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Modern Treasury provides payment operations software for large enterprises through a SaaS platform. It helps customers automate and streamline money movement by handling payments, real‑time data, and reconciliation, with AI enhancements to improve accuracy and insight. The product works by connecting banking rails, processing payments, and automatically matching outgoing transfers to their records, all accessible via a cloud-based interface and APIs. What sets Modern Treasury apart is its focus on high‑volume, enterprise clients across industries such as real estate, healthcare, insurance, education, and financial services, offering scalable, secure, and transparent payment workflows that integrate with existing systems. The company aims to reduce the time and risk involved in payment operations, enabling enterprises to move money faster and more confidently at scale.
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
51-200
Company Stage
Series C
Total Funding
$183.1M
Headquarters
San Francisco, California
Founded
2018
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Total Funding
$183.1M
Above
Industry Average
Funded Over
5 Rounds
Industry standards
Inclusive healthcare package
Unlimited PTO
Paid parental leave
$1k stipend to setup a home office
$500 yearly book stipend
Charitable donation matching
401k
Modern Treasury's Payment Service Provider launches a new developer experience for instant push-to-card payouts. Developers using Modern Treasury's PSP can now send instant, 24/7/365 payouts to U.S. debit cards over Visa Direct and Mastercard Send with a new developer experience built to get them live faster. San Francisco, CA - [August 5, 2026] - Modern Treasury today announced that its Payment Service Provider (PSP) has expanded its push-to-card capabilities to better support instant payouts to U.S. debit cards over Visa Direct and Mastercard Send. Alongside these capabilities, Modern Treasury is launching a new developer experience with a cleaner codebase, more expansive sandbox environment, revamped API documentation, and fewer API calls to orchestrate stablecoin workflows. Speed Is No Longer Optional Recipients now expect to be paid the moment a payment is triggered. Marketplaces paying sellers, gig platforms paying drivers, and consumer apps disbursing proceeds are all under pressure to close the gap between "payment approved" and "funds available." Push-to-card rails like Visa Direct and Mastercard Send close that gap for recipients with an eligible debit card by moving funds in seconds instead of the two to five business days a standard ACH credit can take. Because those networks reach virtually every debit card-linked bank account in the U.S., push-to-card also helps platforms reach more users. To support this, Modern Treasury's new developer experience lets platforms easily launch and scale products that cut the time it takes to move funds, whether in stablecoins or fiat, to a U.S. debit card. What This Means for Developers With this new push-to-card developer experience on Modern Treasury's PSP, customers can: * Send instant payouts to eligible U.S. debit cards over Visa Direct and Mastercard Send * Benefit from infrastructure enhancements built for scale, with improved stablecoin orchestration that speeds up the path from wallet to U.S. debit card * Run every push-to-card and stablecoin-to-fiat payout through Modern Treasury's built-in AML screening and monitoring controls, with no separate compliance integration required * Manage these payouts within the same API, ledger, and reconciliation workflows used for ACH, wires, RTP, FedNow, and stablecoins * Get to production faster with revamped API documentation and a more expansive sandbox environment "We're focused on making it effortless for people to actually spend their crypto. Stablecoin-to-fiat orchestration gives our users a seamless way to move funds straight from their wallet into their bank account. Push-to-card takes that a step further by giving us a broader range of banks while requiring less input from the user, so there's even less friction between a stablecoin balance and instant spendable cash," said Chris Sheehan, Co-Founder and CEO at Spritz Finance. By supporting instant payouts to a wallet, bank account, or card, Modern Treasury's PSP gives customers the flexibility to route funds however their recipients want to receive them. "Whether it's paying gig workers after a shift or a peer-to-peer payment, customers expect funds to arrive in minutes," said Matt Marcus, Co-Founder and CEO of Modern Treasury. "Our expanded support for Visa Direct and Mastercard Send gives developers a faster, more scalable way to build these instant payout experiences so they can bring new products to market with confidence." To learn more about leveraging push-to-card through Modern Treasury's Payments API, visit moderntreasury.com/products/payments. About Modern Treasury Modern Treasury provides the most trusted infrastructure for global money movement. Trusted by leading enterprises and financial institutions, the platform helps businesses launch and scale payment experiences in days, not months, with best-in-class developer tools and a single API for both fiat and stablecoin transactions. With built-in compliance, ledgering, and reporting, Modern Treasury enables instant, reliable, and scalable money movement for companies of all sizes. Backed by leading investors including Benchmark, Altimeter, and Salesforce Ventures, Modern Treasury has powered over $600 billion in payments for hundreds of organizations. Ready to get started? Connect with its team of experts to learn how to leverage its integrations for your needs.
