Modern Treasury, a leading payment operations platform, has announced its partnership with J.P. Morgan’s Payments Partner Network. This network offers a range of end-to-end payment solutions designed to meet the needs of businesses of all sizes.
By joining the Payments Partner Network, Modern Treasury aims to make it easier for companies to find, integrate, and scale solutions that seamlessly work with J.P. Morgan’s Payments Platform. Through this collaboration, enterprises will be able to leverage Modern Treasury’s software to integrate directly with J.P. Morgan’s treasury solutions, enabling them to boost revenue, modernize payment infrastructure, and securely manage fund flows at a large scale.
This partnership is the latest development in a four-year collaboration between Modern Treasury and J.P. Morgan. The two companies initially integrated in 2019 to launch Real-Time Payments (RTP) capabilities. Since then, Modern Treasury has expanded its offering to include integration with J.P. Morgan’s core banking and treasury offerings, such as domestic and cross-border payments, virtual accounts, and enhanced balance and transaction reporting.
Dimitri Dadiomov, CEO of Modern Treasury, expressed excitement about the continued collaboration with J.P. Morgan, stating that the Payments Partner Network is a testament to J.P. Morgan’s commitment to meeting evolving client needs. He looks forward to delivering the best solutions for leading corporate clients as the global payment ecosystem continues to evolve.
Modern Treasury is known as the operating system for the new era of payments, providing companies with tools to unlock growth, enhance customer experiences, and drive efficiency. Their payment operations platform and developer tools enable companies to move forward with faster payments, streamlined workflows, full data visibility, and seamless bank integrations.
Founded in 2018 and based in San Francisco, Modern Treasury serves a wide range of companies across various sectors, including ClassPass, Gusto, Marqeta, Procore, and Navan. The company has received funding from notable investors such as Altimeter Capital, Benchmark, and Y Combinator.
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