Payment operations solutions
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Modern Treasury's mission is to help their customers build their own best companies by simplifying and modernizing business payments.
Union Square, San Francisco, CA
Many candidates hear
back within 2 weeks
-6% employee growth in 12 months
CTO of Otta
Modern Treasury is a fintech company looking to modernise legacy B2B banking by accelerating the pace of payments. Their payments operation software offers real-time transaction tracking, as well as an API or dashboard to help companies manage payments from a single place. With approximately $120 trillion B2B business payments processed annually globally, Modern Treasury are tapping into a huge market opportunity.
Key to the success of their offering has been to renovate legacy payment methods, such as checks. Their software significantly reduces the processing time required to carry out transactions - and is applicable across a broad swathe of high-value sectors like real estate, healthcare, and financial services.
With the market expanding rapidly and the pace of digital transformation accelerating, Modern Treasury’s smart offering has seen the company enjoy impressive growth. Founded in just 2018, they quickly reached Unicorn status. Partnerships with the likes of Metropolitan Commercial Bank and the development of products like the Swift alternative Global ACH, shows Modern Treasury to be a highly valuable market solution that is adeptly navigating a growing customer base.
Last 2 fundraises
This company has top investors
Y Combinator alum Modern Treasury raises $38 million
Modern Treasury Expands Executive Team and Wins New Enterprise Customers Procore, Splitwise, and TripActions
They studied at Stanford and Harvard, and have held senior positions at Foundation Capital and LendingHome.
A Dartmouth graduate and former Y Combinator member, they worked at LendingHome as a Senior Software Engineer.
They studied Computer Science at Columbia, and were a Senior Software Engineer at LendingHome.
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