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.
There are many important moments along the journey of never-ending work it takes to build an enduring and valuable company. Today we’re excited to share that we’ve reached another stepping stone on that path: we raised a $38M Series B financing led by Altimeter Capital.
2020 was a year like no other. To fill all that time at home, we consumed a lot of content. So what caught our eye in 2020? Here are our favorite posts from the year.
Yesterday, we announced self-serve sign up, an easy and secure way to start moving money within minutes. Here's how we built it.
There’s a myth going around now that fintech is a new industry, poised to take over, and that now that it’s here, every company will be a fintech company. In reality, though, fintech is just as old as "tech." For as long as engineers and entrepreneurs have been coming up with new technology amongst the hills of Cupertino and the orange groves of Mountain View, there have been fintech entrepreneurs right amongst them. And in many instances, the two groups have utilized the same technology advances to push the world forward.
Today, we are excited to announce that Modern Treasury reconciled over $100 million in payments for our customers last month. This milestone comes after compound monthly growth of 25% since January.
So here it is: the top ten. It’s a subset of our full list of readings that’s focused on payments specifically.
In November, we released functionality that allows Modern Treasury to connect with general ledger systems in real-time and introduced it as a class of features called Continuous Accounting.
Modern Treasury integrates with NetSuite to support our Continuous Accounting product.
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