San Francisco based provider of payment operations software raised $38m in Series B funding led by Altimeter Capital.
“Innovation on the Internet is starting to reach these older-school parts of the economy,” says Modern Treasury CEO and cofounder Dimitri Dadiomov. Those include business-to-business payments, payroll and benefits, student loan processing, rent collection, home-sales escrow, and health care payments.
https://fortune.com/2021/01/12/y-combinator-alum-modern-treasury-raises-38-million/