Today, we’re launching international payments to 190+ countries, over the SWIFT network. With this launch, SWIFT officially becomes a new payment rail alongside our existing ones: ACH, wires, checks, cards, Real-Time Payments (RTP), and FedNow (preview coming soon). International payments follow our standards for all payment rails: ⚪ They are sent or received from any account. ⚪ They go through state transitions with full programmatic & Dashboard observability ⚪ They allow you to handle all edge cases. ⚪ They let you charge fees through profiles - or programmatically. But we also needed to support the complexity that’s inherent in international payments: 🇨🇦 For each payment, your customers can see transaction-level data on exchange rates, fees, expected recipient amounts, and payment status from the time it is initiated through completion. 🇬🇧 Each payment starts with a quote that locks the exchange rate and shows exactly how much will be sent, what the fees are, and how much the recipient will receive in their local currency. 🇮🇱 Your customer sees and approves those terms before the payment is sent. 🇩🇪 International payments can fail in ways domestic ones don't. Each scenario is processed as a distinct, structured event via the API, so your product can guide the customer on what to do next. More here: unit.co/blog/international-p…

Today, we’re announcing that we’ve doubled our annual transactions volumes in the last 12 months, and reached $100 billion. This is an especially sweet moment for us. It took us 5.5 years to reach the first $50 billion. What I’m most proud of is the character and unusual choices that led to it. We chose the most valuable problems, not the easiest ones. We saw huge value in building a system DEEP and BROAD enough to replace 10-15 vendors that banks + fintech programs typically use, starting with a core system. Many people that had 10x our knowledge tried to help and tamper our ambitions: “why build a core system?”, “why operations and not just tech?”, “why not partner with a vendor that already built a credit card ledger?” Today, Unit could be installed on any bank - immediately. There is no dependency on legacy tech. All money movement happens directly with the Federal Reserve and card networks. Banks and the programs they power do business at scale, with 10x better security, oversight, and modularity. We built heads-down while there was widespread skepticism. Until recently, the category of modern financial infrastructure has been attacked non stop. For years. People questioned it from every single angle: is it sound? Valuable? Sustainable? We weren’t phased. We had the field context that many skeptics didn’t have, and we saw the proof points every day. We made changes along the way when they were needed. We took no shortcuts and turned down high-risk deals that could make us bigger. Importantly, we put ourselves on an independent financial trajectory, so that we don’t have to take shortcuts OR depend on the opinions of others. Proud of our team for the hard work and character. Grateful to our customers (old and new) that placed trust in us. And to millions of end-users who have access to better financial services... without knowing that Unit exists 😉 Back to work. unit.co/blog/100-billion-in-…