The Glastonbury-based digital payments firm Payrailz has secured another key financier.

The company announced this morning that  SunTrust Banks, Inc. has joined Payrailz’s growing group of investors, which includes First Data, Live Oak Ventures, Woodforest National Bank, Webster Bank and TTV Capital.

“The backing of an industry leading and innovative bank such as SunTrust is evidence that the market is ready to embrace a smarter and more engaging payments solution,” Fran Duggan, CEO of Payrailz, said in a statement. “We are excited to have SunTrust join our investor group to help us transform the digital banking experience from within the industry.”

Payrailz’s solutions offer “do it yourself” payments experiences that automates tasks for users, bridging the gap between tech-enabled consumers’ expectations and the traditional approach to payments through digital channels.

The company leverages the latest advancements in payments technology such as artificial intelligence, open APIs and a cloud-based infrastructure.

Payrailz is planning to provide its services to banks and credit unions all over the country. In September, the company inked a partnership with Tampa, Florida-based Suncoast Credit Union, which has $9.2 billion in assets.