Every day half a million wires and over 60 million ACH payments are sent in the US. And every day, millions of finance and accounting professionals in the US try to make sense of those payments, asking what they were, why they happened, and how to book them.
Modern Treasury enables its clients to marry bank statements with the company’s business logic to provide an enriched history of the company’s financial transactions. This view will empower the company’s finance teams to focus on solving the mission-critical problems of the business and not piecing together the jigsaw puzzle of bank transactions by hand. Modern Treasury will help answer those questions faster and with more confidence.
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Our Why
We strive to become one of the best companies in the world by:
Helping our customers build their own best companies. We build products to support our customers’ goals. We deliver on time and provide exceptional service. We aspire to do things right the first time, and if something goes wrong, we rectify it.
Creating the conditions for personal and professional growth. We design our work environment to be uplifting and enriching, a place to engage in meaningful work, constantly learn, and pursue our long-term career journeys. Together, we create a space of psychological safety. We embrace diversity of thought, respectful debate, and intellectual curiosity.
Making decisions for longevity. We focus on profitability, which protects our employees’ livelihoods and ensures our continued ability to serve customers. We do so with decency, dignity, and truthfulness, earning us the right and privilege to remain in business.
We will sometimes fall short, but we are unapologetic about striving. We commit to the never-ending work it takes to build one of the world’s best companies.
Modern Treasury enables its clients to marry bank statements with the company’s business logic to provide an enriched history of the company’s financial transactions. This view will empower the company’s finance teams to focus on solving the mission-critical problems of the business and not piecing together the jigsaw puzzle of bank transactions by hand. Modern Treasury will help answer those questions faster and with more confidence.
################
Our Why
We strive to become one of the best companies in the world by:
Helping our customers build their own best companies. We build products to support our customers’ goals. We deliver on time and provide exceptional service. We aspire to do things right the first time, and if something goes wrong, we rectify it.
Creating the conditions for personal and professional growth. We design our work environment to be uplifting and enriching, a place to engage in meaningful work, constantly learn, and pursue our long-term career journeys. Together, we create a space of psychological safety. We embrace diversity of thought, respectful debate, and intellectual curiosity.
Making decisions for longevity. We focus on profitability, which protects our employees’ livelihoods and ensures our continued ability to serve customers. We do so with decency, dignity, and truthfulness, earning us the right and privilege to remain in business.
We will sometimes fall short, but we are unapologetic about striving. We commit to the never-ending work it takes to build one of the world’s best companies.
Location: United States
Employees: 51-200
Total raised: $173M
Founded date: 2018
Investors 6
| Date | Name | Website |
| - | Cleo Capit... | cleocap.co... |
| - | TQ Venture... | tqventures... |
| - | Artisanal ... | artisanalv... |
| - | Y Combinat... | ycombinato... |
| - | Four Citie... | fourcities... |
| - | NewView Ca... | nvc.vc |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 31.03.2022 | Series C | $50M | - |
| 06.10.2021 | Series C | $85M | - |
| 12.01.2021 | Series B | $38M | - |
Mentions in press and media 34
| Date | Title | Description |
| 01.04.2026 | Shant Banosian on the tactics that keep him a top originator | - |
| 05.03.2026 | Payabli Named to the 2026 Forbes Fintech 50, Powering the Embedded Payments Infrastructure Reshaping Vertical SaaS and Modern Enterprise | Payabli has been named to the 2026 Forbes Fintech 50 — one of the most prestigious recognitions in the financial technology industry. MIAMI, March 5, 2026 /PRNewswire-PRWeb/ --Payabli, an embedded payments infrastructure company purpose-bui... |
| 19.02.2026 | Modern Treasury Launches Integrated Payments Platform to Streamline Money Movement | Modern Treasury has unveiled Payments, a payment service provider (PSP) that unifies fiat and stablecoin transactions under a single API. Announced recently this month, the platform promises to eliminate the fragmentation that has long plag... |
| 06.05.2025 | MetaRouter Expands Retail Media Innovation With Strategic Leadership Hires | MetaRouter, a leader in server-side tag management and pioneer in enterprise-grade data collection and integration, announced the appointments of two retail media and artificial intelligence veterans to its executive team. Nikhil Raj joins ... |
| 04.02.2025 | Cybersecurity startup Riot raises €28.9 million to expand globally and double headcount by 2026 | Riot, a Paris-based cybersecurity software platform, announced today a €28.9 million Series B financing round to fuel product development, open two new offices, and double headcount by 2026. The funding round was led by venture capital firm... |
| 24.04.2024 | Stainless is helping OpenAI, Anthropic and others build SDKs for their APIs | Besides a focus on generative AI, what do AI startups like OpenAI, Anthropic and Together AI share in common? They use Stainless, a platform created by ex-Stripe staffer Alex Rattray, to generate SDKs for their APIs. Rattray, who studied ec... |
| 18.04.2023 | Fintech Modern Treasury Announces Reconciliation Engine to Enhance Efficiency, Financial Transparency for Firms | Modern Treasury, the operating system for the new era of payments, today announced its expanded Reconciliation Engine, which automates and simplifies end-to-end cash reconciliation for businesses. This enhanced offering reportedly “drives s... |
| 05.03.2023 | Modern Treasury Announces Global ACH Capabilities, Supports Affordable Cross-Border Payments | Modern Treasury, the operating system for the new era of payments, and Silicon Valley Bank, announced the availability of a new global payment solution, which will “allow mutual clients to send cross-border payments more efficiently, predic... |
| 08.11.2022 | Report: The state of payment operations 2022 | Download now! In coming years, every payment will begin and end in software. For this reason, companies that are looking ahead and focused on scale understand the necessity for modern, automated payment operations. Simply put, payment opera... |
| 18.09.2022 | Varo’s bank charter milestone, more corporate cards and BNPL under a microscope | Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll ... |
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