Internship

Software Engineer – Intern

Posted on 2/1/2025

Modern Treasury

Modern Treasury

201-500 employees

Payment operations software for enterprises

No salary listed

No H1B Sponsorship

San Francisco, CA, USA

Internship requires working in the San Francisco office.

Category
FinTech Engineering
Full-Stack Engineering
Software Engineering
Requirements
  • Currently pursuing a Bachelors or Masters in Computer Science or a related field
  • Strong interest in Fintech technology and/or learning more about it
  • Possess an authentic interest in getting to know our engineers, products, the culture, and our values
Responsibilities
  • Work cross functionally with various teams to build products and features for users
  • Focus on building payment products that are innovative and modern
  • Write and ship high quality code starting within the first few days
  • Deliver a major project within the first few weeks
Desired Qualifications
  • Previous internship experience is advantageous but not required
  • A big plus if you happen to have payments or banking experience

Modern Treasury specializes in payment operations software designed to improve how money moves across various industries. Their software enables faster payments, automatic reconciliation of transactions, and provides real-time financial data, all supported by artificial intelligence. This allows large enterprises in sectors like real estate, healthcare, insurance, education, and financial services to manage their transactions more efficiently and securely. Unlike many competitors, Modern Treasury focuses on serving large clients with significant transaction volumes, offering a subscription-based software as a service (SaaS) model that ensures continuous access to updates and features. The company's goal is to modernize outdated payment technologies and enhance the efficiency and security of financial operations for its clients.

Company Size

201-500

Company Stage

Series C

Total Funding

$183.1M

Headquarters

San Francisco, California

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Embedded finance trend aligns with Modern Treasury's partnership with Brico for embedded payments.
  • Expansion of instant payments support reflects growing demand for faster transactions.
  • AI-driven automation in financial operations is gaining traction, boosting Modern Treasury's offerings.

What critics are saying

  • Emerging fintech startups could erode Modern Treasury's market share.
  • Rapid AI advancements may require significant investment to keep up.
  • Potential regulatory changes could impose additional compliance costs on Modern Treasury.

What makes Modern Treasury unique

  • Modern Treasury automates the full cycle of money movement with AI-driven tools.
  • The company offers a SaaS model, ensuring continuous updates and steady revenue.
  • Modern Treasury's enhanced reconciliation product addresses complex financial workflows at scale.

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Benefits

Inclusive healthcare package

Unlimited PTO

Paid parental leave

$1k stipend to setup a home office

$500 yearly book stipend

Charitable donation matching

401k

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

2%

2 year growth

-1%
Electronic Payments International
Feb 27th, 2025
Modern Treasury, Brico team up to support embedded payments

Payment operations software platform Modern Treasury has partnered with Brico, the automated financial licensing platform, to facilitate embedded payments compliance.

PYMNTS
Feb 15th, 2025
From Back Office To Strategic Powerhouse: Ap’S Transformation In 2025

Ongoing economic challenges have thrust accounts payable (AP) departments into the spotlight. As businesses navigate uncertain financial landscapes, the efficiency of AP processes and the strategic management of cash flow have become critical factors in maintaining competitiveness. AP teams are now expected to contribute directly to the financial health of their organizations by optimizing working capital, identifying cost-saving opportunities and providing real-time financial insights. Driving this transformation has been the explosive growth of new technologies such as advanced automation and artificial intelligence (AI). As companies contend with multiple pressures, supporting cash flow with faster processing and leveraging data for decision-making are essential. Within this new paradigm, innovation is set to become AP teams’ indispensable tool for navigating the challenges ahead

Tech in Asia
Dec 6th, 2024
Indonesia’S Youth Turn Frugal – Are D2C Startups At Risk?

Indonesian youth are increasingly adopting more frugal lifestyles. According to a recent report by the IDN Research Institute, 49% of millennials (those aged between 28 and 43) and 56% of Gen Z (those aged between 12 and 27) in the country have become more cost-conscious. Startups relying on direct-to-consumer business models could face challenges, as they often target millennials and Gen Z due to their market size. Together, these demographics make up around half of Indonesia’s population.What can D2C startups do to retain these customers?. Growing economic pressures

Modern Treasury
Nov 14th, 2024
Modern Treasury Adds Paul Auvil to Board of Directors

SAN FRANCISCO, NOVEMBER 14, 2024 - Modern Treasury, the leading payment operations platform built for the Instant Economy, today announced the appointment of Paul Auvil as a new independent board member.

PYMNTS
Aug 14th, 2024
Modern Treasury Expands Its Support For Instant Payments

Modern Treasury has expanded instant payments support for mutual clients of six top banks. “Money is moving swiftly toward a real-time future, and seeing customers use Modern Treasury to enable instant payments with some of the largest banks in the U.S. is a testament to the accelerating adoption of these exciting new payment rails,” Modern Treasury Co-founder and CTO Sam Aarons said in a news release Wednesday (Aug. 14). “By making instant payments easier to access for our customers, we’re helping them deliver better customer experiences while enabling real-time insight into cash flow.”

INACTIVE