Modern Treasury

is a Breakout List top startup to join

What Modern Treasury makes: APIs for integrating payouts, direct debits and balance tracking for companies with products that move money.
💻 Engineers, Product, Design
💵 Salespeople


Altimeter, Benchmark, Y Combinator

Additional info

Many companies have to move and track money on behalf of their customers. Marketplaces, exchanges, payroll companies, stock brokerages, financial planning apps, and insurance companies. It's company critical, so companies end up having to do a combination of hiring many people to track, initiate and reconcile bank payments, in addition to building integrations to banks. Modern Treasury offers an API to do that much more easily. It's a no-brainer for customers, which is an extremely strong signal to consider joining the company.

From a business perspective, the customer list is strong, customer growth is excellent, and contract sizes are large.

From a team perspective, Modern Treasury is attracting ambitious founder type engineers, as well as engineers with a craftsperson approach.

Historically about half the engineering team has been in SF, about a quarter in NY, and about a quarter remote.

Well suited for engineers with a craftsperson approach who will take care when designing how the systems work, given the influence MT will have over banking APIs. Working here will give a down to the metal understanding of how banks work. Fintech background not needed, though being excited about the problem is helpful.

Correctness and rigor is vital, given the movement of money. This is effectively an opportunity to build the first API into the global banking system.

If you join a company, my general advice is to join a company on a breakout trajectory.
Sam Altman
CEO at OpenAI, former President of Y Combinator
There are a bunch of great things that you get when you go to a younger, high-growth company.
Marc Andreessen
GP at Andreessen Horowitz, Co-founder of Netscape