Modern Treasury
One API for multi-rail payments, programmable accounts, real-time reporting and a unified ledger
By Modern Treasury · HQ San Francisco, US · 4.0/5 verified-buyer score
Positioning guardrails
Best for
- Platforms and fintechs embedding ACH, wires, RTP/FedNow, push-to-card and stablecoin payments
- Marketplaces, lenders, payroll, expense and AP platforms needing programmatic payouts and reconciliation
- Teams that want programmable accounts and a real-time ledger across fiat and stablecoins
- Companies that want KYB/KYC, transaction monitoring, AML, sanctions and wallet screening built in
- Businesses that want to start on an integrated PSP and add bank partners later without re-integrating
Ideal size: 50–2,500 people · Engineering-led scale-up or enterprise with a dedicated payments or finance-ops team
Not for
- Teams with only occasional, low-volume manual payments
- Buyers who need published self-serve list pricing or a free tier
- Companies needing broad domestic local-currency rails outside the U.S.
- Organisations unwilling to sign an annual term with a minimum commitment
- Buyers looking for a full accounting or ERP suite rather than payments infrastructure
Value metrics scorecard
Time-to-Value
1–2 weeks
~14 days to first production value
Total Cost of Ownership
$0/yr
Starts at $0 · Usage-based platform and payment fees billed on annual terms; all fees apply to a single minimum commitment. Exact price depends on volume, rails used and account structure.
Implementation Friction
3/5
Engineering + admin effort required
Buyer Score
out of 5 · verified buyers
Full cost breakdown
Mandatory implementation fee
None
Seat tiers
No published seat tiers; a single minimum commitment covers platform and usage fees
Add-on costs
- Per-payment rail fees (ACH, wire, RTP/FedNow, push-to-card, checks) plus conversion fees on stablecoin on/off-ramps
- Ledger usage tiers priced separately from platform access
Company & support
Who is behind Modern Treasury, and how your team gets help once it is live.
Company
- Founded
- Not recorded
- Headquarters
- San Francisco, US
How you get support
- PhoneNot listed
- EmailPlan not stated
- Live chatNot listed
- Support portal / ticketsNot listed
- Community forumNot listed
- Help centre / docsPlan not stated
- Dedicated account managerNot listed
- In person / on-siteNot listed
- Hours
- Not recorded
- Response time
- Not stated
Vendor lists [email protected] for complaints and a Help & Support area answering common questions. No support phone line, ticketing portal, live chat or published support SLA is stated.
“Not listed” means the vendor’s public pages don’t mention that channel, not that it is unavailable. Ask about it during evaluation.
Market position
Where Modern Treasury sits relative to every other solution in the database. Toggle axes to compare on cost, speed, friction, or buyer score.
Quadrant view
Typical annual cost × Time-to-value
Stack fit signal
Compatibility with standard B2B ecosystems.
No supported MCP path today, so it cannot be driven from an AI client.
AI & MCP readiness
What Modern Treasury ships in AI, and what it asks of your ecosystem.
Industry verdicts
How Modern Treasury speaks to each vertical it serves — same data, sector lens.
Fintech & Financial ServicesMove money fast without moving risk.
Best for in Fintech & Financial Services
- Lenders, brokerages, treasury and wealth platforms moving money programmatically
- Stablecoin-native and cross-border providers needing fiat on/off-ramps
- Payments companies that want KYB/KYC, AML, sanctions and wallet screening included
- Firms that prefer to start on a PSP and add bank partners as they scale
Not for
- Firms needing many domestic local-currency rails outside the U.S.
- Teams wanting a card-issuing or BIN-sponsor programme
Modern Treasury's core market: financial services firms appear throughout its customer stories, including Anchorage Digital, DriveWealth, Parafin, Pipe, Settle, Valon, Wholesail and Capchase, spanning lending, brokerage, treasury and stablecoin cross-border payments. The platform supplies programmable accounts, a real-time ledger and KYB/KYC plus transaction, sanctions and wallet screening, and the vendor states customers do not need their own licences to move money on U.S. rails and stablecoins. Coverage is strongest on U.S. rails; local-currency domestic rails outside the U.S. are not evidenced.
ConstructionWin bids, run sites, keep projects on margin.
Best for in Construction
- Construction software platforms paying contractors and subcontractors at scale
- Title, escrow and mortgage flows needing real-time reconciliation
- Companies automating progress and vendor payments through an API
Not for
- Small contractors wanting a standalone bookkeeping or AP tool
- Teams with no software engineering capacity for an API integration
Construction and real-estate payment flows are an explicit focus: Procore delivers faster payments for contractors with Modern Treasury, and the customer list includes GrowIt (real estate capital raises), Groma, Stewart Title and Valon for mortgage servicing. Best fit is a construction-software, title or escrow platform that pays many parties programmatically and needs automatic reconciliation on a unified ledger. Firms wanting basic AP bill pay for their own back office, or a contractor-facing bookkeeping product, will find this infrastructure layer heavier than needed.
