Company Research Report: Rellevate, Inc.

Company Overview

• Name: Rellevate, Inc.

• Mission: Empowering Americans to affordably access, move, and use their money - anytime, anywhere.

• Founded: No information is available.

• Founders: Stewart A. Stockdale, Greg Schneider, and Mark Forster.

• Key People:

• Stewart A. Stockdale - Co-Founder, Chairman, and CEO

• Greg Schneider - Co-Founder, Chief Information Officer

• Victoria Lopez Negrete - Chief Administrative Officer

• Matthew Krull - Senior Vice President - Strategy, Legal, and Public Affairs

• Robin Blunt - Director, Business Development & Innovation, Education

• Headquarters: 700 Canal St 1st Floor Stamford, CT 06902

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Providing digital banking and payment services, including Digital Bank Accounts, Debit Cards, Earned Wage Access, and Disbursement Solutions.

Products

1. Disbursement Solutions

• Description: Fast, secure, and efficient solution designed for seamless disbursements.

• Key Features:

• Real-time Payments

• Flexible Payment Options

• Seamless Integration

• Enhanced Security

• Reduced Costs

2. Digital Account

• Description: A comprehensive digital banking solution for managing day-to-day finances.

• Key Features:

• Visa® Debit Card

• Worldwide ATM Access

• Bill Pay

• Send Money

• Earnings Credit

• 24/7 Customer Service

3. Digital Account+

• Description: Enhanced digital account offering all Digital Account features plus additional options.

• Key Features:

• Multiple Sources of Funds

• Advanced Earnings Credit

4. Pay Any-Day

• Description: A leader in the Earned Wage Access space that allows immediate access to earned pay.

• Key Features:

• Access Money Anytime

• Advance up to 50% of Pay

• No Additional Fees

• Flexibility in Payment

5. Gift Cards

• Description: Offers Visa® Gift Cards for versatile usage.

• Key Features:

• Available in $20-$500 denominations

• Usable at millions of locations worldwide

Recent Developments

• New Partnerships:

• Partnered with Crime Stoppers USA to enhance public safety efforts through virtual, anonymous reward payments.

• Formed strategic partnership with Republic Bank & Trust Company to enhance digital banking services.

• Collaborated with Highnote to enhance digital banking, disbursements, payments, and employer benefits.

• Awards and Recognitions:

• Won the 2023 PayTech Editor's Choice Award for the $1 Billion Cash Assistance Program with the State of Georgia.

• Received the Innovation in Digital Banking Award at the FiNext Awards 2024.

• Highly Commended in the ‘Best Business Payments System’ category at the 2024 PayTech Awards.

• Community Initiatives:

• Partnered with Inclusive Action for Los Angeles to provide emergency fund aid during wildfires.

• Collaborated with Lee County School District for employee financial services.

• Key Projects:

• Managed Georgia’s $1 Billion Cash Assistance Program, delivering $350 payments efficiently.

• Partnered with UNICEF to support global mission with secure, efficient financial services.

Conclusion

This is a detailed exploration of Rellevate, focusing on its mission, product offerings, key partnerships, and awards. The company is recognized for its innovative solutions in digital banking and disbursement, impacting significant societal and economic challenges around financial accessibility and security.