Modern Treasury
- Company typePrivate
- Founded2018
- HeadquartersSan Francisco, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
Modern Treasury firmographics
Firmographics- Name
- Modern Treasury
- Legal name
- Modern Treasury Corp.
- Website
- https://moderntreasury.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Modern Treasury industry classification
Industry- Product category
- Payment Infrastructure Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199), Functions Related To Depository Banking, Nec (6099), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK)
- akta.pro secondary industries
- Treasury, Cash Management & Liquidity Tools (Sweeps, Cash Concentration) (FSAGAAAG), Tokenized Treasury, Money Market & Cash Management Products (FSADAEAB), Corporate Cash Management & Treasury Services (FSAMAOAA)
Keywords
Where Modern Treasury is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Modern Treasury business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Platform/Usage-based Pricing: Modern Treasury employs a usage-based pricing model that scales with the platform's usage, charging based on payment volume or transaction count processed through the API
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Usage-based pricing that scales with payment volume |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Modern Treasury product offering
Product offeringCore offering
Modern Treasury provides an API-first payment operations platform that lets businesses programmatically open accounts and execute money movement across U.S. payment rails (ACH, wire, RTP, FedNow, push-to-card) and stablecoin rails (USDC, USDG, USDP, USDT) through a single integration. The platform includes a real-time double-entry ledger, KYC/KYB and AML compliance tooling, global USD accounts, and Modern Treasury AI for workflow automation. It is sold to fintechs, marketplaces, lenders, and investment platforms on a usage-based pricing model.
Product overview
Modern Treasury is a payment operations platform offering a unified API for fiat and stablecoin money movement. The core portfolio consists of three main products: Payments (multi-rail payment operations via ACH, wire, RTP, FedNow, push-to-card, and stablecoins), Stablecoins (settlement infrastructure for USDC, USDG, USDP across blockchain networks), and Ledgers (immutable double-entry accounting with real-time reconciliation). These are complemented by solution-specific offerings including Global USD Accounts (named USD accounts for 90+ countries), Stablecoin Orchestration (cross-border and cross-rail stablecoin management), Cross-Border Payments, Digital Wallets, Embedded ACH, and Programmatic Sub-Accounts. The platform also includes Modern Treasury AI for AI-powered payment workflow automation. The entire portfolio is accessible through the Payments API, which has processed over $400 billion in payments with 99.99% uptime.
Differentiator
Problem solved
Functional benefit
Brands
- Modern Treasury AI: AI platform purpose-built for enterprise payments announced in 2025, currently in early access program with general release planned.
- Payments
- Ledgers
- Global USD Accounts
Products and services
- Payments A multi-rail payment operations platform enabling businesses to send and receive money via ACH, wire, RTP, FedNow, push-to-card, and stablecoins through a single unified API with real-time ledgering, reconciliation, and built-in compliance.
- Stablecoins Stablecoin settlement infrastructure supporting USDC, USDG, and USDP across blockchain networks including Base and Solana, enabling programmable conversion between USD and stablecoins through on- and off-ramps.
- Ledgers Immutable, double-entry ledger system providing real-time transaction recording, reconciliation, and balance tracking across fiat and stablecoin payment flows with subsidiary ledger support.
- Global USD Accounts Enables platforms to offer named U.S. dollar accounts to users in 90+ countries with unique routing and account numbers, supporting ACH, wire, RTP, FedNow, and stablecoin interoperability with embedded compliance and unified ledgering.
- Stablecoin Orchestration Orchestrates stablecoin movement across rails, borders, and currencies with on-ramp and off-ramp capabilities, enabling faster and cheaper payments alongside traditional payment rails.
- Cross-Border Payments Enables international money movement across multiple currencies and regions through a single API, leveraging stablecoins and traditional payment rails for cost-effective cross-border transactions.
- Digital Wallets Powers digital wallet products by enabling holding of fiat and stablecoins under a single ledger with no silos, supporting multi-currency and multi-network wallet infrastructure.
- Embedded ACH Enables embedding of ACH payment capabilities (debits and credits) directly into software platforms, marketplaces, and fintech applications.
- Programmatic Sub-Accounts Enables programmatic creation and management of virtual accounts for marketplaces, platforms, and businesses requiring segregation of funds and multi-entity money movement.
- Modern Treasury AI AI platform purpose-built for payment operations, featuring AI Agent and Workspace for automating workflows, enhancing proactive monitoring, and integrating institutional knowledge with real-time automation. Currently in early access program.
- Payments API REST API enabling developers to programmatically execute payments via ACH, wire, RTP, FedNow, push-to-card, and stablecoins, with endpoints for account management, payment orders, and transaction tracking.
Quantifiable outcome
- Reduced wire payout times by 80% for Masterworks
- +5 more outcomes
Companies that use Modern Treasury
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles4 records
Modern Treasury technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability5 records
Feature5 records
Modern Treasury partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- SardinecorePartnership to integrate real-time transaction monitoring and fraud detection into Modern Treasury's payments platform, enabling wallet screening, automated risk checks for stablecoin workflows, and unified auditable ledger through single API.
- PersonacorePartnership to integrate identity verification and KYB workflows into Modern Treasury's compliance infrastructure, enabling flexible verification workflows, reduced manual reviews, and accelerated customer onboarding across payment rails.
- Solana FoundationcoreModern Treasury selected as payments infrastructure partner for Solana Developer Platform, enabling enterprises building on Solana to access account infrastructure, real-time ledger, compliance controls, and US payment rails including ACH, wire, RTP, and FedNow.
- MastercardcoreModern Treasury joined Mastercard's Crypto Partner Program as an On/Off-Ramp Provider, enabling fiat-to-crypto and crypto-to-fiat payment flows at global scale. Leverages Mastercard Move Cross-Border Services reaching more than 95% of the world's population.
