Atlanta Georgia based Relay Payments is raising $60,000,000.00 in New Equity Investment.
Atlanta, GA – According to filings with the U.S. Securities and Exchange Commission, Relay Payments is raising $60,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ryan Droege played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Relay Payments
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 historically reliant on cash and checks to conduct business. Trusted to process more than 250,000 transactions every month, Relay is spearheading the modernization of payments, ensuring America continues to run during COVID-19 and well beyond. Relay works with the largest carriers, freight brokers, and 3PLs in the United States, ensuring their products quickly get to shelves for consumer consumption.
To learn more about Relay Payments, visit http://www.relaypayments.com/
Contact:
Ryan Droege, Chief Executive Officer
877-735-2910
https://www.linkedin.com/in/ryandroege/
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