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Modernbanc
AddedMar 22, 2024
UpdatedJul 1, 2026
Modernbanc

Modernbanc

Seed

Modernbanc: All-in-one financial platform for swift banking product launch, data management, and accounting.

HQ
San Francisco, CA, US
Founded
2020
Accelerator
Y Combinator logoY CombinatorW20
Overview
Compare
Fundraising
Employees
Website

Modernbanc is dedicated to providing a modern financial infrastructure for developers, enabling swift banking product launches, data management, and accounting through an all-in-one platform. The company offers a comprehensive financial system of record that allows users to store, search, and encrypt data while managing accounting and payments seamlessly. Modernbanc focuses on serving modern companies by offering programmatic building blocks to connect partners and unlock scalability.

Modernbanc has significantly impacted the financial technology sector, playing a crucial role in the expansion of companies like Ontop into financial services. The platform's ability to maintain PCI-compliant checkouts and secure card data has been highlighted by industry leaders. The company's innovative approach to integrating payments and accounting solutions has positioned it as a key player in the market, driving growth and efficiency for its clients.

Modernbanc - Similar Companies

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Modernbanc - Quick Facts

Who are Modernbanc's competitors?

Companies similar to Modernbanc include Modern Treasury, Increase, Solid and co.dev.

When was Modernbanc founded?

Modernbanc was founded in 2020.

Where is Modernbanc's headquarters located?

Modernbanc's headquarters is located in San Francisco, CA, US.

When was Modernbanc's last funding round?

Modernbanc's most recent funding round was for $150k (USD) in March 2020.

How much has Modernbanc raised to-date?

As of Mar 22, 2020, Modernbanc has raised a total of $150k (USD).

How many employees does Modernbanc have?

Modernbanc has 6 employees as of Apr 25, 2024.

Modernbanc - Classification

Ownership
  • Venture Capital
Technology
  • API
  • Data
Geographic Exposure
  • Global
Model
  • Platform
Revenue
  • Recurring
  • Software
  • Transactional
Customer
  • Enterprise
  • Small Business
Main Product
  • Financial Platform
Tags
  • SaaS
NAICS
  • 520000Finance and Insurance
SIC
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice
Show 14 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 513210Software Publishers
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 6000Depository Institutions
  • 7300Business Services
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 8740Management And Public Relations Services
  • 7372Prepackaged Software
  • 8742Management Consulting Services