Summary:
Relay adds automated billing and invoicing tools
Why It Matters:
Relay is moving beyond simple business banking into back-office automation. By adding bill capture and invoicing, they are trying to become the primary hub for all small business money movements, not just a place to store cash.
What Changed:
- Added a "How it Works" section detailing three core pillars: account setup, billing automation, and bookkeeping sync.
- Introduced automated billing features including vendor info capture and automated payments.
- Added invoicing capabilities with built-in payment links and automated reminders.
- Highlighted deeper integrations with Xero and QuickBooks for automated bookkeeping.
- Updated the high-end savings rate mention to 2.86% APY in the new descriptive text.