Modern Treasury, every mention
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Verbatim, from the transcripts: the passages where Modern Treasury comes up
Microsoft Volume I: The Complete History and Strategy of founding through Windows 95 (Audio) · Acquired
- ▶ 40:47 David Rosenthal Other companies in the partner network include Oracle, American Express, MasterCard, Accenture, and many more, including, friends of the show, Modern Treasury.
Holiday Special 2023 (Audio) · Acquired
- ▶ 1:06:55 Ben Gilbert The Vantas and the Modern Treasuries and the vouchers of the world do while stewarding a 20, 3000 year brand.
- ▶ 1:07:27 Ben Gilbert and we use modern treasury.
- ▶ 1:07:45 Ben Gilbert Like I just keep going back to Dimitri and his co-founders coming up to us at our very first live show after they had come out of YC and telling us about this tiny little modern treasury at the time.
Visa (Audio) · Acquired
- ▶ 3:25:28 David Rosenthal I mean, great friends of the show, Modern Treasury, like, they are enabling a lot of this.
- ▶ 3:41:40 Ben Gilbert Good friend of the show, Dimitri from Modern Treasury, for helping us quickly get up to speed on payments, and good friend of mine, and David's both, Ben Idelson, who is a former product person from Stripe.
Holiday Special 2022 · Acquired
- ▶ 54:06 David Rosenthal Modern Treasury, Vouch, Mystery, Standard Metrics, we've invested in.
Benchmark Part II: The Dinner · Acquired
- ▶ 1:07:06 David Rosenthal Some fairly complex fintech stack from Stripe to Friends of the Show Modern Treasury, Gusto, Brex, Shopify, Square, etc.
- ▶ 1:38:23 Eric Vishria So when, when Chathan joins and, and does modern treasury, um, as an example, um, like, or Sarah joins and does chain analysis, like you're, that, that wasn't intentional, like, oh, there's like this big crypto thing and Sarah's an expert…
ACQ Sessions: Jason Calacanis · Acquired
- ▶ 1:28:34 Ben Gilbert It's modern treasury, and it's private.
Benchmark Part I · Acquired
- ▶ 2:24 Ben Gilbert Semiconductor and networking companies like Synopsys and Juniper Networks, and of course, in the next generation, OpenTable, Zillow, Twitter, Instagram, Uber, WeWork, Snap, Riot Games, Asana, Discord, New Relic, and our friends of the show…
- ▶ 1:36:39 David Rosenthal It runs on Modern Treasury.
Amazon Web Services · Acquired
- ▶ 52:42 David Rosenthal It's modern treasury.
Amazon.com · Acquired
- ▶ 1:48:51 David Rosenthal The stripes, the plaids, the modern treasuries, all of these
The Playbook: Lessons from 200+ Company Stories · Acquired
- ▶ 34:46 David Rosenthal Amazon, Microsoft, Apple, Tesla, McKinsey, Uber, Twitter, Ford, Stripe, Starbucks, Fidelity, Convoy, Modern Treasury.
- ▶ 49:44 David Rosenthal Modern Treasury, Vouch, even Mystery, all of, you know, if you can provide a critical, mission-critical piece of infrastructure that other companies can use
- ▶ 58:11 David Rosenthal And for our final sponsor of the episode, we have, as always, our good friends over at Modern Treasury.
- ▶ 58:19 David Rosenthal Modern Treasury is by far the best way to manage your company's payment operations.
- ▶ 58:24 David Rosenthal Their platform allows you to move money within your product using code and not manual finance operations.
- ▶ 58:34 David Rosenthal With their APIs, you can move money
- ▶ 59:03 David Rosenthal Modern treasury abstracts all of that.
- ▶ 59:06 David Rosenthal All of that away and enables you just by integrating their API and managing everything through their best in class web apps.
- ▶ 59:14 David Rosenthal You can take all of that complexity of banking rails off of your team's hands and let them do it probably far better than you ever could.
- ▶ 59:23 David Rosenthal Honestly, it's just an incredible company and it's so cool.
- ▶ 59:26 David Rosenthal They're such a part of the acquired community.
- ▶ 59:29 David Rosenthal We did our reverse interview LP show with them.
- ▶ 59:32 David Rosenthal A few years ago, back when they were a tiny, tiny little company doing ten million dollars per month in money that they were moving on the platform.
- ▶ 59:40 David Rosenthal Well, fast forward to last fall, when we first started talking about working with them as a sponsor, they were moving a hundred million dollars a month on the platform, and now they are moving billions of dollars every month on the…
- ▶ 1:00:01 Ben Gilbert Programmatically do things like place calls with people like Twilio using APIs, and now you can use Modern Treasuries APIs and user interfaces for non-technical folks to literally move money around, and they're so deeply integrated with…
- ▶ 1:00:31 David Rosenthal Modern Treasury and their banking rails to move money around within the apps.
