Modern Treasury vs. Increase
Feature Comparison
| Capability | Increase | Modern Treasury |
|---|---|---|
| Primary use case | Programmable banking API delivered directly by a chartered bank — accounts, payments, and money movement on a single bank. | Integrated payment service provider (PSP) that moves money across ACH, wires, RTP, FedNow, and stablecoins—with accounts and compliance built in. Add direct bank partners as you grow from the same integration. |
| Bank model | Single-bank model. Increase is the bank for accounts opened on the platform. | Start with our Payment Service Provider. Add direct bank partners as you grow—without changing your integration. |
| Payment rails | ACH, wire, RTP, FedNow, check, and book transfers on Increase's bank. | ACH, RTP, FedNow, wire, and stablecoins (USDC) — one platform for fiat and stablecoins. |
| Real-time ledger | Account balances and transaction history are exposed via the API for accounts on the platform. | A single, immutable system of record to track balances, transactions, and money movement across your entire stack. |
| Multi-bank orchestration | Increase operates as a single-bank platform. | Designed to orchestrate flows across multiple banks and rails on a single API. |
| KYC / KYB / AML | Compliance is run by Increase as the chartered bank. | Use Modern Treasury's compliance tooling, or bring your own KYC/KYB/AML provider. |
| Stablecoins | Stablecoin rails are not part of the product. | Native USDC support across the same API as fiat rails. |
Where the Approaches Differ
Single-bank vs multi-bank
Increase is a chartered bank delivered as an API. Modern Treasury is bank-agnostic infrastructure that runs on the banks you choose.
Bank concentration
Programs running on a single bank are exposed to that bank's outages, policies, and rate changes. Multi-bank platforms can route around them.
Ledger as a separable layer
Modern Treasury offers a dedicated double-entry ledger to track balances, transactions, and money movement across your entire stack.
Stablecoins
Stablecoin rails are not part of the Increase product. Modern Treasury supports stablecoin and fiat via the same API.
Different Platforms, Different Infrastructure
Increase is best for:
- Teams that want a single chartered-bank relationship via API
- US-only payment programs on one bank
- Direct ACH, RTP, FedNow, wire, and check rails on one platform
- Use cases comfortable with a single-bank concentration
Modern Treasury is best for:
- B2B platforms operating across multiple banks
- Vertical SaaS embedding payments into their product
- Platforms managing sub-accounts or third-party funds
- Fintech platforms requiring ledger and compliance infrastructure
- Companies that need one platform for fiat and stablecoins
Payments Processed
Across Fiat and Stablecoins
Not Months to Go Live
Common Questions About Modern Treasury vs. Increase
Increase is a chartered bank that delivers programmable banking — accounts, ACH, RTP, FedNow, wire, check, and book transfers — through an API on Increase as the bank. Modern Treasury is payments infrastructure that connects multi-rail payments, programmable accounts, real-time reporting, and built-in compliance via a single API. You can start with the PSP or bring your own bank as you grow.
No. Modern Treasury is not a bank. We provide multi-rail payments, programmable accounts, real-time reporting, and built-in compliance. Use our PSP or add your own bank partners as you grow.
Modern Treasury is bank-agnostic infrastructure. Whether a specific bank can be configured depends on existing integrations and partnerships — please reach out to confirm.
Multi-bank platforms reduce concentration risk, support routing across rails by cost or speed, and let teams retain or migrate their existing banking relationships. Single-bank platforms reduce vendor count and simplify the stack but tie your program to one bank's policies and operational profile.
Yes. ACH, RTP, FedNow, wire, and stablecoins (USDC) are first-class rails on a single API.
If you want a single chartered bank delivered as an API and your program fits comfortably on one bank, Increase is built for that. If you need multi-bank orchestration, a dedicated ledger product, or stablecoin support, Modern Treasury is purpose-built for that.