New York-based GrailPay has raised $6.7 million in fresh funding to expand its intelligence platform built to make ACH transactions safer, faster, and more reliable. The startup offers a suite of risk and data tools that provide real-time signals and predictive analytics for account enrollment, transaction monitoring, and merchant underwriting—an area long overdue for innovation.
Serving over 10,000 businesses, GrailPay addresses the increasing need for security and speed in bank-based payments, helping organizations guard against fraud and operational hiccups in ACH processing. While credit cards have benefited from decades of development in fraud detection and analytics, ACH transactions have lagged behind. GrailPay aims to change that with a “modern intelligence layer” tailored specifically for bank payments.
CEO and co-founder Will Messina noted, “Credit cards have seen decades of innovation—fraud tooling, risk engines, analytics. But the same hasn’t happened for bank payments. We’re building the modern intelligence layer to unlock the next growth wave of payments tied to a bank account.”
The newly raised capital will be directed toward scaling product development, growing its engineering team, and advancing its go-to-market strategy, all while enhancing the power and precision of its risk models. With ACH usage growing across industries, GrailPay’s technology is positioned to modernize a vital but often overlooked payment channel.