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•October 15, 2026

Play Money Selects Modern Treasury to Power Payments for Its Angel Investing Platform

Play Money uses one Payments API to collect investor payments, distribute payouts to founders, and maintain a real-time ledger of every transaction across its platform.

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San Francisco, CA — [October 15, 2026] — Modern Treasury, which provides infrastructure for global money movement, today announced that Play Money, an angel investing platform, has selected Modern Treasury’s Payment Service Provider (PSP) to power its payments infrastructure.

Play Money was founded to make angel investing easy, transparent, and accessible. The platform curates one vetted startup deal each week for accredited investors and pairs it with a founder video, deal-lead diligence, and insights from co-investors.

As Play Money adds more deals, investors, and dollars, it needs payments infrastructure that can reliably collect funds from investors, disburse them to founders, and give both the company and its users clear visibility into where every dollar stands.

"Before Modern Treasury, moving money across every deal meant piecing together bank statements, vendors, and manual reconciliation to answer two basic questions: has this investor's money arrived, and has this founder been paid," said Cheryl Kellond, Co-Founder and CEO of Play Money. "Bringing accounts, ledgering, and payments into one integration streamlines our operations. We know exactly where every dollar is, and we can give our investors and founders that same confidence."

With one integration, Modern Treasury’s Payments API enables Play Money to:

  • Collect investor funds via ACH debits and wire for each weekly deal, giving angels a reliable way to fund their commitments as deals close
  • Programmatically create sub-accounts to manage funds across entities without adding operational overhead
  • Pay out founders via ACH, wire, RTP, and FedNow once a deal is funded, so startups receive capital quickly and predictably
  • Ledger every transaction in real time, giving Play Money and its users a clear record of commitments, payments, and funding status

By bringing accounts, ledgering, and payments together in one API, Play Money can avoid stitching together separate systems to track money from investor to deal to founder.

“Private-market investing is moving toward a more accessible, community-driven model, and the infrastructure behind it has to evolve too,” said Matt Marcus, Co-Founder and CEO of Modern Treasury. “Play Money is helping shape that next chapter. We’re proud to provide the financial foundation they need to scale while delivering the speed, visibility, and trust investors and founders expect.”

Learn more about Modern Treasury’s Payments API at moderntreasury.com/products/payments.

About Modern Treasury

Modern Treasury provides the most trusted infrastructure for global money movement. Trusted by leading enterprises and financial institutions, the platform helps businesses launch and scale payment experiences in days, not months, with best-in-class developer tools and a single API for both fiat and stablecoin transactions. With built-in compliance, ledgering, and reporting, Modern Treasury enables instant, reliable, and scalable money movement for companies of all sizes.

Backed by leading investors including Benchmark, Altimeter, and Salesforce Ventures, Modern Treasury has powered over $600 billion in payments for hundreds of organizations.

Learn more about Modern Treasury at www.moderntreasury.com.

About Play Money

Play Money is making angel investing accessible to everyday accredited investors. Rather than overwhelming its community with endless deal flow, Play Money curates one vetted startup opportunity each week, paired with a founder video, a deal lead's investment thesis, and insights from co-investors, so members can invest with the same confidence and context as professional angels. Founded by Cheryl Kellond and Jill Soley, Play Money is built around transparency, low investment minimums, and a growing network of deal leads and investors helping to diversify who gets to back the next generation of startups.

Learn more about Play Money at www.letsplaymoney.com.

Disclaimer: Modern Treasury facilitates the orchestration of transactions through its technology platform. All customer funds are received, maintained, and disbursed through Modern Treasury’s banking partners.

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