The Origin
Cross-border B2B payments have historically been a black box. Money enters the correspondent banking network, gets passed through three intermediary banks, each taking a fee, and emerges on the other side 72 hours later. We set out to change this.
Defining the MVP
Instead of trying to replace SWIFT entirely, we focused on a specific corridor: US to Southeast Asia manufacturing. By pre-funding local liquidity pools and settling in real-time on a digital ledger, we could provide instant availability of funds.
Execution
The hardest part wasn't the ledger—it was the compliance and KYB (Know Your Business) onboarding. We designed an automated onboarding flow that reduced manual compliance checks by 40%, allowing businesses to transact almost immediately.