Rellevate
700 Canal St 1st Floor, Stamford, CT, 06902, United States
Overview
Rellevate, Inc. is a digital fintech company that offers banking and payment services aimed at American workers. Its product suite, offered primarily via employers, includes the Rellevate App / Digital Account with Earnings Credit, a Visa debit card, ATM access, Pay Any-Day to access earned wages between payroll cycles, Bill Pay, Send and Instant Send Money, and gift and incentive cards. The company positions its Digital Account as an employer-provided Financial Wellness benefit to help employees access earned wages between payroll cycles and to enhance employee acquisition and retention. Rellevate closed a $4 million Series Seed Preferred round led by Naples Technology Ventures and plans to use the funds to focus on market expansion and to scale its platform. Additional investors included Connecticut Innovations, IAG Capital Partners, Cherrystone Angel Group, Texas HALO Fund and Tamiami Angel Fund, among others. Adam Schneider of Naples Technology Ventures will join Rellevate’s board to support product, technical implementation and growth strategies.
- Total raised
- $4M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- May 2022
Industries
- Consumer
- Financial Services
- FinTech
Recent funding
Seed
May 2022
$4M