Reliable payments infrastructure for the next generation of financial services
Modern businesses' need reliable infrastructure to power seamless payment experiences for millions of users. Companies like Pipe use Modern Treasury to automate money movement through multiple payment methods, bank accounts and currencies.
Use Cases
Lending and invoice factoring
Neobanks and retail investing apps
Accounts payable and receivable software
“Our CTO took it upon himself to test Modern Treasury using the public API documentation and he was able to build a basic integration in an afternoon.”
Complete control over payments for the modern marketplace
Marketplaces need to move money between buyers and sellers quickly, track user balances, and resolve payment issues. With direct bank account integrations that speed up payment settlement and a double-entry ledgers API to record money movement, Modern Treasury gives companies like Outdoorsy and ClassPass complete control over high volume payment flows on their platforms.
Use Cases
Vendor payouts
Peer-to-peer payments
Balance tracking for loyalty and rewards programs
“The faster transit times have allowed us to store and move all funds through our master account, which has improved our relationship with our bank.”
Reporting and workflows for real-time visibility into healthcare payments
Payments in healthcare have complex fund flows requiring custom payment approval rules, audit logs and segregation of funds between different bank accounts. Companies like Sana, Cherry and Heron Therapeutics use Modern Treasury’s APIs, reporting and workflow tools to make it easy to monitor complex fund flows in real-time.
Use Cases
Bill payments
Point of sale financing for medical procedures
Health insurance premium collection and claims management
“I’m in the Modern Treasury app just about every day. It’s where my team and I ensure the business is running just as expected.”
Flexible APIs to build custom payment experiences for real estate applications
Real Estate software products need to manage a variety of payment flows with high average transaction sizes over different payment methods. Modern Treasury provides flexible payment APIs, support for multiple payment methods and virtual accounts so that companies like Side and Haus can build and manage payment experiences tailored to their use case.