- PaxoscorePartnership to integrate regulated stablecoin infrastructure into Modern Treasury's payment platform, enabling businesses to facilitate stablecoin payments with real-time cross-border settlement, API-driven workflows, and built-in compliance. Modern Treasury also joined the Global Dollar Network as part of this partnership.
- Anchorage DigitalcoreAnchorage Digital selected Modern Treasury as infrastructure provider for money movement and ledgering operations, enabling automation across wires, ACH, and real-time rails with faster interbank payments and automated settlements.
- BlankfactorminorImplementation services partnership to help scale enterprise implementation services for Modern Treasury customers requiring custom integrations and deployment support.
- BricominorPartnership to help companies obtain and maintain money transmission licenses while automating payment operations for embedded payments. Combines AI-powered licensing compliance with payment operations infrastructure.
Scale indicators8 records
Recent moves11 records
Expansion highlights5 records
Modern Treasury competitors and assessment
Company assessmentDirect peers
- Stripe Treasury: Stripe's embedded treasury and financial accounts product competes directly with Modern Treasury by letting platforms embed banking, payment, and ledger infrastructure through a unified API targeting the same fintech, marketplace, and SaaS customers.
- Dwolla: Dwolla operates an ACH-focused API and payment orchestration platform targeting platforms and fintechs. It overlaps directly with Modern Treasury's ACH and bank-rail orchestration offering, though without stablecoin support.
- Unit: Unit is an embedded banking and payments platform offering accounts, cards, lending, and money movement APIs to fintechs and platforms. It competes with Modern Treasury's programmable accounts, sub-accounts, and payment rails.
- Increase: Increase provides banking-as-a-service infrastructure (accounts, ACH, wire, real-time payments) through an API targeting fintech and platform builders — directly comparable to Modern Treasury's payment operations stack.
- Synctera: Synctera is a banking-as-a-service platform offering accounts, cards, lending, and payment rails to fintechs via APIs. It targets the same builder segment as Modern Treasury with comparable embedded finance functionality.
- Column (a16z-backed bank): Column operates a developer-first commercial bank with APIs for ACH, wire, RTP, and ledgers — directly comparable to Modern Treasury's bank-rail and ledger offering for platform customers.
- Stedi: Stedi provides an API-based B2B payment and EDI infrastructure with strong ACH and bank-rail focus, competing for the same automation-of-payment-ops buyer as Modern Treasury.
Broad incumbents
- Plaid: Plaid is a broader incumbent in financial data connectivity and bank account verification, increasingly moving into payment initiation (Plaid Auth + Transfer). It overlaps with Modern Treasury in developer-first payment infrastructure but is wider in scope.
- Marqeta: Marqeta is an established card-issuing and payment processing platform serving fintechs and platforms. While more card-centric, it competes for the same developer-first payment infrastructure budget at Modern Treasury customers.
Emerging players
- Highnote: Highnote is an embedded payments platform offering card issuing, accounts, and money movement APIs to fintech and SaaS companies, with partial overlap to Modern Treasury's programmatic accounts and payments use cases.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Modern Treasury social profiles
Digital presenceModern Treasury compliance and trust
Trust signalCompliance1 record
Modern Treasury financial estimates
Financial estimateRevenue estimate
Valuation estimate
Modern Treasury leadership team
Management profileNumber of profiles
Profiles5 records
Modern Treasury subsidiaries and ownership
Company hierarchySubsidiaries1 record
Modern Treasury funding detail
Funding detailFunding overview
Funding rounds6 records
Investors15 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Modern Treasury M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Modern Treasury
What does Modern Treasury do?
Modern Treasury provides an API-first payment operations platform that lets businesses programmatically open accounts and execute money movement across U.S. payment rails (ACH, wire, RTP, FedNow, push-to-card) and stablecoin rails (USDC, USDG, USDP, USDT) through a single integration. The platform includes a real-time double-entry ledger, KYC/KYB and AML compliance tooling, global USD accounts, and Modern Treasury AI for workflow automation. It is sold to fintechs, marketplaces, lenders, and investment platforms on a usage-based pricing model.
Is Modern Treasury a public or private company?
Modern Treasury is a private company. It is classified as venture growth investor backed and is currently operating.
When was Modern Treasury founded?
Modern Treasury was founded in 2018. It employs 101 to 250 people.
Where is Modern Treasury based?
Modern Treasury is headquartered in San Francisco, United States, in the North America region.
How does Modern Treasury make money?
One revenue line is on record: platform/Usage-based Pricing.
Who are Modern Treasury's main competitors?
Direct peers on record are Stripe Treasury, Dwolla, Unit, Increase, Synctera, Column (a16z-backed bank) and Stedi. Broad incumbents are Plaid and Marqeta. Highnote is listed as an emerging player.
Does Modern Treasury have an API?
Yes. Modern Treasury offers a public REST API enabling programmatic money movement and ledgering. The API supports Payments, Ledgers, and Routing Number endpoints. Developers can automate ACH, wire, RTP, FedNow, push-to-card, and stablecoin payments through a unified API. The platform provides real-time ledgering, reconciliation, compliance tools, and account infrastructure. Modern Treasury has processed over $400 billion in payments and maintains 99.99% uptime. Developer documentation is at docs.moderntreasury.com.
What industry is Modern Treasury in?
Modern Treasury's product category is Payment Infrastructure Software. Its primary akta.pro industry code is FSAGABAK, Cross-Border FX, Multi-Currency & Treasury for Payments, with a secondary code of FSAGAAAG, Treasury, Cash Management & Liquidity Tools (Sweeps, Cash Concentration). Its NAICS code is 522320 and its SIC code is 6199.