Relay Financial secured Series B funding led by Bain Capital Ventures to revolutionize business banking.

Mar 03, 2024•almost 2 years ago

Round Type

series b

TorontoBankingFinancial Services

Investors

Bain Capital Ventures

Description

Toronto-based fintech startup, Relay Financial, closed a significant Series B round of financing with Bain Capital Ventures leading the round. This funding will fuel Relay Financial's strategic initiatives aimed at expanding its suite of financial tools and services, along with a partnership with Thread Bank to enhance its offerings.

Company Information

Company

Relay Financial Technologies Inc.

Location

2 BLOOR ST W SUITE 1730

Toronto, Ontario, Canada

About

Relay Financial is a Toronto-based fintech startup founded by innovators Paul Klicnik and Yoseph West. The company's mission is to simplify the complex world of business finance by offering an all-in-one platform for businesses to gain a clear understanding of their finances.

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns