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GrailPay

Provider
FraudPSP

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 2 categories.

grailpay.comAlso analysed as a company — its own stack →
CategoriesFraud, PSP
Rank#8 of 9 in Fraud
Buyers2 companies
HeadquartersNew York, New York, United States
Raised$6.7M
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Founders & story · from GrailPay’s own dossier

GrailPay was founded as a B2B payments risk and data network focused on the ACH rail, where fraud and credit risk have historically lagged behind card-based infrastructure. The company positioned itself as a modern intelligence layer — providing ML-driven risk analytics, KYB/KYC, sanctions screening, and guaranteed ACH settlement — for fintechs, ISOs, ISVs, and payment processors. It has added a net-terms financing product layered directly onto the ACH rail, monetising each financed transaction for partners.

Latest round: Seed, 2025
Recent developments
  • 2026-09Partnered with Narmi, a digital banking platform for community FIs — GrailPay is embedded in Narmi's platform to catch fraudulent payments before they clear. source ↗
  • 2025-07GrailPay closed a $6.7M seed round led by Construct Capital to build risk infrastructure for the $86T ACH payment market. source ↗
Full dossier: GrailPay’s own stack, layer by layer →
Who uses GrailPay
2 companies disclose GrailPay in their stack
NarmiForward
Buyer mix · 2 of 2 classified
Infrastructure / Digital Banking Platform · 1Infrastructure / Payments · 1
US · 2
What the disclosures say
Narmi
GrailPay is embedded in Narmi's platform for real-time bad-payment detection, per GrailPay co-founder Will Messina's partnership announcement (2026-09-22, https://www.linkedin.com/posts/williammessina_cover-narmi-partnership-announcement-share-7508154100472111105-gmHo/): "With GrailPay embedded in its platform, we'll b…
View source · linkedin.com
Forward
Forward's own subprocessor list (getfwd.com/dpa) names CardConnect (a Fiserv company) as the merchant boarding/underwriting/settlement acquiring processor, Cross River Bank for banking and ACH rails, GrailPay for bank payment/ACH processing, and Very Good Security (VGS) for cardholder data tokenization.
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent GrailPay? Claim this profile above to unlock your own full list.
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What GrailPay runs on · from its own dossier
The third-party providers GrailPay itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose GrailPay.
Sponsor Bank
Grasshopper Bank
BaaS
Grasshopper Bank
Full dossier with evidence for each layer →
Alternatives to GrailPay

Other Fraud providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

ComplyAdvantage30 buyersSardine18 buyersTaktile12 buyersSignifyd10 buyersForter7 buyersKount6 buyersSift2 buyersOscilar1 buyer
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Ranked #8 of 9 in Fraud — Embedded Finance Index 2026
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