash flow analytics to small businesses.
Relay Raises US$32.2 Million Series B to Solve the #1 Challenge Facing Small Businesses