Introducing Modern Treasury Payments. Built to move money across fiat and stablecoins. Learn more →

Journal
May 13, 2021

Announcing Our Partnership with Silicon Valley Bank

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

Image of Dimitri Dadiomov
Dimitri Dadiomov / Co-Founder and President
Explore With AI
Topics

We are excited to announce our partnership with Silicon Valley Bank, building upon three years of work serving our mutual clients. Since its unconventional start in the early ‘80s [1], SVB has grown to work with innovative companies, supporting 50% of all venture-capital backed tech and life science companies in the U.S. Our formal referral partnership will catalyze the sourcing of new clients and support existing clients with specialized teams and onboarding processes that allow for easier and faster implementations.

Today Modern Treasury is integrated with 15 banks—with more in the pipeline—and it all began with our initial integration into SVB back in 2018. Matt, Sam, and I were in the YC summer batch and spent those 12 weeks laser-focused on building the first API to connect the Modern Treasury platform to our own account at SVB. Through persistence, we managed to go-live with SVB as our first bank integration for ourselves and our customers. We also lucked into a trusted, symbiotic relationship that has grown over the years into this first-of-its kind formal bank partnership for Modern Treasury.

Our bank partners are core to what we do and we are proud of all the relationships we have built. We look forward to deepening our relationships with our existing bank partners and building new relationships to ensure our clients have the best of banking available to them. If you’re a bank and you want to learn more about partnering with Modern Treasury, reach out to our partnerships team.

We’re thrilled to be announcing our first bank partnership, and thank you SVB for your constant pursuit to support innovators like us.

Subscribe to our newsletter

Get the latest articles, guides, and insights delivered to your inbox.

Authors

Image of Dimitri Dadiomov
Dimitri DadiomovCo-Founder and President

Dimitri Dadiomov is the co-founder and President of Modern Treasury. Dimitri started his career in product and business development at Better Place and then moved to venture capital before earning his MBA at Harvard Business School. Dimitri is a graduate of Stanford University and spends his free time skiing, hiking, writing, and devouring books.