GrowIt selects Modern Treasury to power payments for real estate capital raises. The partnership enables GrowIt customers to collect, manage, and distribute investor funds through a single Payments API supporting ACH, RTP, FedNow, and wire transfers. San Francisco, CA - [July 29, 2026] - Modern Treasury today announced that GrowIt, the all-in-one platform for real estate syndications, joint ventures, and funds, has selected the company's Payment Service Provider (PSP) to power the payments infrastructure behind its capital raise and investor distribution platform. GrowIt helps sponsors and general partners set up and manage capital raises end-to-end by handling entity formation, SEC compliance filings, legal documentation, and investor onboarding, so they can go from deal setup to raising capital in as little as seven days. Once a deal is live, GrowIt gives sponsors a single platform to onboard investors, collect capital, and send distributions. To date, GrowIt has formed more than 100 SPVs and supports over $100 million in equity under management on its platform. By integrating Modern Treasury, GrowIt automates money movement throughout the lifecycle of every real estate investment. The platform can open and manage payment accounts for each investment entity, collect investor funds, reconcile incoming payments, and send investor distributions through ACH, RTP, FedNow, and wire transfers, all through a single Payments API. With Modern Treasury, GrowIt can: * Programmatically open and manage named payment accounts with unique account and routing numbers for each syndicate, JV, or fund entity * Collect investor capital and track funding status against each raise in real time * Send investor distributions via ACH, RTP, FedNow, and wires at the individual, hurdle, and deal level * Maintain real-time visibility into capital raised, held, and distributed across every deal For GrowIt, whose platform is designed to eliminate the manual work involved in real estate fundraising, a unified payments infrastructure is essential to delivering a seamless experience for sponsors and investors. "Sponsors come to us because they want to spend their time closing deals instead of chasing down accounts and wiring distributions by hand," said Lucas Parelius, Co-Founder and CEO of GrowIt. "Modern Treasury lets us move investor capital in and distributions back out, over ACH, RTP, FedNow, and wires, without building or maintaining that infrastructure ourselves, so we can keep our promise of a fixed timeline and fixed cost to every sponsor on our platform." GrowIt's decision reflects a common example among fast-growing SaaS platforms: money movement is critical, but it isn't where they want to spend a bulk of their engineering roadmap. "GrowIt is giving sponsors something that a notoriously manual industry hasn't had before," said Matt Marcus, Co-Founder and CEO of Modern Treasury. "We're proud to reliably power the payments underneath that promise, so GrowIt can focus on delivering it at scale." About Modern Treasury Modern Treasury provides the most trusted infrastructure for global money movement. Trusted by leading enterprises and financial institutions, the platform helps businesses launch and scale payment experiences in days, not months, with best-in-class developer tools and a single API for both fiat and stablecoin transactions. With built-in compliance, ledgering, and reporting, Modern Treasury enables instant, reliable, and scalable money movement for companies of all sizes. Backed by leading investors including Benchmark, Altimeter, and Salesforce Ventures, Modern Treasury has powered over $600 billion in payments for hundreds of organizations. About GrowIt GrowIt is the all-in-one platform for real estate syndications, joint ventures, and funds. GrowIt helps sponsors and general partners launch and manage capital raises end-to-end, including entity formation, SEC compliance filings, legal documentation, and investor onboarding, so they can go from deal setup to raising capital in as little as seven days, at a fixed cost. To date, sponsors have used GrowIt to form more than 100 SPVs and manage over $100 million in equity. Ready to get started? Connect with its team of experts to learn how to leverage its integrations for your needs.
Modern Treasury has partnered with Sardine to enhance fraud prevention and transaction monitoring for businesses handling payments. The integration adds real-time monitoring and risk infrastructure to Modern Treasury's payments platform, helping customers identify and stop fraudulent activity more effectively. The combined solution enables teams to monitor transactions in real time across multiple payment rails including stablecoins, ACH, Wire, RTP, FedNow and Push-to-Card. It also screens wallets, automates risk checks and reduces manual reviews whilst maintaining strong controls. Modern Treasury's platform already includes compliance controls, payment rail connectivity and ledgering capabilities. With Sardine's transaction monitoring, customers gain an additional security layer without requiring separate integrations. Modern Treasury has powered over $400 billion in payments for hundreds of organisations.
