Together, they create a comprehensive payments infrastructure that unites instant fiat and stablecoin payments — challenging card-first platforms
SAN FRANCISCO–(BUSINESS WIRE)–Modern Treasury, the most trusted infrastructure for global money movement, today announced the acquisition of Beam, a stablecoin and fiat payment platform for customers like Sling Money. With the addition of Beam’s technology and team, Modern Treasury’s money movement platform now spans both traditional and stablecoin settlement rails.
“Instant payments and stablecoins are the future of money movement,” said Matt Marcus, co-founder and CEO of Modern Treasury. “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.”
One API for Fiat and Stablecoin
For companies building payments into products, the platform will support real-time payments via stablecoins, Push-to-Card, and traditional rails like RTP and FedNow, as well as traditional rails like ACH and wires. This will be offered in a single API. By handling the heavy lifting of KYC and KYB as well as AML across fiat and blockchains, Modern Treasury will allow companies to launch payment products faster — replacing six months or more of bank onboarding and compliance work with just a few API calls.
This expansion enables instant payouts, seamless on- and off-ramping flows, and more efficient treasury operations without needing to stitch together multiple providers.
With stablecoins coming into regulatory clarity and financial institutions modernizing faster than ever, the market demands a platform that can speak both languages (fiat and stablecoin) from day one. Fortune 500 companies want more flexible treasury and payment operations. Global teams want to operate across currencies, regions, and payment systems through a single API. Demand is rising from every direction as individuals and businesses move toward a world where money moves at the speed of the Internet.
Strengthening Technology and Expertise
The acquisition also adds important capabilities and leadership to Modern Treasury. Beam’s stablecoin orchestration technology accelerates Modern Treasury’s roadmap for real-time, global payments. Founder Dan Mottice — who previously led Visa’s crypto settlement products and Visa Direct Payouts — joins Modern Treasury as Head of Beam.
“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 Dan Mottice, founder and CEO of Beam. “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.”
A Step Forward in Global Money Movement
For Modern Treasury, this acquisition reflects the growing demand for faster, more flexible ways to move money globally.
“Today, companies are forced to stitch together multiple providers for ACH, stablecoins, and real-time payments — an expensive and challenging process. With Beam, Modern Treasury becomes the first payments platform for faster, more reliable, and lower-cost money movement across major rails, including fiat on and off ramp, cross-border, and remittance flows powered by stablecoins,” said Dimitri Dadiomov, co-founder and President of Modern Treasury. “As instant payments and stablecoins reshape the future of commerce, Modern Treasury is committed to building the rails that power money in motion, everywhere.”
For Beam’s Customers
Beam customers will see no interruption in service.
Read more about Modern Treasury and Beam here.
Contacts
Chris Frakes, Modern Treasury
[email protected]
