We spent years inside the correspondent banking system before we started removing the parts of it that don't need to exist anymore.
UNYX is a settlement network for regulated financial institutions. Members connect once and settle cross-border payments directly with each other, hold balances in local currencies, and earn on the flow other members route into their market.
The network is built and run by people who have spent their careers inside correspondent banking, payments and market infrastructure and who know what it takes for an institution to trust another with settlement.
To give every regulated institution the reach of a global correspondent bank without the cost, the delay or the chain of intermediaries that comes with one. Members settle directly with one another, keep the margin that would otherwise be lost along the way, and earn on the payments routed into their own market.
A world where the institution serving a market is the one that earns from it. We are building the network where regional banks and payment institutions are correspondents in their own right, connected to every other member, rather than clients of a system designed elsewhere.