Behind The Scenes

We’re excited to share that Modern Treasury is joining the Plaid Payment Partner Ecosystem.

Today, we’re excited to share that we’ve reached another milestone on the road to building an enduring and valuable company: we raised an $85M Series C. The new financing values the company at over $2B.

Last month, Shruthi Murthy joined the team as head of engineering, and in this Behind the Scenes journal she describes what drew her to Modern Treasury.

Optimistic Locking is a control method that assumes multiple transactions can complete concurrently without conflict. We built our ledgers API with concurrency control semantics to better manage transaction volume.

A few months ago we conducted a reverse interview with one of our favorite business podcasts: Acquired. Today, we're excited to share it.

On Monday, we announced Ledgers, our new product that helps businesses manage their books. Here's the story behind why we built it.

We are excited to announce our first formal bank partnership with Silicon Valley Bank.

Today, we are excited to announce that Modern Treasury reconciled over $1B in payments for our customers last month, a compound monthly growth rate of 37%.

A story about a $900 million mistake, bad software, and good people. This case goes to the heart of why we started Modern Treasury. 

These past five months, I’ve had the opportunity to intern at Modern Treasury and wanted to reflect on my experience here.