Modern Treasury

Modern Treasury is a fintech company based in San Francisco, founded in 2018 by Dimitri Dadiomov, Matt Marcus, and Sam Aarons. The founders previously worked together at LendingHome, where they recognized the challenges in large-scale payment processing. The company has received backing from notable investors such as Altimeter Capital, Benchmark, and Y Combinator. Modern Treasury offers payment operations software that automates the entire cycle of money movement. Their services include payment initiation through various methods like ACH and wires, real-time transaction monitoring, automated reconciliation, and banking system integration via APIs. Key features of their platform include a unified API for multiple payment rails, audit trails for compliance, multi-approval workflows, and automated error detection. The platform caters to high-growth companies in sectors such as real estate, healthcare, education, and financial services. Modern Treasury aims to streamline payment operations, helping businesses manage high transaction volumes efficiently and effectively.