- ▶ 1:00:37 David Rosenthal So if you're building a fintech app, we used to say you definitely need Modern Treasury.
- ▶ 1:00:42 David Rosenthal The odds are it's impossible that you don't already know about Modern Treasury if you're building a fintech app.
- ▶ 1:00:55 David Rosenthal So go check them out.
- ▶ 1:00:57 David Rosenthal You can learn more at modern treasury.com slash acquired.
- ▶ 1:01:00 David Rosenthal And when you get in touch, just tell them that Ben and David sent you.
- ▶ 1:01:04 Ben Gilbert Thanks, Modern Treasury.
- ▶ 1:07:33 Ben Gilbert To Mystery and to Modern Treasury, and we'll see you next time.
American Dynamism (with Katherine Boyle) · Acquired
- ▶ 20:22 David Rosenthal The origin of that quote was with Bezos when he was launching AWS at Y Combinator, you know, 15 years ago, but probably 70% of our sponsors here, you know, Fanta, Modern Treasury, Vouch, it's just in the water now that like, of course, the…
- ▶ 50:24 David Rosenthal It's Modern Treasury.
- ▶ 1:08:17 David Rosenthal All right, and for our final sponsor of the episode, we have, as always, our good friends over at Modern Treasury.
- ▶ 1:08:26 David Rosenthal Modern Treasury is by far the best way to manage your company's payment operations.
- ▶ 1:08:32 David Rosenthal Their platform allows you to move money within your product using code and not manual finance operations.
- ▶ 1:08:41 David Rosenthal With their APIs, you can move money
- ▶ 1:09:10 David Rosenthal Modern treasury abstracts
- ▶ 1:09:12 David Rosenthal All of that, all of that away and enables you just by integrating their API and managing everything through their best in class web apps.
- ▶ 1:09:21 David Rosenthal You can take all of that complexity of banking rails off of your team's hands and let them do it probably far better than you ever could.
- ▶ 1:09:30 David Rosenthal Honestly, it's just an incredible company and it's so cool.
- ▶ 1:09:33 David Rosenthal They're such a part of the acquired community.
- ▶ 1:09:36 David Rosenthal We did our reverse interview LP show with them.
- ▶ 1:09:39 David Rosenthal A few years ago, back when they were a tiny, tiny little company doing ten million dollars per month in money that they were moving on the platform.
- ▶ 1:09:47 David Rosenthal Well, fast forward to last fall when we first started talking about working with them as a sponsor, they were moving a hundred million dollars a month on the platform, and now they are moving billions of dollars every month on the platform.
- ▶ 1:10:08 Ben Gilbert Programmatically do things like place calls with people like Twilio using APIs, and now you can use Modern Treasuries APIs and user interfaces for non-technical folks to literally move money around, and they're so deeply integrated with…
- ▶ 1:10:38 David Rosenthal Modern treasury and their banking rails to move money around within the apps.
- ▶ 1:10:44 David Rosenthal So if you're building a fintech app, we used to say you definitely need modern treasury.
- ▶ 1:10:49 David Rosenthal The odds are it's impossible that you don't already know about modern treasury if you're building a fintech app, but even if you're not building a fintech app,
- ▶ 1:10:56 David Rosenthal The ability to integrate money and money movement into pretty much anything these days is mission critical, so go check them out.
- ▶ 1:11:04 David Rosenthal You can learn more at moderntreasury.com slash acquired, and when you get in touch, just tell them that Ben and David sent you.
- ▶ 1:11:11 Ben Gilbert Thanks, Modern Treasury.
- ▶ 1:21:33 Ben Gilbert With that, thank you to the Solana Foundation, to Mystery, and to Modern Treasury, and we'll see you next time.
Capital-Efficient Growth (with Zoom CEO Eric Yuan & Veeva CEO Peter Gassner) · Acquired
- ▶ 37:35 David Rosenthal Modern Treasury uses them.
- ▶ 1:00:46 David Rosenthal Modern treasury.
- ▶ 1:00:48 David Rosenthal By this point, you know, probably long time listeners have acquired know everything about modern treasury, but they are by far the best way to manage your company's payment operations.
- ▶ 1:00:59 David Rosenthal Their platform allows you as a company and your developers to build right into your product, the ability to move money.
- ▶ 1:01:28 David Rosenthal They have direct integrations with almost every major commercial bank at this point, and they allow you to move money using APIs and web apps versus
- ▶ 1:02:05 David Rosenthal And now Modern Treasury just takes over all of that.
