Modern Treasury is a Payment Operations company founded in 2018 and based in San Francisco, United States. It has raised $183.1M in total funding, most recently a Series C in 2022.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Mar 29, 2022 | Series C | $50M | — | SVB Capital, Salesforce Ventures |
| Oct 6, 2021 | Series C | $85M | $2B | Altimeter Capital |
| Jan 12, 2021 | Series B | $38M | — | Altimeter Capital |
| Dec 19, 2019 | Series A | $10M | — | Benchmark |
| Aug 21, 2018 | Pre-Seed | $125K | — | Y Combinator, Liquid 2 Ventures |
Modern Treasury's core product is a comprehensive payment operations platform that automates the full cycle of business money movement. It combines a suite of APIs and dashboards to give enterprises the ability to initiate, track, approve, and reconcile payments across ACH, wire, RTP, FedNow, and check rails. The platform provides real-time visibility into cash flow, automates reconciliation, and integrates with major banks, enabling finance teams to reduce manual errors and close books faster.
Launched in February 2026, Payments is Modern Treasury's integrated payment service provider (PSP) that helps companies build modern money movement experiences. It accelerates startups and product teams that need to embed both fiat and stablecoin payments into their products. The PSP leverages Modern Treasury's banking, blockchain, and compliance infrastructure so companies can get to market faster with a single API for all payment types, scaling as they grow.
Modern Treasury's real-time ledgering product enables businesses to track balances, transactions, and journal entries with sub-ledger accuracy. It provides a real-time, double-entry accounting layer that sits alongside payment flows, giving companies full data visibility and audit trails for every transaction. This product is designed for businesses that need to manage complex payment operations at scale with precise financial tracking.