Professional ServicesBill hours faster, staff smarter.
Best for in Professional Services
- Legal and escrow businesses digitising client fund movement
- AP-automation providers paying vendors on behalf of clients
- Vertical software vendors embedding payments into their product
Not for
- Small practices with low payment volume wanting per-seat pricing
- Firms seeking practice-management or matter-management features
Legal, escrow and AP-automation payments appear in the customer stories: Disbo digitises payments for law firms, Stewart Title and PayKeeper handle escrow at scale, and AvidXchange scales accounts payable payments. The fit is a software vendor or services firm moving client money programmatically with reconciliation and compliance built in. Small practices that simply want to pay vendors occasionally, or that need practice-management functionality, are out of scope.
HealthcareMore patients, less paperwork.
Best for in Healthcare
- Healthcare payment platforms needing fast, tracked payouts and reconciliation
- Benefit-administration and claims-settlement flows on U.S. rails
Not for
- Providers looking for clinical, EHR or patient-record functionality
- Buyers requiring an explicit HIPAA commitment from the vendor
Healthcare payment operations are evidenced by Sana, which scales payment operations in healthcare using Modern Treasury. Suited to healthcare payment platforms and benefit-administration flows that need fast payouts, tracking and reconciliation on U.S. rails. The product does not provide clinical, EHR or patient-record functionality, and HIPAA is not claimed on the vendor's security page, so organisations handling PHI should validate coverage independently before adopting.
Compliance attestations
* IAPP AIGP certifies individuals, not products. It means named staff hold the credential — not that the platform does.
Bottom line
Modern Treasury is payments infrastructure for companies that move money as part of their product. One API and a proprietary ledger cover ACH, wires, RTP/FedNow, push-to-card, checks and stablecoins, plus programmable accounts, reconciliation and built-in KYB/KYC, AML, sanctions and wallet screening. Teams start on an integrated PSP and add bank partners later without changing the integration. Usage-based pricing runs on annual terms with a minimum commitment; no price is published. It reports $600B in payments processed and 99.99% uptime.
Frequently asked questions
How is Modern Treasury priced, and is there a minimum commitment?
Pricing combines platform access with usage-based payment fees across ACH, wires, RTP/FedNow, push-to-card, checks and stablecoins. The vendor sells on annual terms and states that all platform and usage fees apply toward a single minimum commitment; there is no published rate card, and exact pricing depends on volume, rails used and account structure. Per-unit costs decrease as volume grows, and Ledgers are priced in separate usage tiers.
Do we need our own bank partner or money-transmitter licences to get started?
No. The vendor states you can start on its integrated PSP and bring your own bank partner later if and when you choose, and that you can rely on its built-in compliance and regulatory coverage to move money across U.S. rails and stablecoins. It also handles ongoing requirements such as KYB/KYC for your business and customers, transaction monitoring, AML checks, sanctions screening and wallet screening.
How long does implementation take?
Modern Treasury positions launch in days rather than months through a single API and a unified ledger, and customers such as ClassPass and Procore cite simplified integration. One published customer story references an eight-hour implementation with fully automated payment flows. Realistic timelines still depend on the rails, account structure and compliance onboarding you require, so treat days-to-weeks as the design target, not a guarantee.
Which payment rails and banks are supported?
The platform covers ACH, wires, RTP/FedNow, push-to-card, checks and stablecoin on/off-ramps, with a unified ledger tracking all activity. It sits on top of existing bank accounts and publishes integrations with banks including Bank of America, Citibank, Goldman Sachs, JP Morgan Chase, PNC, US Bank, Wells Fargo, Cross River, Increase and Western Alliance.
What security and compliance certifications does the vendor hold?
The security page states SOC 2 Type II and SOC 1 Type II compliance, re-assessed annually, plus PCI DSS 4.0 certification, alignment with NIST CSF 1.1, and a Data Processing Addendum supporting GDPR, CCPA and CPRA obligations. Product controls include granular roles, actionable and exportable audit logs, SAML/SCIM/MFA, encryption in transit and at rest, and third-party penetration testing with a HackerOne bug bounty.
Can we keep our existing bank accounts and providers?
Yes. Modern Treasury describes itself as sitting on top of your existing bank accounts, letting you move money at scale with custom workflows, automatic reconciliation, ledgering and KYB/KYC checks. You can begin with the integrated PSP for fiat and stablecoins, then add direct bank partners as you grow without changing your integration.