- ▶ 1:02:09 David Rosenthal It's been incredible to watch this company.
- ▶ 1:02:12 David Rosenthal They're just a few years old.
- ▶ 1:02:13 David Rosenthal Two years ago, right after they started, they were reconciling about ten million dollars of payments every month, which, you know, like, that's a lot.
- ▶ 1:02:25 David Rosenthal Today, they are doing well over two billion dollars of payments every single month moving on the platform.
- ▶ 1:02:34 Ben Gilbert And just so folks understand, Modern Treasury is not only the workflow software that gets used by the product team and by the ops team and by the finance team.
- ▶ 1:02:43 Ben Gilbert They're also the literal underlying money movement.
- ▶ 1:02:45 Ben Gilbert So they have bank integrations to actually facilitate those movements for you.
- ▶ 1:02:58 David Rosenthal They are used by companies like Gusto,
- ▶ 1:03:03 David Rosenthal Marketa, Revolut, Pipe, TripActions, ClassPass, BlockFi, LedgerX, lots of crypto companies are now using them for ramps on and off, and connections between fiat and crypto and web three.
- ▶ 1:03:16 David Rosenthal You can do so many use cases with modern treasury.
- ▶ 1:03:29 David Rosenthal Absolutely need Modern Treasury.
- ▶ 1:03:31 David Rosenthal You for sure already know about them, but even if you're not in fintech, if you're looking to add payments or any aspect of money and money movement to your software product, Modern Treasury's APIs are super simple.
- ▶ 1:03:43 David Rosenthal Absolutely go check them out.
- ▶ 1:03:44 David Rosenthal You can go to moderntreasury.com slash acquired to learn more, and when you get in touch with them, just tell them Ben and David sent you.
- ▶ 1:03:53 Ben Gilbert Thanks, Modern Treasury.
- ▶ 1:09:56 Ben Gilbert And our friends at modern treasury, that's modern treasury.com slash acquired.
Arena Show Part I: Idea Dinner + YC Continuity · Acquired
- ▶ 46:44 David Rosenthal Brex, friends of the show, Modern Treasury, Vouch, Vanta, came out of the accelerator business.
Platforms and Power (with Hamilton Helmer and Chenyi Shi) · Acquired
- ▶ 47:15 David Rosenthal Our acquired favorites, Modern Treasury.
- ▶ 47:18 David Rosenthal Modern Treasury is by far the best way, by far the best way to manage your company's payment operations.
- ▶ 47:25 David Rosenthal Their platform allows you to move money right in your product using code, not manual finance operations.
- ▶ 47:33 David Rosenthal You can move money in any software product with them.
- ▶ 47:42 David Rosenthal They have direct integrations with almost all the major commercial banks and allow you to move money using APIs and web apps versus managing the vast, vast complexity of the banking rails yourself.
- ▶ 47:55 David Rosenthal When you build money movement apps with modern treasury, your product engineering and finance teams can focus on your core product.
- ▶ 48:08 David Rosenthal On a personal note for Ben and me, it has been incredible to watch the success of this company.
- ▶ 48:13 David Rosenthal I mean, when we started getting to know Dimitri and the team two years ago, they were doing about ten million, I think, in payments reconciled per month.
- ▶ 48:22 David Rosenthal That grew to a hundred million in less than a year, and now they're doing over two billion dollars in payments reconciled every month.
- ▶ 48:37 Ben Gilbert What, a few weeks ago now, and just a real all-star group they've built there.
- ▶ 48:42 David Rosenthal They are now trusted by customers across basically every sector, like Gusto, Marketa, Revolut, Pipe, TripActions, ClassPass, BlockFi, LedgerX, TradFi, Crypto, regular software products.
- ▶ 48:58 David Rosenthal All of these folks use Modern Treasury for a variety of money movement use cases, like automatic payouts, direct
- ▶ 49:08 David Rosenthal So whether you're looking to build a fintech app specifically or just add payments to your regular old software product, Modern Treasury's APIs make it super simple to do so.
- ▶ 49:18 David Rosenthal Go check them out and learn more at moderntreasury.com slash acquired and tell them that Ben and David sent you.
- ▶ 49:26 Ben Gilbert Thanks, Modern Treasury.
- ▶ 1:10:18 David Rosenthal Including Modern Treasury.
- ▶ 1:11:15 Ben Gilbert David, like you mentioned, Modern Treasury, Convoy, lots of other startups.
- ▶ 1:25:37 Ben Gilbert And our thanks to Solana Foundation, Modern Treasury,
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