Internship
Payment operations software for enterprises
No salary listed
No H1B Sponsorship
San Francisco, CA, USA
Internship requires working in the San Francisco office.
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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 The company's goal is to modernize outdated payment technologies and enhance the efficiency and security of financial operations for its clients.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
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Inclusive healthcare package
Unlimited PTO
Paid parental leave
$1k stipend to setup a home office
$500 yearly book stipend
Charitable donation matching
401k
Payment operations software platform Modern Treasury has partnered with Brico, the automated financial licensing platform, to facilitate embedded payments compliance.
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
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
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.
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.”