GrailPay, a risk and data platform for bank payments, announced $6.7 million in funding to expand its suite of tools that make ACH transactions safer, smarter, and faster. The funding was led by Construct Capital, with participation from Commerce Ventures, Broadhaven Ventures, Soma Capital, Grasshopper Bank, and a network of experienced fintech operators and angel investors. This round follows an initial fundraise led by Noemis Ventures.
Problem being addressed: ACH is known as the backbone of the U.S. financial system, but it is often plagued with fraud, credit risk, and operational failures. Even though cards have benefited from decades of innovation in risk infrastructure, bank payments still rely on manual reviews and legacy tooling. GrailPay is addressing this gap with a modern intelligence platform designed to detect and prevent risk across the ACH lifecycle, before a transaction is ever initiated.
GrailPay’s platform offers predictive analytics and real-time signals across account enrollment, transaction monitoring, and merchant underwriting. And its tools are utilized by payment platforms, lenders, fintechs, and software vendors to reduce failed payments, accelerate decisioning, and automate operations.
GrailPay offers ACH processing, and its tools are designed to be modular and standalone, meaning customers can adopt the platform’s intelligence offerings with or without using it for payments. GrailPay is now powering ACH risk tooling and infrastructure for over 10,000 businesses.
How the funding will be used: The company will utilize the funds to grow its product and engineering teams, expand go-to-market efforts, and bring new capabilities to market, reducing risk and speeding up bank payments by continuously iterating on best-in-class risk models.
KEY QUOTES:
“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.”
Will Messina, CEO and co-founder of GrailPay
“What stood out with GrailPay wasn’t just their tech—it was how quickly they became a real partner in helping us move funds reliably and intelligently.”
Scott Agatep, CEO at Infinicept
“GrailPay is building what every modern payments company needs: a flexible, intelligent risk layer purpose-built for bank payments. The traction they’ve already seen speaks to how overdue this is.”
Camila Saruhashi from Construct Capital
