Relay Payments
Digital payment platform for the trucking and logistics industries
Company facts
- Founded
- 2019
- Employees
- 150
- Headquarters
- United States
- CEO
- Ryan Droege
- Type
- Private
- Funding
- Series C · $44.7M · 2021
About
Relay Payments is an innovative fintech company based in Atlanta, Georgia, established in 2019. What began as a small initiative has transformed into a pioneering digital payment network specifically designed for the transportation, logistics, and supply chain industries. Relay Payments is dedicated to modernizing the financial transactions of a sector that has historically relied on cash, checks, and traditional card methods. Today, the platform connects over 300,000 carriers and drivers, facilitating seamless, secure, and efficient payments for diesel fuel, lumper fees, and other logistical expenses. Relay's mission is not only to enhance efficiency but also to improve the integrity of fleet transactions. By collaborating with giant organizations such as Pilot Company and J.B. Hunt, Relay has optimized operational processes, reducing administrative burdens while enhancing service delivery. The company’s strides in innovation have garnered numerous accolades, including recognition as one of Inc. Magazine’s Best Workplaces, Fast Company’s Most Innovative Companies, and a favorite on the FreightTech 100 list. As Relay continues to grow and evolve, its commitment remains to streamline digital payments, ensuring that everyone from truck drivers to fleet managers can enjoy a more efficient way to conduct their business.