After quietly raising $43 million over the last six months of 2020, Relay Payments is on its way to raising an additional round for its electronic payment platform.
According to a filing with the U.S. Securities and Exchange Commission last week, the Atlanta-based company is looking to raise $60 million, noting it has already raised $44.7 million from four investors since earlier this month.
Relay aims to provide a more efficient and safe process for shippers, brokers, fleet managers and drivers...
https://www.freightwaves.com/news/relay-payments-plans-to-raise-60m-for-lumper-payment-platform