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Canada
Oct 2018 (7 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Relay
Company Information
Get to know Relay
Relay is a financial technology company that provides an online business banking and money management platform. Founded in 2018, the company's mission is to simplify banking for small businesses and provide them with clarity into their cash flow. Relay offers services such as no-fee business checking and savings accounts, physical and virtual Visa® debit cards, expense management tools, and seamless integrations with accounting software like QuickBooks Online and Xero. It is not a bank itself; banking services are provided by its FDIC-insured partner banks, including Thread Bank and Evolve Bank & Trust.
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