Full-Time

Software Engineer

Ledgers

Posted on 7/26/2024

Modern Treasury

Modern Treasury

51-200 employees

Payment operations software for enterprises

Fintech
AI & Machine Learning

Senior, Expert

San Francisco, CA, USA

Position can also be based out of New York.

Category
Backend Engineering
Full-Stack Engineering
Software Engineering
Requirements
  • 5+ years of professional software engineering experience
  • Experience working with large-scale, high-availability systems
  • Experience working with relational databases
Responsibilities
  • Get to know our leadership, culture, and values
  • Onboard with the engineering team
  • Ship your first commit on day 1
  • Take on 1-2 small tickets to address bugs or make minor improvements
  • Read our favorite industry primers
  • Ship your first major project
  • Write your first blog post
  • Talk with customers
  • Work with our product team to scope and ship products for both our engineering and finance users
  • Grow our team by mentoring engineers, contributing to internal tools and docs, and interviewing candidates

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 access to real-time financial data, all supported by artificial intelligence. This allows large enterprises in sectors like real estate, healthcare, and finance to manage their transactions more efficiently and securely. Unlike many competitors, Modern Treasury focuses on providing a subscription-based software as a service (SaaS) model, ensuring clients have continuous access to updates and features. The company's goal is to modernize outdated payment technologies and enhance the overall efficiency and security of financial operations for their clients.

Company Stage

Series C

Total Funding

$178.1M

Headquarters

San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion of instant payments support with six top banks enhances customer experience.
  • Professional Services offering creates a new revenue stream and strengthens customer relationships.
  • Inclusion in the 2024 Fintech Innovation 50 list boosts its recognition and appeal.

What critics are saying

  • Increased competition from fintech companies could erode Modern Treasury's market share.
  • Rapid adoption of instant payment systems may pressure Modern Treasury to innovate continuously.
  • AI-driven solutions expose the company to risks of biases and errors in financial data.

What makes Modern Treasury unique

  • Modern Treasury automates the full cycle of money movement for large enterprises.
  • The company offers AI-driven reconciliation to enhance financial workflows and cash visibility.
  • Modern Treasury provides professional services for tailored payment infrastructure integration.

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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

INACTIVE