Bluevine vs Relay
short answerBoth are traditional neobanks with similar positioning — the real differences are FX markup, fees, license and geography, compared field by field below.
Bluevine: SMB checking + credit lines.
Relay: Multi-account SMB banking (Profit First).
Side by side
| Bluevine | Relay | |
|---|---|---|
| Category | traditional | traditional |
| Audience | SMB & startups | SMB & startups |
| HQ | Redwood City, US | Toronto/US |
| Founded | 2013 | 2018 |
| Custody | Custodial | Custodial |
| Regulation | Partner-bank model | Partner-bank model |
| License detail | Partner bank (Coastal Community Bank) + sweep-network program banks (up to $3M FDIC); credit line via Celtic Bank | Partner bank (Thread Bank, Member FDIC); previously Evolve Bank & Trust |
| Card | MC · Business debit | Visa · Business debit |
| Cashback | — | — |
| Yield | ~2% APY checking | Yield on savings |
| FX markup | — | — |
| Services | — | — |
| Stablecoins | No | No |
| KYC | Yes | Yes |
| Regions | North America | North America |
| Reported users | — | — |
go deeperFull profiles: Bluevine · Relay — or run your own comparison of up to four in the directory.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.