Provides an API and SDK-based platform that optimizes B2B payment processing by intelligently routing ACH transactions and embedding short-term financing options up to $350,000. Eliminates fraud risk and reduces operational costs for payment processors, ISOs, and gateways while enabling them to monetize non-card payment flows and improve cash flow for SMBs.
Funding
$6.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
B2B payment processing via ACH is often plagued by fraud risk, high operational costs, and limited access to short-term financing, hindering efficient cash flow management for small and medium-sized businesses (SMBs). Existing solutions lack comprehensive risk assessment and real-time validation, leading to payment failures and increased administrative burdens for payment processors, ISOs, and gateways.
Solution
GrailPay offers an API and SDK-based platform that optimizes B2B payment processing by providing intelligent routing of ACH transactions and embedding short-term financing options up to $350,000. The platform employs machine-learning risk analytics to safeguard ACH payments through real-time account validation, multi-factor payer checks, and open banking integration. By dynamically assessing a bank account's ability to make a payment, GrailPay helps payment processors, ISOs, and gateways eliminate fraud risk, reduce operational costs, monetize non-card payment flows, and improve cash flow for SMBs. The system facilitates faster ACH settlement with same-day and instant options, along with flexible payout routing.
Target Audience
GrailPay primarily targets payment processors, Independent Sales Organizations (ISOs), Independent Software Vendors (ISVs), and payment gateways seeking to enhance their B2B payment solutions with advanced risk management and financing capabilities.
Features
- Real-time account validation using open banking and multi-factor payer checks
- Embedded machine-learning risk analytics for fraud detection and prevention
- Dynamic risk assessment per transaction to minimize payment failures
- API and SDK integration for embedding into existing payment flows
- Short-term financing options up to $350,000 for SMBs
- Support for various ACH types (WEB, CCD, PPD)
- Flexible payout routing and custom payout rules
- Unified underwriting process with KYB capabilities
- Same-day and instant ACH settlement options