Bringing cash flow clarity to SMBs with Relay’s Yoseph West
Small business owners wake up each day focused on two things: their Instagram and their bank account. But what if banking could do more than just show a balance?
On this episode, Yoseph West, Co-Founder and CEO of Relay, discusses how banking designed for small businesses can drive cash flow confidence and financial clarity.
Key Takeaways:
(03:43) Small businesses struggle with financial visibility.
(06:52) Relay differentiates itself from traditional business banks.
(09:07) Preventing check fraud with authorization controls.
(10:53) Small businesses still compare digital banks to traditional ones.
(14:41) Attracting new customers and driving organic growth.
(18:55) Three key factors matter when choosing fintech partners.
(24:17) Small businesses demand more from their financial institutions.
(28:19) Building deep relationships with customers is essential for success.
Resources Mentioned:
Relay website
Coalition for Financial Ecosystem Standards
Any specific guest you’d like to hear on the show? Leave your suggestions at https://www.smbtechinnovators.com/.
Thanks for listening to “SMB Tech Innovators,” powered by Gusto | Embedded Finance, Vertical SaaS, Payroll API. If you enjoyed this episode, hit the subscribe button and never miss another insightful conversation. And be sure to leave a review to help get the word out about the show.
#SMB #Fintech #Innovation #Saas #HR #Payroll #SmallBusiness