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Modern Treasury

Funding History

$0$500M$1.0B$1.5B$2.0B20222023
Valuation by funding round
Series C · 03/2022$2.0B

Overview

Modern Treasury builds payment operations software that lets companies move and track money across bank rails and, more recently, stablecoins from a single API and dashboard. Its platform automates the full lifecycle of a payment -- initiation, approval, execution, and reconciliation -- and includes a ledger database, virtual/global USD accounts, and compliance tooling that sits on top of ACH, wire, real-time payment (RTP/FedNow), and card rails. Modern Treasury was founded by Dimitri Dadiomov, Matt Marcus, Sam Aarons.

The company was founded in 2018 by Dimitri Dadiomov (CEO), Matt Marcus (CPO), and Sam Aarons (CTO), and went through Y Combinator's Summer 2018 batch. It is headquartered in San Francisco, California.

Modern Treasury has since expanded its product suite into embedded ACH, lending and payroll integrations, rewards-program payouts, programmatic sub-accounts, and -- following its acquisition of stablecoin-orchestration startup Beam -- non-custodial stablecoin wallets and stablecoin orchestration, positioning the company's newer pitch as a single API for both fiat and stablecoin money movement.

Private securities are speculative, illiquid, and involve risk of complete loss of principal. You should be prepared to hold private securities for an extended period; there is no assurance of a secondary market, an IPO, or other liquidity event. You are fully responsible for conducting your own due diligence. Pricing is indicative — nothing here is an offer of securities.

For more information, view our disclosures.