Independent Audit Report
Relay
VS
Unit

A comprehensive 20-point independent audit covering fees, FX rates, settlement architecture, regulatory standing, customer protection, and real-world performance benchmarks.

20 Audit Criteria Independent Analysis Current Verified Data Live Benchmarks
TL;DR
It's a tie! Both score 4/5 stars. Choose Relay if you need Small businesses wanting unified banking, bill pay, expense , or Unit if you need Fintechs and businesses wanting to embed bank accounts, card. ⬇ Scroll for full 20-point audit
Best For
Relay vs Unit
Small businesses wanting unified banking, bill pay, expense ... vs Fintechs and businesses wanting to embed bank accounts, card...
Fee Structure
Relay vs Unit
Free business checking; Relay Capital term loans available; ... vs B2B platform; custom pricing based on transaction volume and...
Rating
Relay vs Unit
4/5 ★ vs 4/5 ★
Relay
Small Business Banking & Money Management
Best For Small businesses wanting unified banking, bill pay, expense tracking, and capital access in one platform
Core Fee Free business checking; Relay Capital term loans available; no public pricing for loan products
Settlement Real-time cash flow visibility; fast account opening; on track to 3.2x revenue by end of 2026
Visit Relay ↗
Unit
Embedded Banking & Card Infrastructure (BaaS)
Best For Fintechs and businesses wanting to embed bank accounts, cards, and payment capabilities into their products
Core Fee B2B platform; custom pricing based on transaction volume and services
Settlement Real-time account opening and transaction processing; API-first infrastructure; instant card issuance
Visit Unit ↗
What This Audit Doesn't Cover: Real-time currency fluctuations, promotional offers, region-specific pricing, or temporary fee waivers. Always verify current rates, fees, and features directly with Relay and Unit before making any financial decision.
Full 20-Point Audit Matrix
Verified current data across all key decision criteria
20 Criteria Compared
Audit Criterion Relay Unit
WealthBlueprint RatingOverall score vs. all reviewed platforms (out of 5 stars)
4/5
Relay: rated on fees, features, safety & ease of use
4/5
Unit: rated on fees, features, safety & ease of use
Transaction FeesPer-transfer costs, domestic & international
Free business checking; Relay Capital term loans available; no public pricing for loan products B2B platform; custom pricing based on transaction volume and services
FX / Conversion SpreadMarkup above mid-market exchange rate
Relay charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Unit charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Account MaintenanceMonthly or annual account-keeping charges
No monthly fees — Relay does not charge recurring maintenance fees.
Fees subject to change — verify before signing up
Custom/tiered pricing — Unit's fee structure depends on your account tier or usage volume.
Fees subject to change — verify before signing up
Card Issuance FeesVirtual and physical card creation costs
Relay offers virtual cards. Card issuance is typically included at no extra cost.
Check Relay app for current card fees
Unit offers virtual cards. Check the Unit app under card settings for current issuance fees.
Check Unit app for current card fees
Domestic SettlementLocal bank transfer completion time
Relay
Real-time cash flow visibility; fast account opening; on tra
VS
Unit
Real-time account opening and transaction processing; API-fi
✓ Unit is faster (instant vs Real-time cash flow visibility)
Cross-Border SpeedInternational corridor settlement time
Relay supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Unit supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Uptime / ReliabilityReported annual platform availability rate
Relay publishes service status updates on its official status page for transparency.
Check Relay status page for incident history
Unit publishes service status updates on its official status page for transparency.
Check Unit status page for incident history
Regulatory LicensesGoverning bodies and jurisdictions
Surpassed $1.3B in deposits and 150,000 customers; $50M investment from General Catalyst (May 2026); banking via Thread Bank (FDIC);
✓ Licensed
Banking via partner FDIC-insured institutions; regulatory compliance; standard BaaS security and fraud prevention
✓ Licensed
Deposit InsuranceGovernment-backed protection scheme
FDIC insured — your funds are protected up to applicable limits.
Verify current coverage directly with Relay
FDIC insured — your funds are protected up to applicable limits.
Verify current coverage directly with Unit
2FA & AuthenticationMulti-factor security implementation
Relay offers multi-factor authentication. Enable 2FA in account security settings. Biometric and PIN options vary by device.
Enable 2FA immediately after opening your account
Unit offers multi-factor authentication. Enable 2FA in account security settings. Biometric and PIN options vary by device.
Enable 2FA immediately after opening your account
Fraud DetectionAI/ML-powered transaction monitoring
Relay monitors transactions for anomalies in real time. You can freeze your card instantly from the app.
✓ Real-time monitoring
Unit monitors transactions for anomalies in real time. You can freeze your card instantly from the app.
✓ Real-time monitoring
Ideal Use CasePrimary audience and core value proposition
Relay
Small businesses wanting unified banking, bill pay, expense tracking, and capital access in one platform
Unit
Fintechs and businesses wanting to embed bank accounts, cards, and payment capabilities into their products
Platform ClassificationRegulatory and product category
Small Business Banking & Money Management Embedded Banking & Card Infrastructure (BaaS)
Withdrawal LimitsDaily / weekly transfer and cash-out caps
Relay applies tiered withdrawal limits based on your KYC verification level and business activity.
Log in to see your current limits
Unit applies daily and monthly withdrawal limits based on your account verification tier.
Log in to see your current limits
Supported CurrenciesFiat and digital asset coverage
Relay supports the currencies and assets listed in its official documentation.
Check Relay official site for full currency list
Unit supports the currencies and assets listed in its official documentation.
Check Unit official site for full currency list
App Store RatingAggregate iOS + Android user satisfaction
Relay is available on both iOS and Android. Rating varies by region.
Verify live ratings on the App Store
Unit is available on both iOS and Android. Rating varies by region.
Verify live ratings on the App Store
Customer SupportAvailable resolution pathways and SLA
Relay offers in-app support and email. Response times may vary by account tier.
Check Relay help centre for current support options
Unit offers in-app support and email. Response times may vary by account tier.
Check Unit help centre for current support options
KYC Verification SpeedAccount activation timeline post-submission
Relay typically verifies personal accounts within minutes to 24 hours with a valid ID.
Verify current wait times in the Relay app
Unit typically verifies personal accounts within minutes to 24 hours with a valid ID.
Verify current wait times in the Unit app
Overall VerdictWealthBlueprint independent recommendation
IT'S A TIE — both score 4/5 stars.

Choose Relay if you need: Small businesses wanting unified banking, bill pay, expense tracking, and capital access in one platform.
Choose Unit if you need: Fintechs and businesses wanting to embed bank accounts, cards, and payment capabilities into their products.

➜ Your choice depends on your specific needs
Official WebsiteVisit platform to sign up or verify current fees
Visit Relay ↗ Visit Unit ↗

Choose Relay If:

  • You need Small businesses wanting unified banking, bill pay, expense
  • You prefer Free business checking; Relay Capital te
  • You value Real-time cash flow visibility; fast acc

Choose Unit If:

  • You need Fintechs and businesses wanting to embed bank accounts, card
  • You prefer B2B platform; custom pricing based on tr
  • You value Real-time account opening and transactio
WealthBlueprint Verdict Summary
Relay — Best For
Small businesses wanting unified banking, bill pay, expense tracking, and capital access in one platform
✓ Strong in its core category
Unit — Best For
Fintechs and businesses wanting to embed bank accounts, cards, and payment capabilities into their products
✓ Strong in its core category

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