Relay Payments

Relay Payments

Digital payment platform for freight industry

Overview

Relay Payments provides a digital payment platform tailored to the freight and logistics industry. It enables secure, end-to-end payments that connect freight brokers, fleets, drivers, and merchants, covering costs like fuel, lumper services, and parking. The app lets drivers locate nearby merchants along their route and pay for diesel, lumpers, parking, and other over-the-road expenses, while centralized transactions and receipts help businesses automate back-office tasks and manage cash flow. Revenue comes from transaction fees on its services. The platform differentiates itself by focusing specifically on trucking needs, offering instant lumper payments, on-route merchant discovery and payments, and centralized expense tracking to improve carrier loyalty and fleet efficiency. The goal is to keep freight moving by delivering a secure, efficient payment network that saves time, generates additional revenue, and simplifies fleet administration.

About Relay Payments

Simplify's Rating
Why Relay Payments is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Enterprise Software

Fintech

Financial Services

Company Size

51-200

Company Stage

Early VC

Total Funding

$87.7M

Headquarters

Atlanta, Georgia

Founded

2019

Simplify Jobs

Simplify's Take

What believers are saying

  • Love's Travel Stops integration expands fraud-free network to 2,200+ truck stops.
  • Circle K partnership adds secure payments at 500+ truck-accessible locations nationwide.
  • RaceTrac expands diesel payment options, boosting fleet and driver revenue opportunities.

What critics are saying

  • Comdata Card dominates fuel payments, diverting Relay's transaction volume in 6-12 months.
  • Motive embeds payments in ELD platform, bypassing Relay's network in 12-18 months.
  • FMCSA 2026 rules favor WEX incumbents, eroding Relay's compliance edge immediately.

What makes Relay Payments unique

  • Relay Payments offers app-based fuel, lumper, and parking payments for trucking OTR expenses.
  • Relay Pulse integrates with Samsara, Motive, ISAAC ELDs to prevent first-party fuel fraud.
  • RelayDirect with Steam Logistics streamlines instant carrier payments for brokers.

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Funding

Total Funding

$87.7M

Above

Industry Average

Funded Over

3 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Unlimited Paid Time Off

Mental Health Support

Company Equity

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

5%

2 year growth

0%
CStore Decisions
Sep 8th, 2025
Circle K Teams Up with Relay Payments

Circle K has announced a new partnership with Relay Payments, bringing its secure digital payment solution to more than 500 truck-accessible Circle K locations across the country.

The Trucker
Aug 6th, 2025
Steam Logistics teams up with Relay Payments

Home > business > Steam Logistics teams up with Relay Payments.

Relay Payments
Aug 5th, 2025
Steam Logistics Partners with Relay Payments to Launch RelayDirect, Streamlining Carrier Payments

Steam Logistics partners with Relay Payments to launch RelayDirect, streamlining carrier payments.

Relay Payments
Jul 9th, 2025
RaceTrac Partners with Relay Payments, Expanding DieselPayment Options for Fleets and Pro Drivers

RaceTrac partners with Relay Payments, expanding dieselpayment options for fleets and pro drivers.

News Journal
May 21st, 2025
Relay Payments Launches Relay Pulse, an ELD Integration to Prevent First-Party Fuel Fraud

ATLANTA, May 21, 2025 /PRNewswire/ - Relay Payments, the fintech company modernizing payments for the trucking and logistics industries, has launched Relay Pulse, an interactive solution leveraging a strong integration with a carrier's ELD to prevent fraud by giving carriers greater visibility and control over driver fueling.

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