October 29, 2024
Running a solo business is hard enough without spending all of your time thinking about which tools and services to use to manage your business finances.
At Formations, our goal is to make the lives of the self-employed easier by automating your back office, and today, we are excited to announce our new partnership with Relay Bank, aimed at providing a seamless experience for any entrepreneur starting a new venture.
Your Business in a Box
At Formations, our mission is to simplify the journey of starting and managing a business. We understand that navigating financial tasks can be daunting for many entrepreneurs.
Through our partnership with Relay, you can now open a new LLC with a business bank account attached, without the hassle of separate systems and manual work. We handle everything for you to get your business launched efficiently.
Opening a business bank account with your LLC allows you to treat your business like a business, and separate business expenses from personal, which your future self will thank you for, come tax time! Every new LLC should be opened with a business bank account, and with Formations, you get it for free!
What Relay Brings to the Table for Formations Customers
Relay is designed to meet the unique needs of small businesses. Relay empowers entrepreneurs to focus on what they do best—growing their businesses. Their user-friendly platform integrates effortlessly with Formations, providing a holistic approach to business management.
Streamlined, Fee-Free Financial Management
Through this partnership, Formations customers will benefit from:
- Integrated Banking Solutions: Effortlessly manage business finances and see and categorize expenses directly through their Formations dashboard.
- Enhanced Financial Insights: Access detailed reports and analytics to make informed decisions and track business performance.
- Time-Saving Automation: Automate repetitive financial tasks, allowing entrepreneurs to dedicate more time to strategic growth initiatives.
A Shared Vision
Both Formations and Relay share a commitment to empowering entrepreneurs. By leveraging each other's strengths, we aim to create a seamless experience that simplifies financial management and enhances business growth.
Join Us on This Journey
Interested in setting up your business-in-a-box? We’ve made it a breeze.
Relay is a financial technology company, not a bank. Banking services and FDIC insurance are provided through Thread Bank; Member FDIC. The Relay Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa® cards are accepted. The Relay Visa® Credit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted.
