Modern Treasury

Moderntreasury.com

FinTech

Founded: 2018

Last Round Valuation: $2.12B

Modern Treasury specializes in developing advanced payment operations solutions that streamline and automate the entire process of money movement. Their comprehensive suite of tools covers every aspect, starting from payment initiation, extending to approvals, and concluding with reconciliation. By offering robust and efficient payment operations, Modern Treasury empowers businesses across various industries such as real estate, healthcare, financial services, and marketplaces to effectively manage their financial transactions in real-time.

Modern Treasury Overview:

Modern Treasury is a leading provider of cutting-edge payment operations solutions designed to revolutionize the way businesses manage and automate their money movement processes. With a comprehensive suite of tools and services, Modern Treasury offers a seamless end-to-end solution that encompasses payment initiation, approval workflows, reconciliation, and reporting.

One of the key strengths of Modern Treasury is its ability to streamline and automate complex payment operations, providing businesses with the necessary tools to optimize their financial processes. By eliminating manual and time-consuming tasks, such as manual data entry and reconciliation, Modern Treasury enables organizations to focus on core business activities while improving efficiency, accuracy, and speed in their payment workflows.

Modern Treasury's solutions cater to a diverse range of industries, including real estate, healthcare, financial services, and marketplaces. This versatility highlights the company's commitment to addressing the unique payment challenges faced by businesses across various sectors. Whether it's managing rental payments for real estate companies, facilitating healthcare reimbursements, handling financial transactions for fintech firms, or powering payment operations for online marketplaces, Modern Treasury offers tailored solutions to meet specific industry requirements.

The platform provided by Modern Treasury seamlessly integrates with existing systems and financial infrastructure, ensuring a smooth transition and minimal disruption to business operations. With advanced APIs and secure data handling, Modern Treasury prioritizes data integrity, privacy, and compliance with industry regulations. This approach instills confidence in clients, knowing that their sensitive financial information is protected and handled with the utmost security.

Additionally, Modern Treasury recognizes the importance of customization and flexibility in meeting the unique needs of each business. Their solutions are designed to be highly configurable, allowing organizations to tailor workflows, approval processes, and reporting to align with their specific requirements. This level of customization ensures that businesses can adapt and scale their payment operations as they grow and evolve.

Founded by industry veterans with deep expertise in finance and technology, Modern Treasury has quickly established itself as a trusted partner in the payment operations space. Their focus on innovation, automation, and customer-centric solutions has earned them a solid reputation among businesses of all sizes, from startups to enterprises.

In summary, Modern Treasury's comprehensive payment operations solutions empower businesses to automate and optimize their money movement processes. By streamlining payment initiation, approvals, reconciliation, and reporting, Modern Treasury drives efficiency, accuracy, and compliance while providing a seamless and secure experience for clients. With its industry-specific solutions, commitment to customization, and strong focus on data security, Modern Treasury is a trusted partner for businesses seeking to modernize and transform their payment operations.

Founders:

  • Dimitri Dadiomov

  • Matt Marcus

  • Sam Aarons

Top Investors:

  • Benchmark

  • Y Combinator

  • TQ Ventures

  • Altimeter Capital

  • Quiet Capital

Funding History:


Date Share Type Amount Raised Raised to Date Issue Price Post Money Valuation Key Investors
Oct 2021 Series C $85MM $133.28MM $83.84 $2.12B Altimeter Capital, Benchmark, Quiet Capital
Jan 2021 Series B $37.95MM $48.28MM $12.70 $283MM Altimeter Capital, Benchmark, Y Combinator
Dec 2019 Series A-1 $1.88MM $1.88MM $0.71 $31.4MM Benchmark, Y Combinator, TQ Ventures
Dec 2019 Series A $8.45MM $8.45MM $1.54 $31.4MM Benchmark, Y Combinator, TQ Ventures

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