Tech Company Financing Transactions
Relay Payments Funding Round
Relay Payments closed a $43 million financing round on 1/13/2021. Backers included Ribbit Capital, Spark Capital and private investors.
Transaction Overview
Company Name
Announced On
1/13/2021
Transaction Type
Venture Equity
Amount
$43,000,000
Round
Undisclosed
Investors
Ribbit Capital (Lead Investor)
Spark Capital (Lead Investor)
Proceeds Purpose
The recent funding will be used to accelerate growth, develop new products, and expand the Relay team - including a new headquarters in Atlanta.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
800 Battery Ave. Southeast
Atlanta, GA 30339
USA
Atlanta, GA 30339
USA
Phone
Website
Email Address
Overview
Relay Payments is a venture-backed fintech company building an electronic payment network in the transportation, logistics, and supply chain industries. The company creates value for its customers and partners by providing direct, instant payments in an industry heavily reliant on cash and checks to conduct day-to-day business.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ryan Droege
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