Modern Treasury — Startup Profile
Payment operations infrastructure for companies that move money
HQ: San Francisco, CA, USA | Founded: 2018 | Employees: ~150 | Stage: Series C | Website: https://www.moderntreasury.com
About
Modern Treasury provides payment operations software for companies, automating the lifecycle of money movement from payment initiation and approvals through reconciliation and reporting. Its current platform supports fiat and stablecoin workflows, programmable accounts, wallet infrastructure, stablecoin orchestration, and a unified ledger. The company says its infrastructure has powered $600 billion in payments.
The Take
Modern Treasury is a payment operations platform that combines APIs, programmable accounts, payment orchestration, real-time reporting, compliance tooling, and a proprietary ledger for businesses moving money at scale.
Key Metrics
- Latest Valuation: $2B+
- Last Round: $50M Series C Extension
- Total Funding: $183M
- Headcount: ~150
- Founded: 2018 (YC S18)
- Payment Volume: $600B+ processed
Funding Rounds
- Round: Undisclosed (2018) — Y Combinator
- Round: $10M (2019-12-19) — Benchmark
- Round: $38M (2021-01-12) — Altimeter Capital
- Round: $85M (2021-10-06) — Altimeter Capital
- Round: $50M (2022-03-30) — Salesforce Ventures, SVB Capital, Pareto Holdings
Key People
- Dimitri Dadiomov
- Matt Marcus
- Sam Aarons
- Matthew Janiga
- Kameryn Tanita
Key Competitors
- Stripe —
- Plaid —
- Treasury Prime —
- Dwolla —
- Formance —
- Numeral —
Timeline Highlights
- 2026-08-12: Check Payments Launch
- 2026-03-24: Solana Foundation Partnership
- 2026-03-11: Mastercard Crypto Partner Program
- 2026-02-18: PSP Launch
- 2025-10-22: Beam Acquisition
- 2025-05-01: AI Platform Launch
- 2024-11-14: Paul Auvil Joins Board
- 2022-09-15: Goldman Sachs TxB Partnership
- 2022-03-30: Series C Extension
- 2021-01-12: Series B Funding
- 2019-12-19: Series A Funding
- 2021-10-06: Series C Funding
- 2018: Company Founded
Recent News
- Modern Treasury raises $85M and passes a $2B valuation (2021-10-06)
- Modern Treasury Launches Integrated Payments Platform (PSP) (2026-02-18)
- Modern Treasury Joins Mastercard's Crypto Partner Program (2026-03-11)
- Solana Foundation Selects Modern Treasury as Payments Infrastructure Partner (2026-03-24)
- Modern Treasury Partners with Persona for Business Onboarding and Compliance (2026-04-21)
- Modern Treasury Adds Physical and Digital Check Payments to Unified API (2026-08-12)
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