rewrite this title Modern Treasury Acquires Beam to Bring Stablecoins and Fiat Under a Single API – Finovate

Modern Treasury announced its first acquisition, purchasing stablecoin and fiat payments company Beam to expand its real-time money movement capabilities.

The deal unifies fiat and stablecoin rails under Modern Treasury’s single API and will support RTP, FedNow, ACH, wires, Push-to-Card, and stablecoin payments while streamlining compliance through built-in KYC, KYB, and AML.

By combining Beam’s stablecoin technology with Modern Treasury’s scale, the company is positioning itself as a bridge between traditional and blockchain payments.

Payment operations platform Modern Treasury marked its first acquisition today. The San Francisco-based company announced this week it has purchased payments company Beam for an undisclosed amount.

Modern Treasury plans to use Beam, which offers both stablecoin and fiat payments capabilities for customers like Sling Money, to broaden its own money movement platform to include both traditional and stablecoin settlement rails.

Beam was founded in 2022 and has since processed more than $350 million in payments across the globe that have enabled small and medium-sized businesses to manage their cross-border operations. The company has raised $7 million and is backed by investors including Archetype, Castle Island Ventures, Arca, A*, and Soma.

“Instant payments and stablecoins are the future of money movement,” said Modern Treasury Co-founder and CEO Matt Marcus. “Beam has proven traction delivering real-time payments for stablecoin-native payment flows. Modern Treasury has processed hundreds of billions of dollars on our platform. Together, we’re creating the best infrastructure to move money instantly—without the delays and limitations of banks or card-first payment providers.”

Modern Treasury will support real-time payments via stablecoins, Push-to-Card, and traditional rails like RTP, FedNow, ACH, and wires. The company simplifies the application with its single API that handles compliance elements such as KYC, KYB, and AML, which allows it to replace six months of onboarding and compliance work with just a few API calls.

“Beam was founded on the belief that stablecoins can play a major role in the future of payments, but to make that real, you need scale, regulatory strength, and trusted infrastructure,” said Beam Founder and CEO Dan Mottice. “By joining forces, we’re accelerating that vision. Beam’s stablecoin and fiat orchestration capabilities will be woven directly into Modern Treasury’s platform to unlock instant pay-ins and payouts, FX efficiency, and next-generation liquidity management, all within a trusted enterprise-grade system.”

Mottice, who previously led Visa’s crypto settlement products and Visa Direct Payouts, is joining Modern Treasury as Head of Beam as part of today’s deal.

Modern Treasury’s acquisition of Beam is a great example of how stablecoins are not only becoming mainstream, but they are also becoming a key way for organizations to differentiate themselves in the enterprise payments space.

As stablecoins gain regulatory clarity and businesses demand faster, always-on settlement, Modern Treasury is positioning itself as the connective tissue between fiat and blockchain rails. Because it brings both traditional and stablecoin payments under one API and compliance framework, Modern Treasury sets itself apart in the crowded global money movement space.

Photo by Maximilian Orlowsky

Views: 67