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Modern Treasury
AddedMar 17, 2024
UpdatedJul 1, 2026
Modern Treasury

Modern Treasury

Series C

Modern Treasury automates payment cycles and enriches financial data via web or API.

HQ
Cacheu Region, GW
Founded
2018
Accelerator
Y Combinator logoY CombinatorS18
Overview
Compare
Fundraising
Employees
Website

Modern Treasury's core mission is to streamline and automate the full cycle of money movement, enhancing financial operations for businesses. The company offers tools that facilitate payment initiation, approvals, and reconciliation through a web application or API. Their services target finance teams seeking real-time financial data, faster payments, and automatic reconciliation, leveraging AI to optimize these processes.

Modern Treasury has made significant strides in the fintech industry, providing essential infrastructure for modern payment operations. Their platform has gained recognition for its ability to move, track, and reconcile money in real-time, significantly improving financial workflows. Notable figures such as Joe Montana and the team from Acquired have featured in their sessions, highlighting the company's influence and reach within the sector.

Modern Treasury - Products & Services

  • Modern Treasury — Payment Operations Platform logo

    Modern Treasury — Payment Operations Platform

    API-first payment operations platform for bank money movement, ledgering, and reconciliation.

    Competing Products

    Proper logo

Modern Treasury - Similar Companies

Proper logo

Proper

Modern Treasury - Quick Facts

Who are Modern Treasury's competitors?

Companies similar to Modern Treasury include Proper.

When was Modern Treasury founded?

Modern Treasury was founded in 2018.

Where is Modern Treasury's headquarters located?

Modern Treasury's headquarters is located in Cacheu Region, GW.

When was Modern Treasury's last funding round?

Modern Treasury's most recent funding round was for $50M (USD) in March 2022.

How much has Modern Treasury raised to-date?

As of Mar 30, 2022, Modern Treasury has raised a total of $183.1M (USD).

How many employees does Modern Treasury have?

Modern Treasury has 160 employees as of Mar 1, 2024.

Modern Treasury - Classification

Ownership
  • Equity
  • Venture Capital
Technology
  • AI
  • Analytics
Revenue
  • Recurring
  • SaaS
  • Transactional
Customer
  • Enterprise
Tags
  • API
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice