Payment operations and integrated PSP for platforms that move money, not a consumer retail bank brand and not a chartered bank. Talk to us and Start building are the intake. Usage-based pricing on /pricing with annual terms and a minimum commitment; contact for a quote. Modern Treasury Corp. is a technology company; bank partners and other regulated Payments Partners hold and move funds. Live money still needs KYB and partner path.
What it is
Modern Treasury is Modern Treasury Corp.’s payment operations and money-movement platform for companies that want to launch and scale payment products with a unified API, ledger, and compliance layer. Live marketing brand is Modern Treasury. Legal: Modern Treasury Corp. on the Customer Agreement and Privacy Policy; M-Cubed Labs, Inc. (parent Modern Treasury Corp.) on Terms of Use for the hosted payments Services. Canonical marketing domain confirmed live at https://www.moderntreasury.com/ (WebFetch 200 at research; box curl to the marketing host returned Vercel 403). Page title: Modern Treasury - Build Products That Move Money. Homepage H1: Build Products That Move Money. Homepage: Launch payment experiences in days, not months. One API for multi-rail payments, programmable accounts, real-time reporting, and built-in compliance. About: The Most Trusted Infrastructure for Payments. A single API for fiat and stablecoins.
Primary product surfaces on the current site: Modern Treasury Payments / products/payments (integrated PSP), Ledgers (/ledgers and /products/ledgers), Integrations (/integrations) for Bring Your Own Bank connections, Pricing (/pricing), About (/about), Journal and Newsroom. Docs: https://docs.moderntreasury.com/ (Payments Overview and Platform docs). App signup: https://app.moderntreasury.com/sign_up. Payments marketing: An integrated payment service provider (PSP) that moves money across ACH, wires, RTP, FedNow, and stablecoins, with accounts and compliance built in. Start with the PSP; add direct bank partners as you grow without changing the integration. Spring 2026 Product Release Recap (May 14, 2026) and Feb 18, 2026 Payments launch: programmatically open named U.S. accounts; pay-ins and payouts via ACH, wire, RTP, FedNow, push-to-card, and stablecoins; every fiat or stablecoin transaction posts to a double-entry ledger in real time.
This page is Modern Treasury payment operations for platforms: payment accounts, ledger, reconciliation, and multi-rail money movement (fiat and stablecoin) through one API. Adjacent Modern Treasury surfaces are Modern Treasury’s. They are not this page. Deep stablecoin partnership marketing (Beam acquisition, Circle Alliance, Global Dollar Network, Paxos packaging), wallet infrastructure packaging, AI / bank-operations agent marketing, MTL-holder vertical pages, and bank-buyer partnership packaging on Integrations FAQs are Modern Treasury’s. They are not this page.
Who it’s for
Shapes from homepage, Payments, Ledgers, Why We Built Payments, Beyond BaaS, Pricing FAQs, Integrations, and docs:
- Software platforms embedding pay-ins and payouts, which Payments and the Feb 2026 launch sell as companies that onboard users with KYC/KYB, open payment accounts, and move money on ACH, wire, RTP, FedNow, push-to-card, checks, or stablecoins through one API.
- Marketplaces, payroll, lending, creator, and vertical SaaS builders, which Why We Built Payments and the Spring 2026 recap sell as teams that need sub-account reconciliation, multi-party distribution, and faster rails without stitching a processor, bank, ledger, and reconciliation layer by hand.
- Companies that already hold bank relationships and want payment ops on top, which Integrations and Bring Your Own Bank docs sell as teams that connect existing corporate bank accounts for payment orders, reconciliation, and ledgering while Modern Treasury sits on those accounts.
- Teams that want a managed double-entry ledger as system of record, which Ledgers sells for wallets, omnibus and FBO tracking, card or lending balance programs, refunds, and split payments. Treat standalone Ledgers depth as in-scope Standout product when the Vert job is payment operations and money movement for platforms.
Partner intake is Talk to us (homepage, Payments, Ledgers, Pricing forms), Start building (product CTAs), Documentation, and app signup at https://app.moderntreasury.com/sign_up. Docs Organizations: register, verify email, create an organization; every organization gets live and sandbox environments; sandbox is fully functional with feature parity for testing. Payments Overview: PSP path removes the need for a direct bank partner to go live; Bring Your Own Bank Quickstart when you already have a supported bank sponsor. Payments page: Build in the sandbox, complete KYB, and start sending payments. Pricing FAQ: annual terms with flexible, usage-based pricing; all platform and usage fees apply toward a single minimum commitment; exact pricing depends on volume, rails, and account structure. Customer Agreement: Orders identify Products; Limited Releases cover sandbox, trial, early access, or beta. That is documented sandbox plus sales-led Order and KYB, not a published self-serve live start with no diligence.
It is a fit for a US software company or fintech that wants payment accounts, a real-time ledger, and multi-rail money movement inside the product, will complete Talk to us / Order and KYB (and a bank or Payments Partner path as required), and does not need Modern Treasury itself to be the deposit bank of record.
Standout details
- Brand, domain, and product URL (as printed). Official marketing name on live pages: Modern Treasury. Legal: Modern Treasury Corp.; M-Cubed Labs, Inc. (parent Modern Treasury Corp.) on Terms of Use. Canonical site: https://www.moderntreasury.com/ (WebFetch 200 at research). Confirmed product URLs used here: /products/payments, /payments, /ledgers, /products/ledgers, /pricing, /integrations, /about, /privacy, /terms (Customer Agreement), /legal/terms-of-use, /journal/why-we-built-payments, /journal/beyond-baas-how-modern-treasury-is-built-to-run-payments-at-scale, /journal/spring-product-release-recap, /newsroom/press-releases/modern-treasury-launches-payments. Docs: https://docs.moderntreasury.com/. App signup: https://app.moderntreasury.com/sign_up. API host examples in docs use https://app.moderntreasury.com/api/.
- Payment accounts and ledger (as printed). Payments: programmatically open named U.S. sub-accounts for pay-ins and payouts with unique account numbers, real-time balances, and transaction history. Why We Built Payments: FBO custodial accounts via bank partners; each customer and users can have sub-accounts; every sub-account has its own real-time ledger. Ledgers: managed double-entry OLTP ledger; account hierarchies (up to five levels); auto-ledgering with payment orders; balance monitors; account reconciliation against bank balances; immutable audit logs. Pricing FAQ: named pay-ins and payouts under a verified name; competitive interest on eligible idle capital parked with Modern Treasury (vendor claim). Beyond BaaS: focused on B2B payments and money movement; not consumer banking; no checking accounts as the product abstraction on that essay.
- Money movement (as printed). Rails marketed on Payments and homepage: ACH and same-day ACH, domestic wires, RTP, FedNow, push-to-card, checks, stablecoin orchestration; SWIFT marked coming soon. Stablecoin flows: USD to stablecoin on-ramps (ACH pull or wire, convert, send on-chain); stablecoin to USD off-ramps with payout via ACH, wire, RTP, FedNow, or push-to-card; launch copy names USDG, USDP, and USDC (USDT coming soon). Spring 2026 recap Q2 roadmap chips: checks, received ACH debits, push-to-card improvements, wire drawdowns, USDT, Global USD Accounts. Track surfaces: auto-reconciliation, return management, payment ops dashboard, audit-logged exports.
- Two operating models (as printed). Full-stack PSP: Modern Treasury operates the program, compliance, accounts, and rails with bank partners holding funds. Bring Your Own Bank / hybrid: customer keeps bank relationships; Modern Treasury provides ledgering, orchestration, and compliance tooling on connected accounts. Same APIs and ledger across both paths per Payments and Why We Built Payments. Docs Payments Overview mirrors that split (Payments Quickstart vs Bring Your Own Bank Quickstart).
- Ops, sandbox, and pricing. CTAs: Talk to us, Start building, Documentation, app sign_up. Sandbox access after signup is documented; production money movement still needs KYB and an Order or PSP/bank path. Public pricing page at /pricing describes Platform Access, Payment Usage (usage-based across ACH, wires, RTP/FedNow, push-to-card, checks, and stablecoins), and Accounts & Compliance (KYB/KYC, monitoring, payment accounts backed by regulated partners). FAQs: annual terms; single minimum commitment; per-unit costs decrease as volume increases; Ledgers priced on flexible usage tiers; on/off-ramp framed as fiat rail fee plus conversion fee without a public dollar table. Exact dollars are not printed as a self-serve rate card. This listing does not reprint a buy rate.
- Bank partners and license posture (as printed). Not a bank. Customer Agreement and Terms of Use: technology company; Payments Partners / Banks hold and move funds for applicable Services; classic Bank Account connection path disclaims money transmission by Modern Treasury when the customer brings its own accounts. PSP essays: bank partners provide FBO custodial accounts and hold funds. Integrations lists named direct bank integrations for BYOB (see license_posture). No single public page found that prints a complete, current FDIC roster for every PSP program. Ask Modern Treasury which partner applies.
- Geography and company facts. About: SF Office at 595 Market St, Suite 2200, San Francisco CA 94105; NYC Office at 184 Fifth Ave, 6th Floor, New York, NY 10010; complaints address 2261 Market Street STE 5607 San Francisco, CA 94114 (same line as Privacy). Frontmatter headquarters uses San Francisco, CA from Privacy and About. Founded year follows Matt Marcus journal Why We Built Payments (“When we started Modern Treasury in 2018”) and the Aug 15, 2018 Why We’re Building Modern Treasury launch post (YC Summer 2018). Co-founders named on journal and press: Matt Marcus (CEO) and Dimitri Dadiomov (President / co-founder).
- Scale and named customers are Modern Treasury’s. Homepage: $600 Billion Payments Processed; 99.99% Uptime (vendor claims). Payments launch and Spring recap: more than $400 billion / powered over $400 billion (vendor claims; absolute figures do not fully agree across homepage and press). Vendor-named stories and quotes on current surfaces include Navan, Procore, Anchorage Digital, Homegrown, ClassPass, Gusto, and Morse / Sling Money related quotes. Attribute as Modern Treasury-named stories and claims, not independent verification.
- Adjacent modules. This page is Modern Treasury payment operations for platforms. Adjacent products are Modern Treasury’s. They are not this page. Stablecoin network partnership packaging, Beam acquisition narrative, wallet infrastructure marketing, AI operations agents, MTL-holder solution pages, and bank partnership GTM on Integrations sit next to the core accounts-ledger-rails job.
Sources: moderntreasury.com, Payments, Ledgers, Pricing, Integrations, About, Privacy, Customer Agreement, Terms of Use, Why We Built Payments, Beyond BaaS, Spring 2026 Product Release Recap, Payments launch press, Why We’re Building Modern Treasury (2018), Docs, App signup.
Honest verdict
Modern Treasury is the listing to read when the job is payment operations for a software platform or fintech: payment accounts with a real-time double-entry ledger, reconciliation, compliance tooling, and multi-rail money movement across ACH, wires, realtime rails, push-to-card, checks, and stablecoins, either on the managed PSP path or by connecting your own bank accounts through the same API. Modern Treasury Corp. is not a bank. Funds for the managed path sit with bank partners and other regulated Payments Partners. The classic Bring Your Own Bank path keeps your bank relationships and uses Modern Treasury as the operations and ledger layer.
What it is not: a consumer retail bank brand page, a published per-rail dollar rate card, or live customer money with no KYB, Order, or partner diligence. Talk to us and Start building are the intake. Sandbox after signup is documented. Pricing on /pricing is usage-based with annual terms and a minimum commitment; exact fees need a quote. Homepage and press volume claims do not fully agree ($600B vs $400B+ framing). If you will not complete KYB and a partner or Order path, stop. If the job is accounts, ledger, and multi-rail money movement for platforms, start here.