description Relay Overview
Relay is a sophisticated online banking platform designed specifically for startups and small businesses. It offers unique features like multi-user access, allowing business owners to give team members specific permissions over certain accounts or cards. Relay excels in its ability to automate complex workflows, such as recurring payments and automated transfers between different 'buckets' of money, making it a powerhouse for growing companies.
help Relay FAQ
Is Relay itself a bank?
Relay is a financial technology company, not a chartered bank. Its banking services are provided through partner banks such as Thread Bank, Member FDIC.
Why do small businesses use Relay instead of one normal checking account?
Relay is built around separating cash into multiple business checking accounts for things like payroll, taxes, operating expenses, and profit. That setup is useful for owners using envelope-style cash management or Profit First workflows.
Can a bookkeeper or team member get access to Relay?
Yes, Relay supports multi-user access with permission controls, so an owner can invite a bookkeeper or employee without handing over the main login. That is one of its core differences from many basic small-business bank accounts.
Does Relay have a paid plan?
Relay has offered a free core plan and a paid Relay Pro plan with extra features such as faster payments and advanced bill pay. Pricing can change, but Relay Pro has commonly been advertised around $30 per month.
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