Building payments infrastructure at scale? In NYC? Join us Jan 16th at the Gansevoort Rooftop in the Meatpacking District to learn how Bilt Rewards scaled to process $36B in annual payments. Modern Treasury X Bilt Rewards X J.P. Morgan Space is limited, register here: https://lnkd.in/gu8CrN-8
Modern Treasury
Technology, Information and Internet
San Francisco, CA 14,032 followers
Payment operations solutions that automate the full cycle of money movement.
About us
Modern Treasury is the operating system for the new era of payments, helping companies unlock growth, enhance customer experiences, and drive efficiency. The payment operations platform and best-in-class developer tools move companies forward with faster payments, effective workflows, full data visibility, and seamless bank integrations. Founded in 2018, San Francisco-based Modern Treasury serves leading companies across broad sectors of the economy like ClassPass, gusto, Marqeta, Procore, Navan, and more and is backed by investors Altimeter Capital, Benchmark, and Y Combinator. ################ Our Why We strive to become one of the best companies in the world by: Helping our customers build their own best companies. We build products to support our customers’ goals. We deliver on time and provide exceptional service. We aspire to do things right the first time, and if something goes wrong, we rectify it. Creating the conditions for personal and professional growth. We design our work environment to be uplifting and enriching, a place to engage in meaningful work, constantly learn, and pursue our long-term career journeys. Together, we create a space of psychological safety. We embrace diversity of thought, respectful debate, and intellectual curiosity. Making decisions for longevity. We focus on profitability, which protects our employees’ livelihoods and ensures our continued ability to serve customers. We do so with decency, dignity, and truthfulness, earning us the right and privilege to remain in business. We will sometimes fall short, but we are unapologetic about striving. We commit to the never-ending work it takes to build one of the world’s best companies.
- Website
-
https://www.moderntreasury.com
External link for Modern Treasury
- Industry
- Technology, Information and Internet
- Company size
- 51-200 employees
- Headquarters
- San Francisco, CA
- Type
- Privately Held
- Founded
- 2018
Locations
-
Primary
77 Geary
Floor 4
San Francisco, CA 94105, US
Employees at Modern Treasury
Updates
-
Procore Technologies, a leading global provider of construction management software, is changing how contractors manage payments with Procore Pay—their embedded payment solution powered by Modern Treasury. By streamlining traditionally complex payment workflows into an automated system, Procore achieved faster time-to-market by leveraging pre-built bank integrations, simplified payment operations, and enhanced customer experience with real-time payment visibility. Read more here: https://lnkd.in/g5_WBKrR
-
Over the last few years, the banking and fintech community has seen active conversation on the need for better ledgering. In this Journal, our Ledgers product lead, Koji Murase, shares best practices for maintaining a ledger. https://lnkd.in/g-Z9VwVF
-
Our co-founder and CEO, Dimitri Dadiomov, shares his thoughts on why and how third-party ledgers should improve.
It’s Time to Require Better Ledgers Responsible companies managing fintech products should be running on robust ledgers, and those ledgers should be accessible to banks. Here's my thoughts on improving the financial ecosystem for innovative products: https://lnkd.in/gC7b-6Yw
It’s Time to Require Better Ledgers
moderntreasury.com
-
Interesting deep dive into how Modern Treasury solved race conditions in payment systems. Thanks to Alvaro Duran who explored what we call "event locking" — an elegant approach to handling multiple transactions hitting the same account at once. The solution? A separate versioning system that maintains data integrity while improving code quality. Read the full analysis: https://lnkd.in/giMumBCt
How Modern Treasury Invented Event Locking
news.alvaroduran.com
-
Launching new products drives growth—but scaling payments to match can be a challenge. Whether you're embedding payments into a platform, launching a card program, or incorporating payments some other way, robust payment operations are essential. Explore how Modern Treasury helps businesses like Procore Technologies streamline payment operations as they grow and innovate: https://lnkd.in/g2RdQQNC
Powering New Product Growth with a Seamless Payment Operations Platform
moderntreasury.com
-
We're excited to welcome Paul Auvil to the Modern Treasury Board of Directors. Paul brings deep enterprise leadership experience, having served as the CFO of both VMware and Proofpoint. His expertise will be invaluable as we continue to scale our business and serve customers across a broad sector of the economy. Welcome, Paul!
Modern Treasury Adds Paul Auvil to Board of Directors
moderntreasury.com
-
We're thrilled to be joining Cross River’s webinar today at 1pm ET to discuss FDIC’s proposed FBO record-keeping rule and what it means for fintechs and banks. Our very own Kojiro M. will join Plaid’s Dana Weinstein, Bank Director’s Kiah Lau Haslett, and Cross River's Keith Vander Leest for a thoughtful conversation. There's still time to register: https://lnkd.in/gszqFePJ
-
As more companies embed payments into their products, they’re moving from first-party to third-party payment flows, where businesses move money on behalf of customers. Here’s why it matters: Seamless integration: Unlike first-party or operational/financial payments, third-party payments are product payments embedded within the product application. They’re considered part of the company's COGS (Costs of Goods Sold). Revenue lift: Third-party payments deliver significant product and revenue benefits, allowing companies like Airbnb and Starbucks to embed payments in their platform, reach new markets, and create new revenue streams thanks to simplified payment structures. Ten years ago, few companies embedded payments within their applications. But as software and payment innovation continue to converge, embedded payments have become one of the most dynamic payment areas.
-
Discover how Wholesail launched a B2B payments platform using Modern Treasury.