Symphony, a fintech building a savings platform offering 5% APY plus credit-card-style rewards points, has selected Modern Treasury to power its payment infrastructure. The platform allows users to earn rewards on savings and redeem points through partnerships with over 15 airlines and hotel groups. Modern Treasury's infrastructure will enable Symphony to orchestrate money movement across traditional banking and stablecoin rails, managing customer funding flows and connecting fiat balances with stablecoin capabilities. Symphony's infrastructure has processed over $500 million in volume over three years. The partnership reflects growing demand for financial products combining traditional banking security with modern payment network capabilities. Modern Treasury, backed by Benchmark and Altimeter, has powered over $400 billion in payments for hundreds of organisations.
Symphony selects Modern Treasury's payments infrastructure to power rewards savings platform. The partnership enables Symphony to deliver fixed 5% APY savings, automated deposits, rewards on every dollar saved, and seamless money movement between traditional fiat and stablecoin rails San Francisco, CA - [June 17, 2026] - Modern Treasury today announced that Symphony, the fintech company building a savings platform that lets users earn credit-card-style points on their savings with a fixed 5% APY, has selected Modern Treasury to power the money movement infrastructure behind its rewards savings experience. By combining a fixed 5% APY with rewards on every dollar saved, Symphony introduces a new category of savings - one that rewards for saving instead of spending. Through partnerships with more than 15 leading global airlines and hotel groups, consumers can redeem points for travel and exclusive experiences. Symphony leverages Modern Treasury's infrastructure to orchestrate money movement across both traditional banking and stablecoin rails. "For decades, financial products have rewarded consumers for spending more," said Vik Chawla, Founder and CEO of Symphony. "As we build the future of savings, we wanted infrastructure that could support both traditional financial products and emerging digital asset experiences. Modern Treasury gives us a flexible foundation to move money across both worlds." Through Modern Treasury, Symphony will be able to manage customer funding flows, automate movement between accounts, and build experiences that connect fiat balances with stablecoin-based capabilities. Modern Treasury's platform provides a single system for initiating, tracking, and reconciling money movement across banking and blockchain rails. Symphony joins a growing number of innovative fintech companies using Modern Treasury to build next-generation financial products. In addition to a fixed 5% APY, Symphony offers automated recurring deposits, real-time savings and rewards tracking, travel and lifestyle redemptions, and AI-powered customer support. Symphony's services are powered by regulated banking and financial services providers. "Consumers expect financial products that combine the security of traditional banking with the speed and programmability of modern payment networks," said Matt Marcus, Co-Founder and CEO of Modern Treasury. "Modern Treasury Corp is excited to support Symphony as they build a new category of savings product that bridges fiat and digital assets through a unified money movement platform. Explore Modern Treasury's stablecoin payments API and orchestration capabilities at www.moderntreasury.com/products/stablecoins. About Modern Treasury Modern Treasury provides the most trusted infrastructure for global money movement. Trusted by leading enterprises and financial institutions, the platform helps businesses launch and scale payment experiences in days, not months, with best-in-class developer tools and a single API for both fiat and stablecoin transactions. With built-in compliance, ledgering, and reporting, Modern Treasury enables instant, reliable, and scalable money movement for companies of all sizes. Backed by leading investors including Benchmark, Altimeter, and Salesforce Ventures, Modern Treasury has powered over $400 billion in payments for hundreds of organizations. About Symphony. Symphony, a financial technology company, is building the first consumer savings app that lets users earn credit-card-style points on their savings with a fixed 5% APY. By partnering with several of the largest global airline and hotel groups, Symphony allows consumers to redeem points for travel and exclusive experiences. Built over the past three years, Symphony's infrastructure has processed more than $500 million in volume, powering several fintechs and AI startups. Now, it powers their mass-market savings product. Ready to get started? Connect with its team of experts to learn how to leverage its integrations for your needs.
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Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
51-200
Company Stage
Series C
Total Funding
$183.1M
Headquarters
San Francisco, California
Founded
2018
Find jobs on Simplify and start your career today